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Home Health & Hospice Week

Regulations:

New F2F, Therapy Requirements Drain HHAs’ Profits

Published on Tue Jul 12, 2011

LHC, Gentiva report earnings decreases for their latest quarters. The hits to earnings that home health agencies are taking due to new regulatory requirements may be just the beginning as budget negotiations get underway. As each party in Congress identifies its representatives for the committee that will propose budget cuts, speculation abounds on exactly what cuts will emerge from the committee formed by the debt ceiling deal. "There's a sense with all the deficit-reduction issues that have been spawned by the debt-ceiling drama that if there are areas that are going to get cut that are really easy targets, then home nursing is one of them," said Arthur Henderson, a Nashville, Tennessee-based analyst at Jefferies & Co., according to the San Francisco Chronicle. Any cuts will be hard for HHAs to handle on top of the financial pressures imposed under the face-to-face and therapy reassessment requirements that hit in the [...]
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