The Affordable Care Act appears to be having an impact on lowering the number of costly hospital readmissions, as reforms under the law have helped drive down the 30-day readmission rate by as much as 18% in 2013, according to data released this week by the Centers for Medicare & Medicaid Services (CMS). During the […]
Category: Medicaid
Although home health care represents one of the nation’s fastest-growing industries, a recent study suggests consolidation might lie ahead as agencies wrestle with maintaining profitability under increasing regulatory pressures. In the past five years, an aging U.S. population, the prevalence of chronic disease and a movement toward cost-efficient treatment options from private and public payers […]
Minnesota’s Department of Human Services recently announced it will receive $58 million in federal money that will help the state’s seniors and disabled individuals remain in community settings if they’d rather not move into a nursing home. The federal funding is targeted at providing home care services that could save the state money in the […]
Despite its poverty-level pay scale, home care aide is one of the fastest growing jobs in the U.S. right now, reports Bloomberg Businessweek. The nearly 1 million personal care aides counted by the Bureau of Labor Statistics in 2012 generally provide assistance with activities of daily living for the elderly and disabled, allowing them to […]
A Florida home health company has shuttered its doors, leaving more than 100 employees jobless due to paperwork mistakes associated with past Medicaid claims. A+ Home Aid, a home health agency with offices in Titusville and Altamonte, called its 150 workers Friday, November 8, to notify them the company would be shutting down and that […]
A trio of Virginia home care providers have been indicted for their roles in fraudulently obtaining $1.3 million of Medicaid payments, the Federal Bureau of Investigation announced Wednesday. W. Wayne Perry, Jr. and Angela Perry were each indicted by a federal grand jury on one count of health care fraud, 24 counts of false statements […]
Home and community-based services provider Addus HomeCare Corporation (NASDAQ:ADUS) reported a 43% increase in net income in the third quarter ended Sept. 30, 2013 driven by increased average census. Net income rose from nearly $1.8 million in 2012’s third quarter to nearly $2.6 million, while net income from continuing operations increased 25.7% to $2.8 million, or […]
A trio of Virginia home care providers have been indicted for their roles in fraudulently obtaining $1.3 million of Medicaid payments, the Federal Bureau of Investigation announced Wednesday. W. Wayne Perry, Jr. and Angela Perry were each indicted by a federal grand jury on one count of health care fraud, 24 counts of false statements […]
The state of New York has recovered more than $200 million from the federal government after identifying more than twice that amount in payment errors related to home care beneficiaries who are dually eligible for Medicare and Medicaid. The N.Y. Department of Health’s Fiscal Group received a $211 million payment representing the state’s share of […]
Support for new legislation on telemedicine will cut Medicare and Medicaid costs, the American Telemedicine Association said this week in response to a bill introduced by four members of Congress that would cover some tele health services under Medicare payment bundles for post-acute care. H.R 3306, The Telehealth Enhancement Act of 2013, introduced October 22 […]
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