Proposed Medicare Payment Updates
Posted on Thursday, June 22, 2017 8:13 PM
MedPac recently came out with recommendations that would impact reimbursement methodology for the following post-acute settings: skilled nursing facilities, home health agencies, inpatient rehabilitation facilities and long-term care hospitals. They are recommending the establishment of a new payment system for these post-acute providers that would reimburse them based upon patient needs versus delivery of care setting. They are recommending that CMS implement this with an effective date in 2021 with a three year transition. As predicted, MedPac is suggesting a 5% decrease in reimbursement for the cost of care.
Click here for more information.
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