A Florida home health care agency has developed a new business model aimed at reducing hospital readmissions and cutting down on costs to Medicare, according to a Bradenton Herald report.
Infinity Homecare, based in Lakewood Ranch, Florida, is focused on educating older patients about what they can do for themselves, or empowering them through coaching and training to avoid rehospitalizations by remaining at home.
The model involves sending nurses and other professionals into clients’ homes to educate them on their own care after they experience major health episodes. This might include heart attacks, pneumonia or heart failure and setting achievable goals to overcome rehabilitation milestones while remaining at home.
“Infinity’s program taps into a good line of business as hospitals like Manatee Memorial try to avoid those readmissions. It also gets Infinity ahead of the curve in how it provides rehabilitation services,” writes the Bradenton Herald of the program.
Infinity currently is paid to work on 60-day cycles with patients, but that could change, the company’s vice president of clinical strategies Shannon Abbott told the publication.
As Medicare reduces payouts, the company is likely to base future payments on outcome goals and whether they have been achieved, she said.
Written by Elizabeth Ecker