Despite the competition that often exists between home health care agencies and skilled nursing facilities (SNFs), the industries have more similarities than differences. As such, they should be leaning on and learning from each other, experts say. “I know that home health is struggling in a lot of ways — there are a lot of […]
Category: Home Health Care
Keeping older adults out of the hospital and moving care into the home has been effective in cutting costs and improving overall health outcomes. One home health company has been able to lower its hospital readmission rates by utilizing remote patient monitoring software. The company is Paramus, New Jersey-based Valley Home Care, a home health […]
When it comes to interoperability, 60% of referral sources say they would switch to a home health or hospice provider that accepts electronic referrals over one that does not. Providers who cater to those wishes could see a business boom — as only 4% of home health and hospice organizations can currently accept electronic referrals […]
Amedisys Inc. (Nasdaq: AMED) has locked in an agreement with ClearCare Inc. that will expand its personal care services and could open the door for future Medicare Advantage (MA) opportunities. The deal could also be good news for home care providers hoping to work with the home health giant. As one of the largest home […]
Humana (NYSE: HUM) is leaning even further into the home and its focus on social determinants of health, according to CEO Bruce Broussard. He hinted that the Louisville-based insurer could be placing even more importance on home- and community-based care in the years to come. “[With home-based care,] you have this holistic view of the […]
In a new report released Monday, the U.S. Department of Health and Human Services Office of Inspector General (OIG) highlighted dozens of its unimplemented recommendations for reducing fraud, waste and abuse throughout the Medicare and Medicaid systems. Many of the recommendations were tied to home health, hospice and personal care services, in addition to how […]
With its recent transition to a nonprofit model, Bayada Home Health Care has been busy. Since the 2016 announcement, the company found a new CEO in David Baiada, gifted $20 million to employees and hit one million clients served, just to name a few highlights. Next up for the billion-dollar home-based care provider? Finding new […]
Home care is frequently touted as one of the most affordable care options for seniors. But the average cost of full-time home care is nearly equal to the median household income in the U.S., a new report suggests. Specifically, 44 hours of home care per week annually costs 91.1% of the median household’s bring-home pay. […]
In a scathing speech criticizing over-involvement of government in health care, Centers for Medicare & Medicaid Services (CMS) Administrator Seema Verma praised Medicare Advantage (MA) as a bright spot. Specifically, she pointed to the competitive nature of the program as a driver of its success. “Don’t get me wrong: There are a lot of successes […]
After federal health care policymakers fine-tuned the Patient-Driven Groupings Model (PDGM) last October with a 6.42% cut based on certain behavioral assumptions, some industry experts predicted there would be a modest uptick in home health bankruptcies in 2020. “The last time the industry went through this kind of major change was in the late 1990s […]
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