There is an estimated $265 billion of Medicare spending that could move from being spent in facilities to being spent in home health care by 2025 and behavioral health will see an impact according to a new report, per Behavioral Health Business.
New York City-based consulting and services giant McKinsey & Co. released a report detailing that between 3x and 4x more Medicare fee-for-service spending will be for care provided in a patient’s home. That equates to between $180 billion and $265 billion of Medicare fee-for-service.
At most, that potentially $265 billion shift would include $5 billion for behavioral health moving out of facilities into the home, the smallest of the specialties considered. The largest segment of potentially shifted spending is acute care in the home. Read more.
