House Passes Legislation Extending Home-Based Demonstration Model
Posted on Friday, July 17, 2015 9:11 AMEarlier this week, the U.S. House of Representatives passed legislation that extended a home-based demonstration model for two additional years. The Independence at Home Medical Practice Demonstration Improvement Act (S.971) extends the Independence at Home program which focuses on certain high-risk patients with chronic illnesses. The model uses home-based primary care teams led by physicians and nurse practitioners to treat Medicare beneficiaries with chronic conditions. The demonstration "tests a service delivery and payment model that provides incentives to teams based on their performances improving health outcomes and reducing expenditures." The reimbursement method shares Medicare savings between Medicare and participating providers. So far, the project have proven successful in showing benefits of caring for people in their homes. Last month, CMS announced that the model had resulted in over $25 million in Medicare savings during its first performance year, fewer hospital readmissions, and higher quality care. Click here to read more.
Corridor is the nation’s preferred partner and trusted business advisor to home health and hospice providers, providing quality services and impactful results for 30 years. Focusing on key operational, regulatory and financial challenges, Corridor delivering industry-unique solutions and deep expertise in coding, clinical documentation review, compliance, billing and collections , consulting and provider staff education . At Corridor, we make the business of caring for people Better! 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 1-866-263-3795.Go Back