Bloomberg Law
Free Newsletter Sign Up
Bloomberg Law
Welcome
Go
Free Newsletter Sign Up

Home Health Agencies to Lose $810 Million in Medicare Payments (1)

June 17, 2022, 8:30 PMUpdated: June 17, 2022, 8:50 PM

Home health agencies would lose $810 million in Medicare payments for fiscal year 2023 under a proposal the Biden administration released Friday.

The decrease in the proposed payment rule (RIN 0938-AU77) would cut Medicare payments for these agencies by 4.2% next year.

The payment update would apply to agencies that support patients who are homebound and receive skilled nursing care or therapy.

Home health care payments “are substantially in excess of costs,” according to the Medicare Payment Advisory Commission’s March report to Congress. About 3 million Medicare beneficiaries received home health care in 2020, and the Medicare program ...