In many ways, 2018 was a coming of age for the home care industry, as it steadily became recognized as a key part of the overall continuum of care due to its ability to keep older adults safely at home and out of the hospital. Among the biggest changes to home care in 2018: the […]
HealthSouth Corporation (NYSE: HLS) has further expanded its portfolio, acquiring the home health agency operations of CareSouth Health System, Inc. for $170 million in cash and merging them with those of Encompass Home Health, the national operator announced Monday. Along with the acquisition, the national home health, post-acute and senior living services provider CareSouth retains […]
A proposed new system for tying home health Medicare payments to quality measures is too burdensome on providers and should be streamlined, the Medicare Payment Advisory Commission (MedPAC) stated in a letter to policymakers. MedPAC advises Congress on Medicare policy and it is viewed as an influential panel of experts, although lawmakers are not obliged […]
More than 100 home health agencies are participating in the second phase of a Centers for Medicare & Medicaid Services (CMS) initiative aimed at bundling payments to streamline care from different providers, putting themselves at financial risk by doing so. The so-called Bundled Payments for Care Improvement initiative, an approach that groups payments for multiple […]
U.S. health spending grew more slowly last year that at any time in the last 53 years, according to new data from the Office of the Actuary (OACT) at the Centers for Medicare & Medicaid Services (CMS). Health spending grew at 3.6% and total national health expenditures in the United States reached $2.9 trillion, or $9,255 per person […]
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