As home-based care providers face mounting margin pressure and seek to boost operational efficiency, nearly half plan to increase their investment in artificial intelligence (AI) over the next 12 to 18 months. Plans to ramp up AI investment come despite several concerns, according to a report from home care software platform AlayaCare. Data privacy and […]
Category: Technology
Imagine Pediatrics, a value-based hybrid pediatric care provider, announced Wednesday that it had closed a $67 million Series B fundraising round. Existing investors Oak HC/FT, Optum Ventures and Rubicon Founders participated in the round, along with new investment from the Autism Impact Fund (AIF) and others. The company will use the cash infusion to accelerate […]
Artificial intelligence (AI) shows promise to improve patient outcomes, simplify operations and enhance patient outcomes while reducing costs, but only a fraction of home health care providers have adopted AI technology. Those that have adopted AI technology have found that its promise extends past streamlining operations – it has become a vital rung on the […]
HHCN’s FUTURE Conference, held in Dallas from Sept. 15-17, is your opportunity to learn more about innovation in the home-based care industry, including topics discussed in this article. To learn more and reserve your ticket, click here. The home-based care industry is undergoing a profound transformation in 2025 as providers grapple with persistent workforce shortages […]
Most patients with complex medical needs, especially those who depend on life-sustaining equipment, are cared for at home by home-based care providers. However, providing care for these patients presents unique challenges that require specialized skills and better communication. To effectively care for medically intensive patients, home-based care operators must integrate emerging technologies, including wearables and […]
Problems with a home health provider’s electronic health record (EHR) can negatively impact both patients and financial outcomes – but these problems do not stop after selecting a new EHR provider. Implementing and maintaining an EHR can require “monumental effort,” necessitating investment and collaboration across a home health agency’s business. The risks of operating with […]
As home-based care providers increasingly adopt remote patient monitoring (RPM), watchdogs are heightening scrutiny of potential fraud in billing for these services. The Department of Health and Human Services Office of Inspector General (OIG) recently conducted a review into RPM billing and found that Medicare paid out over $500 million for RPM services in 2024. […]
Six months ago, BrightStar Care was acquired by an affiliate of the private equity firm Peak Rock Capital. Since then, both BrightStar and Peak Rock have had to work to define their relationship and new systems, a process that is not without its challenges. BrightStar has been able to invest in new technology – but […]
Sentara Home Care Services lost $2 million in one year because of unbilled services. The company’s problem: an inadequate electronic health record (EHR). It was not just finances on the line. Patient care was also compromised because of issues with its scheduling platform, according to Sherry Kesler, director of home health at Sentara Health. The […]
When Best Buy (NYSE: BBY) purchased Current Health in 2021, it signaled a significant expansion of retail presence in the home-based care space. Fast forward, four years later, and the business is back under the helm of its co-founder and former CEO, Christopher McGhee. Current Health’s platform includes remote patient monitoring, telehealth, a full support […]
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