Posted on Monday, April 16, 2018 12:30 PM
Home-based care is an enormous money saver for Medicare, and its supporters are trying to have the Independence at Home (IAH) program to become permanent.
“IAH is a demonstration project from the Center for Medicare & Medicaid Innovation (CMMI) that is testing the delivery of primary care services at home. Selected Medicare beneficiaries who have multiple chronic conditions may participate in the program, which has had a cap of 10,000 beneficiaries for the first few years.”
In first two years of the program, CMS’ analysis showed savings of $2,700 per beneficiary, per year. Advocates for the program are hoping that it will become permanent after the 5-year trial is over. If it does, it would be the first new Medicare benefit in nearly a decade. This is significant because this program saves money, versus costing billions like some other benefits do.
Click here for the full article.
Corridor is the nation’s preferred partner and trusted business advisor to home health and hospice providers, providing quality services and impactful results for 30 years. Focusing on key operational, regulatory and financial challenges, Corridor delivering industry-unique solutions and deep expertise in coding, clinical documentation review, compliance, billing and collections , consulting and provider staff education . At Corridor, we make the business of caring for people Better! For the most important industry updates and news that impacts home health and hospice, please make sure to sign up for our weekly newsletter to receive the latest up-to-date industry information direct to your inbox!
For additional information, please contact Corridor at 1-866-263-3795.