News of Proposed 1.5% Cut Causes Home Health Stocks to Fall, How to Prepare Now

Question: I read that news of CMS’ proposed 1.5% pay cut for 2014 has resulted in a decline for home health stocks. What should I be doing to ensure my agency survives the cuts?

Answer: You are smart to be thinking about this. As reported in a recent article published by The Motley Fool, shares of publicly traded home health systems dropped as much as 28% following announcement of CMS’ announcement that home health care reimbursements are expected to be cut by 1.5% in 2014. And, that is just the start. The proposal also calls for up to a 2.5% annual cut in reimbursements from 2014 to 2017 for the national standardized 60-day episode rate.

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Fazzi Assoc. Earns Accreditation From American Nurses Credentialing Center

Fazzi Associates is pleased to announce it achieved accreditation by American Nurses Credentialing Center (ANCC).

ANCC Accreditation distinguishes organizations that demonstrate quality and excellence in the curriculum design and delivery of continuing nursing education (CNE). Accredited organizations, like Fazzi Associates, meet comprehensive, evidenced-based criteria to ensure CNE activities are effectively planned, implemented and evaluated. Nurses throughout the country can now gain access to the highest caliber of education to meet certification or licensure requirements, which in turn contributes to improved health care outcomes.

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