Here’s what we know about the Patient-Driven Groupings Model (PDGM)
Updated: Dec 12, 2019
HI Guys, Guy I guess this is not so good news for many, but it's been a big topic, especially for some of our client's, below see a post from Connor Kunz from Homecare Pulse regarding the New (PDGM) Patient Driven Grouping Models.
his Halloween, home health providers are checking under their bed for a new monster: the Patient-Driven Groupings Model.
If you’re a home health provider, you’re likely all-too-familiar with the looming changes known as the Patient-Driven-Groupings Model (PDGM). This new system, which takes effect January 1st, represents a seismic shift in the billing format and reimbursement rates of home health agencies, and some experts have estimated that as many as 30% of home health agencies will go out of business shortly after PDGM takes effect due to the inability to adapt to the changes in cash flow.
Our purpose in this article isn’t to get into the weeds of how to tackle PDGM. There’s an abundance of resources out there to help them understand this change better and react to it, and if you’re a home health provider looking for information and solutions, we’ve attached a list of good resources at the end.
Read the rest here https://www.homecarepulse.com/articles/home-health-agencies-pdgm/
Please be sure to leave your 2 cents on this this topic and how is it going to effect you.