CMS Proposes 2.2% Decrease to Home Health Provider Medicare Payments in 2024

Posted July 5, 2023

CMS published its FY 2024 home health proposed payment rule Friday. For next year, CMS is proposing to decrease aggregate home health payments by 2.2%, or an estimated $375 million less compared to 2023 levels. The draft is expected to be officially published in the Federal Register on July 10.

While expected, the news is a disappointing development for home health providers.

“The $375 million decrease in estimated payments for CY 2024 reflects the effects of the CY 2024 proposed home health payment update percentage of 2.7% ($460 million increase), an estimated 5.1% decrease that reflects the effects of the permanent behavioral assumption adjustment (-$870 million) and an estimated 0.2% increase that reflects the effects of an updated FDL ($35 million increase),” CMS wrote in the draft.

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