White House Uses Home Care as Sticking Point in Support of Medicaid Spending

President Joe Biden and his administration are using the importance of personal home care as a way to fight back against some Congress members’ desire to cut Medicaid funding.

In a letter that opposed certain aspects of the “Congressional Republican agenda,” the White House criticized Republicans’ previous plans to repeal the Affordable Care Act, cut Medicaid spending and — in general — keep health care on the chopping block for budget cuts, reports Home Health Care News.

“Virtually every Republican budget or fiscal plan over the last decade has included repeal of the Affordable Care Act (ACA) and deep cuts to Medicaid,” the White House wrote in its letter. “That would mean: higher health care costs for tens of millions of Americans, ending critical protections for people with pre-existing conditions, millions of people losing health coverage and threats to health care for seniors and people with disabilities — including growing home care waiting lists and worse nursing home care.” Read more.

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A Changing Landscape for M&A in Healthcare

After a slow start to 2022, revenue from healthcare M&A activity in the second quarter of 2022 hit a record high of $19.2 billion. KPMG reports that technology plays a major role in these deals and states that many are “focused on acquiring digital capabilities, such as digital care and cloud-based platforms.”