The Future of Home Health: A New Approach to Success

OVERVIEW

Corresponding to an aging population and an increase in the incidence of chronic health conditions, more than 3.4 million people currently receive Medicare skilled home health care services. With home health care service utilization on the rise, Medicare home health care spending has nearly doubled from 9.7 billion in 2001 to 18.3 billion in 2012.1 Additionally, home health agency growth has soared while profit margins have declined. Currently, both payment reductions from the Patient Protection and Affordable Care Act of 20102 (ACA) and greater recent efforts to address fraud currently threaten the viability of the industry. With the future of home health care under regulatory scrutiny, a recent projection is that approximately 40% of providers are expected to be in debt within the next few years…
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