Reimbursement cuts and additional regulatory changes, such as HHVBP, EVV, etc., will continue to create different challenges for Home Health Care Agencies. Reimbursement cuts and regulatory changes are often concentrated in one line of service. CMS has proposed a cumulative $18 Billion cut to Home Health reimbursements over the next decade. While Home Health Care Agencies are finally coming out of the woes posed by COVID-19, potential reimbursement cuts, along with the HHVBP model, have created additional challenges for Home Health agencies. These cuts will have a much higher impact on the agencies providing only Medicare Certified Home Health Services.
This blog highlights the payer diversification strategies to mitigate the impact of reimbursement cuts by diversifying the payer mix & services.