In an effort to ease the cash flow challenges associated with the COVID-19 emergency, many home health providers took on advance and accelerated payment loans from the U.S. Centers for Medicare & Medicaid Services (CMS). Now, the time has come for the recoupment process to begin. But CMS has been quiet on the matter, creating […]
Some health systems will soon be able to begin performing elective procedures again, thanks to a new set of guidelines from the Centers for Medicare & Medicaid Services (CMS) released Sunday. A return of elective procedures could be a boost for home health providers, who have experienced a decrease in revenue during the COVID-19 public […]
Advanced payments from the U.S. Centers for Medicare & Medicaid Services (CMS) can help home health agencies navigate cash flow challenges associated with the COVID-19 virus. But providers will need to approach accelerated payments with caution, armed with accurate, objective assessments of their internal financial situations. During times of natural disasters, CMS normally offers expedited […]
The Patient-Driven Payment Model (PDPM) — another Medicare payment overhaul in the skilled nursing facility (SNF) arena — could serve as an indicator for what the coming months will look like under the Patient-Driven Groupings Model (PDGM). Naturally, home health owners and operators have been paying attention. PDPM launched on Oct. 1, which has given […]
A joint survey from Dallas-based Axxess — a home health technology company — and advisory firm BKD reiterated that the Patient-Driven Groupings Model (PDGM) and staffing are the dominant contemporary concerns among home health agencies. Released earlier this week, the 2020 Industry Trends Report collected responses from employees in many positions at both large and […]
Since the Centers for Medicare & Medicaid Services (CMS) announced its proposal to phase out Requests for Anticipated Payments (RAPs) last month, home health providers have voiced their concerns about what the change will mean for them. Industry-wide, the consensus isn’t good. Many providers worry the removal of RAPs, in addition to the other regulatory […]
When the Center for Medicare & Medicaid Services (CMS) developed the Patient-Driven Groupings Model (PDGM), part of the goal was to fix problems that exist with the currently used Prospective Payment System (PPS). One such problem, government watchdogs say, is agencies prioritizing quantity of care over quality because it often leads to more money. Thus, […]
Proposed policy changes related to how home health agencies bill for therapy shouldn’t cause the industry to cut staff or abruptly back away from those services, experts say. Under the Patient-Driven Groupings Model (PDGM) proposed by the Centers for Medicare & Medicaid Services (CMS) on July 2, home health providers would no longer be able […]
In an industry rife with funding cuts, it will be sink or swim for home health and hospice providers who want to continue operating under thinning margins and rising regulations. Those providers who can diversify their service offerings, however, can find the lifesaver they need to survive in the current Medicare home health environment marked […]