Posted December 14, 2022
Demand for home-based care continues to grow, and providers are keeping their eye on the shrinking margin between pay and reimbursement rates. Providers are hopeful that billing rates will reach a plateau in 2023.
“I am going to be pretty fascinated by what happens with the bill and pay rate dynamics within the market over the next year,” Care Advantage CEO Tim Hanold told Home Health Care News. “With private-pay rates, it seems like recently you can’t find the top of the market, which has always felt disturbing to me, because it’s not cheap to pay for care in the home.”
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