Congress Looks to Home Health Industry for Spending Cuts

Stephen Tweed | January 18, 2013 | Newsroom
In January, after months of Congress considering ways to reduce federal spending in light of the so-called "fiscal cliff," the home health care industry was spared. Copays, additional cuts and accelerated rebasing were on the docket, but Congress opted to cut hospitals, imaging and renal care providers instead. But, we're not out of the woods yet.…
In January, after months of Congress considering ways to reduce federal spending in light of the so-called “fiscal cliff,” the home health care industry was spared. Copays, additional cuts and accelerated rebasing were on the docket, but Congress opted to cut hospitals, imaging and renal care providers instead. 
But, we’re not out of the woods yet. To avoid going over the fiscal cliff, Congress extended the new year deadline for sequestration, which would reduce Medicare provider payments by 2%, to the end of February. Now that the newly-elected Congress has been sworn-in and is ready to get to work, home health is back on their radar, and the likelihood is very low that our industry will dodge copays, more cuts and accelerated rebasing for a second time. 
Copay proposals range from $100 to $600, and accelerated rebasing could effectively cut provider reimbursement by anywhere from 3.5% to 10% per year for two years (2014 and 2015, instead of the four-year phase in from 2014 to 2017, as required by health care reform). Simply put, after $40 billion in cuts from the Patient Protection and Affordable Care Act, our industry cannot sustain a copay or any additional cuts!
Industry leaders in Washington believe that home care was spared last month because of strong advocacy efforts by industry professionals (like you!) who weighed in across the nation. Together we sent thousands of emails to congressional delegations letting them know the value of our industry, and how that value will only increase with 10,000 Baby Boomers retiring every day. With Congress set to begin these discussions in the coming weeks, it’s time to take action again!
Contact your state home care association to find out the most effective way to reach out to your Members of Congress and Senators
Stephen Tweed
Stephen Tweed is among the top Thought Leaders in Home Care today. As an industry researcher, author, and executive coach, he has worked with owners and CEOs of companies in the top 5% of Home Care and is a frequent speaker at Home Care association conferences and corporate meetings across the US and Canada.

Related Posts

Future of Home Care 2025

November 5, 2024
What are the factors that are affecting the future of Home Care?Many of you were helpful last year as we launched the Future of Home Care 2024 Industry Survey. Well, we're back again with an updated survey. Things are changing rapidly in Home Care, and last year's report was so well received, that we decided…

Extraordinary Transformation: A blueprint for leaders who want to Transform their Organization

June 5, 2024
By Stephen TweedAs a leader in Home Care, are you working on transforming your organization?Are you looking for strategies and insights to grow your business and get ready for the future?I've just finished reading an amazing book by my friend and professional speaking colleague, Dr. Nido Qubein. "Extraordinary Transformation: An Entrepreneurial Blueprint for Leaders Who…

Stephen Tweed’s Podcast and Webinar Appearances

May 30, 2024
As a significant Thought Leader in the Home Care industry, Stephen Tweed is frequently invited to be a guest on industry podcasts and webinars. Here are links to some of Stephen's recent appearances.July 2024 - The Caregivers Toolbox with Ryan McEniff - What Consumers, Caregivers, and Referral Partners want from Home Care. Ryan McEniff is…