It is projected that in two years 50% of Medicare beneficiaries will be enrolled in a Medicare Advantage (MA) plan, and by 2040 that number is expected to rise to 70%.
As MA grows its market share among seniors, home-based care providers are battling two business decisions: accept the MA contract and what they feel are unfair reimbursement rates, or reject the rates and lose out on MA contracts and the revenue that comes with it.
In this episode, we unpack the biggest challenges and opportunities for home health agencies as they grapple with whether to engage with MA contracts and take on risk.
If you want to hear more episodes like this one, look for the Netsmart CareThreads podcast on Apple Podcasts, Google Podcasts, Spotify or Stitcher.
August 28, 2023
What strategies do a human services organization need to improve both top-line (growth) and bottom-line (profit) sustainability? Learn how to leverage technology for business health, including less overhead, happier staff, more service lines and stronger consumer engagement.
MoreApril 11, 2023
How did a CFO with a non-clinical background revolutionize care for a 140-year-old IDD nonprofit? Learn how a financial turnaround led to better care, staff retention and shared vision.
MoreFebruary 22, 2023
The president of the National Association for Home Care & Hospice (NAHC) says the performance of these agencies during the pandemic raised their awareness among the public and people in other parts of health care services. As we move through 2023, and further away from the pandemic, home care agencies and hospices are looking to increase their value in the overall home care landscape.
More