Patients who receive in-home visits from nurses during the day are more likely to end up in the emergency room at night, a new Canadian study has found. The research undermines the long-standing belief that in-home care visits can help reduce hospitalizations, or at least reveals that such evidence is mixed. Patients with both ongoing […]
Category: Data
More in-home care patients are probably lighting up and utilizing cannabis, as the number of older Americans that believe medical marijuana is effective for pain relief, appetite loss and anxiety has risen. Four out of five respondents between the age of 50 and 80 said they support allowing medical marijuana if it’s recommended by a […]
The vast majority of seniors would rather plan for their own funeral than for the last few years of their life—and only a small minority have actually prepared financially for their long-term care, a new survey has revealed. Specifically, more than 75% of seniors feel greater comfort planning for their funeral than planning for their […]
The home health care industry has seen consistent reimbursement cuts over the last several years, forcing providers to adapt. There are several reasons regulators and lawmakers think home health can get by with less, but overcoming stigmas about the industry and thinking like an economist can help boost home health’s reputation. “It’s hard to have […]
Patients who receive home health care after a hospital discharge are saving the health care system some serious dough, on average, according to a recent study published in the American Journal of Medicine (AJM). With $40 billion spent on hospitalizations annually, the study furthers the value proposition of home health care as a major driver […]
Home health care was among the top 15 industries for return on equity (ROE) over the last 12 months, a financial statement analysis of privately held companies by financial information company Sageworks found, Forbes reported. ROE is calculated by dividing annualized net income by total equity, and strong net income, low equity or a combination of both can drive high […]
Salaries for home health care and hospice employees rose modestly from 2016 to 2017, according to the 2017-2018 Homecare Salary & Benefits report from Hospital & Healthcare Compensation Service (HCS). HCS provides salary and benefits studies and custom marketplace studies for the health care industry. From 2016 to 2017, all positions in home health care […]
The home health care industry is missing out on billions in revenue from patients who are recommended for care after a discharge from a hospital—but never receive it. The opportunity to capture these patients and provide home health care services represents about $2.5 billion, according to Excel Health, which provides health care analytics in the home health, […]
Hospice care providers are in store for some big changes in 2018, including increasing quality reporting requirements and more data revelations on Hospice Compare. With ongoing shifts across the health care continuum, hospice providers need to be up to date on their data reporting requirements—and understand how their actions today can influence the rule making of […]
Home health care therapists saw a slight bump in salary from 2016 to 2017, according to a recent report from Hospital & Healthcare Compensation Service (HCS), a national health care and salary and benefits research firm. The increase spelled “good news” for the sector, according to Rosanne Zabka, director of reports at HCS. For the Rehabilitation […]