Archive for 2014

For-profit home care agencies cost Medicare billions extra, yet provide worse care: Health Affairs study

August 14, 2014 | Social Sciences

For-profit home health agencies are far costlier for Medicare than nonprofit agencies, according to a nationwide study published today [Monday, Aug. 4] in the August issue of the journal Health Affairs. Overall cost per patient was $1,215 higher at for-profits, with operating costs accounting for $752 of the difference and excess profits for $463. Yet the quality of care was actually worse at for-profit agencies, and more of their patients required repeat hospitalizations.