Final answer:
A home health care agency's payer mix is the ratio of various insurers and third party payers, such as government programs and commercial insurers.
Step-by-step explanation:
True. A home health care agency's payer mix refers to the ratio of various insurance companies and third party payers that the agency works with. This includes government programs such as Medicare and Medicaid, as well as commercial insurers. The payer mix can vary for each agency and is important for financial planning and reimbursement.