June 30, 2023
Medicare Proposes $375 Million Pay Cut for Home Health Agencies
Posted in: News
Bloomberg Law
Overall Medicare payments to home health agencies would fall 2.2%, or $375 million, in 2024 under a proposed rule released Friday by the Biden administration.
While the proposed update (RIN 0938-AV03) would bump payments 2.7%, or $460 million, home health agencies would also absorb a 5.1% decrease of $870 million based on the assumption that the agencies altered their billing and coding activity to maximize reimbursements in 2020 and 2021.
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