The American Association for Homecare (AAHC) is making a formal request to the Department of Health and Human Services Office of Inspector General (OIG) to investigate Medicare’s competitive bidding program. The request stems from the unwillingness of the Center for Medicare & Medicaid Services (CMS) to share information about the bidding system, such as how […]
Centers for Medicare & Medicaid Services
Gentiva Health Services, Inc. (NASDAQ: GTIV) saw its net income attributable to shareholders nearly double to $8.6 million, or $0.28 per diluted share, in the fourth quarter ended Dec. 31, 2012 compared to the year before. Fourth quarter net revenues of $425 million were down 5% compared to the same period in 2011, which Gentiva […]
New senior care leaders were appointed today to the bipartisan Commission on Long-Term Care. The three new committee members together bring a wealth of experience in health care and senior care specifically. Appointed by Democratic Leader Nancy Pelosi, the new members include SCAN Foundation President Dr. Bruce Chernof, the Center for Medicare Advocacy’s Executive Director […]
New durable medical equipment Medicare pricing announced last week by the Centers for Medicare and Medicaid Services left the home health industry “shocked” and “stunned,” according to reports and statements from those who provide home care services. The Round 2 pricing under the current bidding system for DME equipment is unsustainable, industry advocates said, calling […]
The Fiscal Cliff, while it has the potential to impact all Americans, could actually stand to shift things in the home care arena by driving people who currently receive care at home into assisted living and skilled nursing communities instead. A deficit-reducing budget deal could boost senior housing and care community occupancy in upcoming […]
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