The Centers for Medicare & Medicaid Services (CMS) has issued a
final rule to update the Home Health Prospective Payment System (HH PPS)
rates for Calendar Year (CY) 2013. Payments to home health agencies are
estimated to be virtually unchanged next year, decreasing by
approximately $10 million in CY 2013 (about 0.01%). This reflects the
net effect of a 1.3 percent home health payment update, an updated wage
index, an update to the fixed-dollar loss (FDL) ratio, and a case-mix
coding adjustment intended to offset coding changes unrelated to changes
in patient health needs.
Here's a link to the CMS Fact Sheet.
At Leading Home Care, we will continue to gather facts and data about how these changes are affecting home health agencies across the country. During our visit to the 2012 National Association for Home Care Meeting in Orlando, it was pretty evident how much the 2012 cuts have negatively affected home health agencies across the country.
I might need to hire some home care in Phoenix. My father is getting on in years, but doesn't want to move to a home.
ReplyDelete