Why Accurate Cost Reporting Could Be Key for Higher Rates in Home Health Care

Costreportcpa01 Oct, 2024Health

Accurate cost reporting forms an important yet often-underemphasized link in the ability of home healthcare companies to get higher reimbursement rates, given that such sensitivity is critical within this industry where delivery of quality care and operational efficiency are paramount. With increased value-based care and financial sustainability, this understanding and reporting of costs will ensure compliance and lead to better financial outcomes.