June 30, 2023

Medicare Proposes $375 Million Pay Cut for Home Health Agencies

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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.

Click here to see the full article on the Bloomberg Law website.