Home healthcare profits up
Home healthcare companies made an average 19.4% profit in 2010, a report released Thursday shows, prompting MedPAC to again ask Congress to lower reimbursement rates for these companies. The home healthcare industry is fighting a proposed law that would require them to pay employees minimum wage and overtime. Mark Miller, MedPAC's executive director, said the board expects the industry to see a 19.8% profit margin in 2013 from Medicare.
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