Thanks for the update!

On Mon, Oct 31, 2022 at 4:53 PM Bekki Drewlo <BekkiDrewlo@accentcare.com> wrote:
USE CAUTION - EXTERNAL EMAIL
Thank you!

Live your joy today,

Bekki

 

Bekki Drewlo RN, BSN, MPA | Regional Director of Operations 

Cell: 651-210-5419 | Email: bekkidrewlo@accentcare.com


From: mhcabod@list.mnhomecare.org <mhcabod@list.mnhomecare.org> on behalf of Andrea Jung <AJung@triniticaring.org>
Sent: Monday, October 31, 2022 4:49:32 PM
To: mhcabod@list.mnhomecare.org <mhcabod@list.mnhomecare.org>
Subject: Re: Final Rule
 
Thanks so much for the prompt update! I really appreciate it. Sent from my iPhone On Oct 31, 2022, at 4: 46 PM, Kathy Messerli <kmesserli@ mnhomecare. org> wrote:  The Final Rule was published within the last hour – late in the day of Halloween,
Thanks so much for the prompt update! I really appreciate it. 


Sent from my iPhone

On Oct 31, 2022, at 4:46 PM, Kathy Messerli <kmesserli@mnhomecare.org> wrote:



The Final Rule was published within the last hour – late in the day of Halloween, as CMS is known for! Stay tuned – MHCA will send a brief overview tomorrow. Here’s a brief overview:

 

CY2023 payment update 0.7 percent (includes a 4.0% Marketbasket update) (Proposed rule MB was 3.3%)

Permanent adjustment is finalized at 7.85% (worse than proposed) but for CY2023, Permanent adjustment is 3.925%.

 

Bottom Line:  We got some relief for calendar year CY2023 only (but they increased the overall Perm adjustment from 7.69 to 7.85%) and the temporary adjustments (clawback) still loom. It is what we expected – phasing in the first year of the permanent cut. CMS has NOT changed their methodology at all – very problematic for industry.  This rule sets in motion massive cuts that will have long term negative consequences for HH.

 

It’s truly a “trick or treat” Final Rule!

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Kind Regards,

 

Kathy Messerli

Executive Director

Minnesota Home Care Association

 

1265 Grey Fox Road, Suite 2 | Arden Hills, MN 55112-6929

Direct: 651.635.0038 | Main: 651.635.0607

www.mnhomecare.org | kmesserli@mnhomecare.org

 

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