November 4, 2022

Final home health rule gives industry a fright

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McKnight's Home Care

Just in time for Halloween, the federal government released a final home health rule. While it may not have risen to the level of horror, it still managed to spook the industry.

In its final rule revealed Monday, the Centers for Medicare & Medicaid Services presented an expansion of Medicare payments for calendar year 2023 of 0.7%, or $125 million, compared to 2022. This figure reflects a 4% market-basket update, or $725 million; a behavioral adjustment of -3.925%, a $635 million decrease; and a small uptick of 0.2%, or $35 million increase.

Click here to see the full article on the McKnight’s Home Care website.