Coronavirus Causes Demand for In-Home Telehealth Technology to Skyrocket

The ongoing coronavirus pandemic has been devastating for the vast majority of U.S. businesses. Yet for some companies, the global crisis has turned into a major boon. Pharmaceutical corporations, teleconferencing companies and video-streaming services are all positioned for growth despite the broader economic landscape. Telehealth providers are likewise seeing a spike in business, with New […]

Coronavirus Scare Likely to Boost Telehealth Adoption Among Home-Based Care Providers

On Thursday, the Senate approved a bill that will provide $8.3 billion in emergency funds to help mitigate the effects of COVID-19, otherwise known as the coronavirus. Apart from funding, the bill made major changes to telehealth statutes, possibly allowing home-based care providers to both rely heavier on telehealth tools and be properly reimbursed for […]

Despite Benefits, Reimbursement Roadblocks Still Slowing In-Home Telehealth Adoption

Despite the benefits of telehealth services, the general lack of reimbursement under Medicare has created persistent roadblocks when it comes to widespread adoption among U.S. home health providers. Over the past several years, telehealth services have proven their value when it comes to improving access to care for patients and lowering overall health care costs. […]

Third Time Could Be the Charm for Telehealth Medicare Legislation

Is the third time the charm for a bill that would expand Medicare coverage for telehealth services? A bipartisan group of lawmakers took another swing at introducing the Creating Opportunities Now for Necessary and Effective Care Technologies (CONNECT) for Health Act of 2019 in the U.S. Senate on Wednesday.  The bill was reintroduced by members […]

Remote Patient Monitoring Company Health Recovery Solutions Raises $10M

As the health care industry continues to place increased value on lowering hospital readmission rates and curbing costs, companies that aid in those efforts are making a name for themselves — especially among investors. Such is the case for Health Recovery Solutions (HRS), who recently received a $10 million Series B investment from Edison Partners. […]

Business Briefs: Sodexo Acquires UK Home Care Provider

Sodexo Expands Home Care Market in UK Quality of life services provider Sodexo has announced the acquisition of UK home care provider Prestige Nursing + Care. The acquisition will help expand Sodexo’s private-pay home care market in the UK, as well as build on the company’s brand Comfort Keepers, according to a press release Monday. […]

How One Health System Achieved $1.9 Million in Readmission Savings

Helping patients with chronic conditions after a hospital discharge is a mounting problem, which is why one North Carolina-based health system turned to home care and telehealth services to reduce readmissions and lower costs. A recent study with FirstHealth of the Carolinas targeted patients who were ineligible for Medicare-certified home health services. The grant-funded initiative saved FirstHealth $1.9 million […]