The home health industry has gained a front-and-center seat at the table within payer and health system boardrooms. Yet at times, providers still feel like their value isn’t being fully recognized by one of the nation’s most important payers – the Medicare program, managed by the U.S. Centers for Medicare & Medicaid Services (CMS). That […]
Bayada Home Health Care
For most home health provider leaders, the Centers for Medicare & Medicaid Services’ (CMS) proposed rule was disappointing, but not surprising. Between now and the fall, they’ll be straddling a line. One foot will be in advocacy, doing whatever they can to keep these cuts from becoming finalized, whether that’s through persuasion, congressional action or […]
The Preserving Access to Home Health Act of 2023 was introduced Thursday. Its largest objective is to prevent further cuts to home health payments in 2024 and beyond. The bill, if passed, would also strip the Centers for Medicare & Medicaid Services (CMS) of some of its payment-rate setting power and force the The Medicare […]
Rising costs, the return of Medicare sequestration, labor shortages and higher patient acuity levels have all contributed to health systems struggling financially over the past 18 months. Since the start of the year, at least half a dozen hospitals have either closed or announced plans to close. To stay afloat, many others have opted to […]
Following the implementation of the Patient-Driven Groupings Model (PDGM) – and during the height of the COVID-19 pandemic – home health providers struggled significantly with Low-Utilization Payment Adjustments (LUPAs). Since then, some providers have found ways to mitigate them, and others haven’t. Broadly, LUPAs occur in fee-for-service Medicare when a provider does not meet a […]
There’s a good argument to be made that one of the biggest successes in the history of Bayada Home Health Care came from a pre-dinner conversation in a parking lot 14 years ago. It was 2009, and Dave Totaro had just been hired by the company’s founder, Mark Baiada, as Bayada’s first chief marketing officer. […]
June is upon us. The year is nearly halfway gone, and since the turn of the calendar, there have been a lot of learnings on where the home health industry currently sits — and where it may be headed. But everything will be reset in the next month when the Centers for Medicare & Medicaid […]
A local restaurant may need three cooks, two cashiers and a manager to get by on a daily basis. It’s a simple equation to figure out. For home health providers, however, the amount of workers they need to provide care every day isn’t as simple. It has become tougher for a variety of reasons, but […]
The industry’s turnover rate was one of the biggest topics of conversation in home care in 2019. And that was for good reason. The median rate had skyrocketed all the way to 81.6%, according to data collected by the research and education company HCP. But since that point, it had significantly improved. From 2019 to […]
Staffing shortages are the No. 1 industry headwind that home-based care providers are facing. At the same time, ubiquity of this issue has created an environment where the most innovative providers have been able to rise to occasion, cultivating staffing strategies that have allowed them to lessen the impact of the persistent pain point. “There’s […]