The Sustainable Cardiopulmonary Rehabilitation Services in the Home Act (S.248) permanently codifies COVID-era telehealth flexibilities for Medicare-covered cardiac and pulmonary rehab in patient homes. This expands the addressable market for home health agencies and telehealth providers. Addus HomeCare ($ADUS) is the pure-play beneficiary; UnitedHealth ($UNH) gains through both its MA insurance and Optum home health arms. The bill is early-stage — referred to Senate Finance — requiring committee markup and passage before market impact materializes.
→ Codifies COVID-era telehealth flexibilities permanently, removing the regulatory sunset risk that has constrained planning and investment in home-based rehab service lines. This expands the addressable market for home health agencies to include Medicare beneficiaries who previously had to travel to a hospital outpatient department for these services.