“CMS proposes payment decrease of $810M for home health in 2023,” by Liza Berger and Diane Eastabrook, McKnight’s Home Care
Quote:
“The Centers for Medicare & Medicaid Services is proposing a 2.9% home health payment update ($560 million) for calendar year 2023. This update is expected to lead to a 4.2% decrease ($810 million) in Medicare payments, the agency said Friday. … This is a developing story. Please check back for updates.”
LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:
Wait a second. Isn’t home and community-based care supposed to save money? Why do they have to cut reimbursements? Actually, this is SOP. Standard operating procedure for centrally planned public assistance programs is to promote a new way of doing things, fund it generously, pull in the private sector with generous reimbursements and then slash payments leaving trapped operators holding the bag. Free market competition does a much better job of providing services people actually want and supplying the price data operators need to choose the type and amount of those services to provide.
Subscribe to GoldenCare News |