August 11, 2022
Patients will bear the steepest consequences of proposed cuts to home health
Posted in: News
MedCity News
In the current market where inflation and the costs of healthcare continue to rise, there’s a constant challenge in identifying where best to allocate a finite amount of funds.
Understandably, no easy decision exists, but consumer demand and, ultimately, what will make healthcare more accessible, convenient, cost-effective and better for patients must serve as our guide.
Thus, there are some care sectors where a reduction in federal funding is simply not feasible or sensible. Leading that list is home healthcare, a sector that has experienced significant growth during and following the peak of Covid-19 and continues to innovate for the benefit of its patients.
Despite this, the U.S. Centers for Medicare & Medicaid Services (CMS) recently proposed a permanent 7.69% cut to Medicare home health providers, plus a future “clawback” of payments to providers for care delivered in 2020 and 2021. In total, these cuts are estimated to reach $18 billion over the next 10 years, beginning in 2023.
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