Small- and mid-sized home health providers are aware of the disadvantages they face compared to their larger peers. They’re also recognizing, however, that they can use the flexibilities they do have to their advantage. Take value-based care as an example. Large providers typically have more resources at their disposal to invest in the infrastructure needed […]
While many health systems offloaded ancillary service lines following the pandemic, Advocate Aurora Health and Atrium Health doubled down on home-based care. Those companies merging, and creating “Advocate Health,” has created one of the largest health systems in the U.S. But the merger has also formed an organization with a strong and wide commitment to […]
Everyone in home-based care wants to get further into value- and risk-based contracting. No one can agree on the best way to do so. Some providers believe that honing in on just one or two core service lines – like home health and hospice care, for example – is the best way to go. Others […]
In the midst of the first full performance year for the expanded Home Health Value-Based Purchasing (HHVBP) model, providers are figuring out where they are succeeding and where there is room for improvement. HHVBP continues to save hundreds of millions of dollars each year, according to the U.S. Centers for Medicare & Medicaid Services (CMS). […]
UnitedHealth Group (NYSE: UNH) is making value-based care the centerpiece of its long-term strategy, and home-based care is a key piece of that puzzle. “[Value-based care] delivers on the promise of high-quality clinical outcomes and experiences at lower cost than traditional models,” UnitedHealth Group CEO Andrew Witty said during the company’s third-quarter earnings call Friday. […]
The Centers for Medicare & Medicaid Services (CMS) wants to move health care providers toward value-based care, as do private payers. Home-based care providers have begun to adjust accordingly. However, participation in value-based arrangements should not be the be-all and end-all. “I would argue it’s relatively easier to get providers to sign up for value-based […]
Modivcare Inc. (Nasdaq: MODV) continues to see personal care and remote patient monitoring as key tenants to its strategy to unlock value-based care arrangements. “This is evidenced by new contracts,” Modivcare CEO L. Heath Sampson said during the company’s second-quarter earnings call Friday. “This makes us more enthusiastic about the long-term prospects, and we anticipate […]
Almost all home health providers want to get into value-based care. Many don’t know where to start. Performance-based benchmarks like patient satisfaction, timeliness of care and staff efficiency are all metrics they should begin to track diligently. That will come in handy when negotiating value-based care deals in the future. “Quality metrics are extremely important, […]
Reimagine Care is hoping to become a trailblazer in the at-home cancer care industry, and things are moving fast. Dan Nardi, the company’s new CEO, will be in charge of ensuring things stay on track amid the chaos and excitement. “I’m two weeks in and so personally, the biggest challenge for me is all about […]
Elevance Health Inc. (NYSE: ELV) plans to go big on post-acute care models and value-based care. Those were two main takeaways from the Indianapolis-based company’s second quarter earnings call Wednesday. Elevance CEO Gail Boudreaux noted that Carelon Services — the company’s provider services arm — delivered solid organic growth led by the expansion of post-acute […]
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