Drastic changes to the current home health model required to meet the demands of the new Medicare reimbursement program and fulfill the needs of the growing 65+ demographic.
January 2020 marks the start of the new Patient-Driven Groupings Model for reimbursement. Alongside a shortage of workers and a growing demographic that will increase by 36 million people over the next ten years, home health companies face new challenges with the redesign of value-based reimbursement. Investing in the workforce, streamlining all administrative functions, and implementing evidence-based clinical care are some of the changes home health companies will need to make to succeed.