In the midst of the COVID-19 pandemic, Elara Caring has announced it will be rolling out telephonic home visits and telehealth services for its skilled home health and hospice patients. Elara Caring is making the move to solve a number of pain points related to the coronavirus outbreak, including an industry-wide personal protective equipment (PPE) […]
Health Recovery Solutions
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 […]
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 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. […]
For many in-home care providers, new payment models such as the Patient-Driven Groupings Model (PDGM) serve as the impetus for technology adoption in 2020. The expanding reimbursement stream of Medicare Advantage is also a major driver. These are some of the key findings from the 2020 Home Health Care News Outlook Survey and Report, released […]
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 […]
At a time when health care costs keep rising, in-home care providers are increasingly looking for innovative ways to keep older adults out of the hospital. Many providers have turned to telehealth company Health Recovery Solutions (HRS) to aide in such efforts. Among them is Sentara Home Care, which has been able to lower its […]
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. […]
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 […]
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. […]
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