Home-based care providers avoiding the shift to value-based care are running out of time and excuses. The Centers for Medicare & Medicaid Services (CMS) wants 100% of traditional Medicare beneficiaries and the “vast majority of Medicaid beneficiaries” in accountable care relationships by 2030. Home health providers are already under the Home Health Value-Based Purchasing (HHVBP) […]
Around 2019, Medicare Advantage (MA) was all the rave among home care providers. That’s because, in 2018 and 2019, two pathways opened for MA plans to provide more benefits to beneficiaries: the primarily health-related benefit pathway and the Special Supplemental Benefits for the Chronically Ill (SSBCI) pathway. Included in those were plenty of areas of […]
BrightSpring Health Services (Nasdaq: BTSG) – the newest home-based care representative on the public market – is trying to solve the same issues most other agencies currently are. That includes, among many others, employee burnout. Despite massive scale and resources, BrightSpring is still trying to figure out how it can keep its best workers from […]
Coming out of COVID-19, multiple home care franchise systems are really beginning to rev their growth engines again. That will likely be a theme in the broader home care industry this year. One, in particular, is FirstLight Home Care. Kristen Duell, the VP of experience and innovation at FirstLight, said the company is primed for […]
Home-based care providers have faced many headwinds over the past few years. They’ll continue to do so in 2024. But uncertainty has also plagued providers, and there may be less of that this year. Providers know the threat of fee-for-service Medicare cuts. They know Medicare Advantage (MA) penetration is an unstoppable force. They know staffing […]
When there are as many problems to hurdle in a space such as home health care, leaders have to prioritize. Interestingly enough, not many companies have the same top priorities, however. The priorities are a good reflection of what home health leaders believe will lead to solutions. Their priorities are generally not what you would […]
Health systems, even after the COVID-19 pandemic, remain overwhelmed. Their discharge partners – such as home health providers – are theoretically supposed to help mitigate the stress they face. That’s a tall task, however, as home health providers are also overwhelmed. Providers are rejecting referrals at a higher rate than ever. In an ideal world, […]
Unlike in other health care sectors, front-line home health employees have always been a part of the remote workforce. It’s an aspect of the job that many of them enjoy, but home health providers have always tried to make them feel like they were connected to the broader culture of the organization. That’s generally what […]
For home-based care providers, investing in technology is complicated, cumbersome and necessary. One of the most difficult issues for leaders is sifting through all of the solutions out there and choosing the ones that fit their businesses. That’s why, before considering what technology to invest in, providers should map out their overarching strategies. “First, let’s […]
In terms of home-based care providers’ relationship with payers, Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) CEO Jeff Shaner believes that the next few years will be “transformative.” Providers will have to be intentional in their agreements to reach the future success they desire, Shaner believes. He said so on Tuesday during a panel discussion at […]
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