Coping with reduced cost limits for home health agencies.
The Omnibus Budget Reconciliation Act of 1993, together with cost-limit reductions and wage-index changes published in the Federal Register, have resulted in a substantial reduction in Medicare cost limits, particularly as they apply to hospital-based home health agencies. This article examines specific changes in home health agency cost limits, reviews strategies to identify the bottom-line impact of the Medicare cost-limit reductions, and discusses methods that may be applied to minimize the negative impact of the reduced cost limits.
Baird, Kurtz & Dobson, Certified Public Accountants, Springfield, MO.
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D002017:Budgets / Q000331:legislation & jurisprudence; D014487:Centers for Medicare and Medicaid Services, U.S.; D003363:Cost Control / Q000331:legislation & jurisprudence; D018574:Home Care Agencies / Q000191:economics*; D018575:Home Care Services, Hospital-Based / Q000191:economics*; D007344:Insurance Claim Reporting / Q000331:legislation & jurisprudence; D006278:Medicare / Q000331:legislation & jurisprudence*; D012456:Salaries and Fringe Benefits / Q000706:statistics & numerical data; D014481:United States