Growing Your Agency

We’re well into 2019, and it seems PDGM (Patient-Driven Groupings Model) is among the most discussed healthcare topics at the moment. From industry trade publications to speakers at national conferences, everyone is talking about how PDGM will affect home health agencies in 2020. The information can be insightful, but it can also be overwhelming. Here is a key-point summary that will help your home health agency prepare for 2020, both financially and operationally.

The moment PDGM (The Patient-Driven Groupings Model) takes effect in the year 2020, the Centers for Medicare & Medicaid Services (CMS) looks to see their new edict change the landscape of home health care operations, specifically with regard to double billing. With PDGM representing the largest wholesale revamp in many years, agencies and providers will need to dedicate significant attention to using this year to ensure proper preparation. With the number of changes in store, inevitably some agencies will contest specific aspects of PDGM’s new requirements.

 

Outpatient Therapy Services Billing

The Global Home Healthcare Market is Predicted to Grow to Over 300 Billion Within 4 Years

 

A recent report compiling data from the U.S and around the globe indicates that by the year 2022, the global market for home health care which is inclusive of home health, private duty, companion & personal care etc, will top $300 billion U.S dollars. The scope of the report spanned a comprehensive study of local, regional and global markets, allowing for influencing factors within the market.