Posted Sunday, May 16, 2021
President Joe Biden signed the American Rescue Plan in March, he locked in an important payment bump for Medicaid home- and community-based services (HCBS).
An important provision was the $1.9 trillion legislative package raises the Federal Medical Assistance Percentages (FMAP) for certain Medicaid HCBS by 10% from April 1 of 2021 through March 31 of next year.
“Millions of individuals across the county — including people with disabilities and older Americans — rely on home-based care and the workforce that provides that critical care,” HHS Secretary Xavier Becerra said in a related announcement. “The Biden-Harris administration continues to support states and workers by making critically needed investments in home- and community-based services.”
Click here for the full article.
For over 30 years, Corridor has partnered with home-based care providers, delivering powerful solutions to support the unique challenges of caring for patients in the home. Our team of operating executives, clinicians, and nationally renowned industry experts have run provider organizations and resolved the same challenges you face.
Focusing on key operational, regulatory and financial challenges, Corridor delivers solutions and deep expertise in coding, clinical documentation, compliance, billing and education.
To receive the most important industry updates, insights and news impacting home health and hospice, please make sure to sign up for our weekly newsletter.