Senior Housing Will Be Too Pricey for 54% of Mid-Income Older Adults by 2029

By 2029, nearly 8 million middle-income older Americans won’t be able to afford senior housing at today’s average market rates, new research shows. While the statistics have negative implications for the senior housing industry, they create opportunities for home-based care providers, whose services are often the least expensive option for seniors. The findings come from […]

Why Upskilling Caregivers Can Improve Patient Care, Retention

As the demand for home-based care services continues to soar, so does the industry’s shortage of workers, with as many as 7.8 million caregiving positions projected to sit unfilled by 2026. The multimillion-dollar question for agencies remains how to survive the staffing crisis, which industry leaders have identified as the No. 1 challenge within home-based […]

Home Health Spending Rate Projected to Surpass All Other Care Categories

Roughly $108.8 billion is projected to be spent on home health care in the United States in 2019, according to a newly released analysis from the Centers for Medicare & Medicaid Services (CMS) Office of the Actuary. U.S. expenditures on home health care are projected to hit $186.8 billion by 2027. An aging population, a […]

Telemonitoring May Cut Costs, Not Hospital Admits, for Heart Patients

Telemonitoring has long been touted as a way to reduce hospitalizations. But when paired with home health care for heart failure patients, that may not always be the case. Still, there are reasons — from both a cost and outcomes perspective — for home health providers to consider implementing telemonitoring for this patient group. That’s […]

Palliative Care Has Grown Without Being a Cash Cow for Providers

Interest in palliative care programs has boomed over the last 15 years, but the adoption of this type of care has taken place largely in hospitals, according to a recent report in Health Affairs. But with palliative care now much more common, further growth could accelerate in home- and community-based settings. Palliative care—which focuses on providing […]

Home Care Could Help Target Preventable Health Care Use

Partnerships with providers of social services could be an avenue for reducing preventable health care use in older adults, and in-home care providers can play a role. With social determinants of health and population health becoming more prominent in health care, cross-sectoral partnerships with Area Agencies on Aging (AAA) could give home care and home health agencies […]

Care Coordination Among ACOs Could Actually Increase Admissions

Accountable care organizations (ACOs) are designed to save money by fostering cooperation: By working together, providers across the health care continuum can hopefully save Medicare money and boost quality. But the largest share of the savings may simply come from shifting patients out of skilled nursing and home health settings, a new study suggests—and not […]

Millennials Are Key to Solving Looming Nursing Shortage

Millennials are breathing new life into the nursing industry even as baby boomers are retiring en masse. But home health care providers shouldn’t feel total relief over the influx of younger nurses, as the demand continues to tick upward. An average millennial is now 186% more likely to become a registered nurse (RN) than the average baby […]