CMS Announces Two Reports with Newest Medicaid LTSS Expenditures Data
Posted on Wednesday, July 27, 2016 6:03 PM
CMS posted two reports with Medicaid long-term services and support (LTSS) expenditures data.
The first report concentrates on the most recent data available (Fiscal Year 2014). CMS stated that the report focuses on “recent trends such as 1) an increase in LTSS provided in managed care programs and 2) increased used of newer Medicaid LTSS options authorized in the Deficit Reduction Act and the Affordable Care Act.”
The second report, called Improving the Balance, provides a “historical perspective,” with data from FY 1981 through FY 2014. “This report documents the impressive transformation of Medicaid LTSS from primarily institutional services to the present home and community-based services (HCBS) that represent 53 percent of LTSS spending,” CMS said.
The following reports are available for additional information:
• Long Term Services and Supports Annual Expenditures
• Improving the Balance: The Evolution of Long Term Services and Supports (LTSS), FY 1981-2014
Both reports are available here.
For the full article, click here.
Corridor is a trusted home health and hospice consulting partner to agencies both large and small. We provide the most up-to-date comprehensive homecare industry educational resources and consulting available.
For the most important industry updates and news that impacts home health and hospice, please make sure to sign up for our weekly newsletter to receive the latest up-to-date industry information direct to your inbox!
For additional information, please contact Corridor at 1-866-263-3795Go Back