Addus HomeCare’s personal care segment is steadily growing, its labor situation is improving and its value-based care contracts are expanding, Home Health Care News reports.
All of those realities were temporarily overshadowed during the last week, however, as the CMS proposed a rule that would require at least 80% of Medicaid payments for personal care, homemaker and home health aide services be spent on compensation for direct care workers.
“This proposed rule has a stated goal of improving access to services for Medicaid beneficiaries, which we strongly support,” Addus CEO Dirk Allison said on the company’s first-quarter earnings call Tuesday. “But while we agree with the goal of broadening coverage, we question the specific approach proposed and the target threshold, as there are inherent challenges at setting a one-size-fits-all minimum percentage.” Read more.
