Florida providers are in line for rate increase
By HME News Staff
Updated 10:12 AM CDT, Mon May 15, 2023
WASHINGTON – HME providers in Florida will receive a 7.5% increase to the Medicaid fee schedule, the first in 23 years, AAHomecare reports.
Additionally, the increase must be passed along from managed care organizations (MCOs), which manage 73% of the Medicaid population in the state, to providers.
"This rate bump will protect access to critical home care services and begin to relieve the financial stress on businesses in our industry,” said Crispin Teufel, CEO of Clearwater, Fla.-based home care provider Lincare Holdings. “Home medical equipment providers have been on the frontlines throughout the pandemic, offering ongoing support, remote monitoring, product selection, and education of life savings resources – all with reimbursement rates set decades ago.”
The reimbursement increase was passed as part of Florida's budget, following a four-year advocacy effort led by AAHomecare in partnership with the Florida Alliance of Home Care Services.
The rate increase goes into effect October 1.
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