The US Department of Health and Human Services published the 2014 Home Health Perspective Payment Rule in the Federal Register on Monday, December 2, 2013.
The CY 2014 national standardized 60-day episode payment will be $2,869.27 as compared to an average payment per episode of $2,952.03 per episode on calendar year 2013. The new rate for agencies that do not submit quality data is reduced by 2% to $2,813.18.
The CY 2014 national per-visit rates will be:
Home Health Aide – $54.84
Medical Social Services – $194.12
Occupational Therapy – $133.30
Physical Therapy – $132.40
Skilled Nursing – $121.10
Speech-Language Pathology – $143.88
What impact will these new rates have on your home health agency?
What impact will they have on the industry?