Home health industry leaders gathered today for a teleconference to discuss the alarming impacts of a rule that would bring Medicare payment cuts to tally nearly $100 billion in the coming years. The proposed rebasing rule from the Centers for Medicare & Medicaid Services (CMS) looks to cut Medicare reimbursement payments 3.5% annually from 2014 […]
Category: Medicare
SCAN Health Plan recently awarded the Alliance for Leadership and Education (ALE) a $2 million grant to facilitate aging in place for California’s most vulnerable seniors. The not-for-profit health plans’ grant will fund the delivery of community-based home health services for Californians who are dually eligible for Medicare and Medi-Cal (Medicaid) through the state’s Community-Based […]
The owner and operator of a Los Angeles durable medical equipment (DME) supply company was sentenced to serve 24 months in prison for conspiring to submit nearly $1 million in fraudulent claims to Medicare, according to the U.S. Department of Justice (DOJ). In April, Tigran Aklyan, 37, of Van Nuys, California, pleaded guilty to conspiracy […]
The National Association for Home Care and Hospice has expressed its views on a recent House Ways and Means Committee proposed legislation on Medicare post-acute care, including a 1.1% cut in inflation updates that will impact home health care payments. The association expressed concern over the impact, as it relates to home health care […]
As retirees weigh the costs associated with long term care, the insurance that covers that care is becoming more expensive. This shift comes as some industry mainstays have recently stopped writing new policies, with Genworth Financial among those providers reassessing their long term care insurance participation and pricing. The market is due for a shift, writes […]
There are several shortcomings in the Centers for Medicare & Medicaid Services’ (CMS) approach to recovering $125 million of Medicare payments to home health, hospice, and durable medical equipment providers for services rendered to ineligible beneficiaries, according to a review by law firm SheppardMullin. CMS is trying to recoup the alleged overpayments to providers for beneficiaries belatedly […]
The Partnership for Quality Home Healthcare sent a letter last week to the House Ways and Means Committee, relaying concerns for the negative impacts of re-imposing a home health copayment. In a seven-page letter to the Committee Chairman Dave Camp (R-MI) and Ranking Member Sander Levin (D-MI), the Partnership outlined a series of factors that […]
The owner of a health care business is facing a million-dollar civil settlement, prison time and 20-year Medicare and Medicaid exclusion after being convicted of felony charges relating to illegal kickbacks paid for patient referrals. Babubhai Rathod is the ninth person to be convicted of charges in the case, which is the result of a […]
Home care provider Almost Family (NASDAQ: AFAM) saw earnings drop in the quarter ended June 30 to $2.5 million, down 49% from $4.5 million recorded in the same period last year. Despite the decrease in earnings, the company reported growth among its Visiting Nurse segment, marking 2% admissions growth and Medicare admission growth of 3%. […]
Among healthcare employers, home health boasted the greatest number of new jobs created in July, according to the Bureau of Labor Statistics. Counting 162,000 jobs added in total across the U.S., the home healthcare sector added 3,900 of those jobs. This compares with 300 new jobs created in the nursing and residential care facilities care […]
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