Costlier Medicare is provided by for-profit home health agencies than nonprofit ones, reveals a nationwide study published Monday, in the August issue of the journal iHealth Affairs/i. Overall cost per patient was (Dollar) 1,215 higher at for-profits, with operating costs accounting for (Dollar) 752 of the difference and excess profits for (Dollar) 463. Yet the quality of care was actually worse at for-profit agencies, and more of their patients required repeat hospitalizations. Researchers ...Tuesday 5 August 2014
For-Profit Home Care Agencies Costlier but Poor Care: Health Affairs
Costlier Medicare is provided by for-profit home health agencies than nonprofit ones, reveals a nationwide study published Monday, in the August issue of the journal iHealth Affairs/i. Overall cost per patient was (Dollar) 1,215 higher at for-profits, with operating costs accounting for (Dollar) 752 of the difference and excess profits for (Dollar) 463. Yet the quality of care was actually worse at for-profit agencies, and more of their patients required repeat hospitalizations. Researchers ...
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