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New CMS Dementia Care Model Opens Doors Of Opportunity For Home-Based Care Providers
The Centers for Medicare & Medicaid Services (CMS) have launched the nationwide dementia care GUIDE Model, a voluntary initiative set to commence on July 1, 2024. This program aims to significantly improve the support provided to dementia patients and their caregivers across the United States. One of its key features is the exploration of innovative reimbursement mechanisms for various home-based care providers. CMS is actively encouraging participation and has initiated the collection of non-binding letters of interest, a process open until mid-September. Detailed application procedures and further information are expected to be released in the coming months, as conveyed by Tina Hansen Pickett, representing ATI Advisory. This initiative holds great promise in addressing the critical needs of those affected by dementia, promoting a comprehensive and compassionate approach to their care.
Medigy Insights
The Centers for Medicare & Medicaid Services (CMS) have unveiled the nationwide dementia care GUIDE Model, set to launch on July 1, 2024. This voluntary program aims to bolster assistance for both dementia patients and their caregivers. A noteworthy feature is its potential to revolutionize reimbursement strategies for a range of home-based care providers, promising innovative solutions. CMS is actively seeking participation, inviting providers to submit non-binding letters of interest until mid-September. Further specifics, such as application procedures, will be disclosed in the following months, as communicated by Tina Hansen Pickett from ATI Advisory. This initiative holds substantial promise in addressing the needs of the dementia community.
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