Home care providers have been given the best gift they could ask in early 2022: attention. They’ll still need to do their part to capitalize on it, however. In retrospect, 2021 was a banner year for home care. The public health emergency pushed the industry out of the shadows — and even the Biden administration […]
Home Care Pulse
Two new reports have contextualized the home-base care industry’s staffing crisis, and the numbers are staggering. — From PHI and the Health Workforce Research Center on Long-Term Care: Of the 13.7 million workers who, during the first three months of the pandemic, were displaced from occupations with similar entry-level requirements to direct care, only 9.1 […]
Home care agencies are often tasked with helping seniors keep up with their activities of daily living (ADLs). But in recent years, a number of specialized training topics have become the key focus of providers looking to strengthen the type of care they’re delivering. One of these topics is Alzheimer’s disease and dementia training for […]
One of the home care industry’s top research and education firms is looking to take its game to the next level. Private investment firm Cressey & Company announced Wednesday that it’s making “a significant investment” into the Rexburg, Idaho-based Home Care Pulse. Exact terms of the investment were not disclosed. Founded in 2008, Home Care […]
Home care hasn’t always had a reputation for great employee perks or benefits packages, but a handful of providers are beginning to change that. In other sectors, including the technology and startup worlds, perks like free daily meals, access to wellness programs and 401(k) matching, with stock options, are relatively common. Some home care operators […]
The home care industry is rapidly changing. Perhaps nowhere is that change more evident than in the payer mix of home care operators. Historically, “home care” has often been thought of as a private-pay offering, something separate from other senior care services that are covered by Medicare, Medicaid or private insurance. But agencies have clearly […]
On Thursday, members of the Senate Committee on Health, Education, Labor & Pensions held a subcommittee hearing to address the dire shortage of health care workers in the U.S. The hearing, led by Sen. Bernie Sanders (D-Vt.) and Sen. Susan Collins (R-Maine), addressed labor shortages in primary care, behavioral health and more. Lawmakers, however, stopped […]
Turnover rates in the home care industry have taken an up-and-down rollercoaster ride over the past few years, jumping from 66.7% in 2019 to 81.6% in 2018, then falling back down to 64.3% in 2019. Yet in 2020, turnover across U.S. home care agencies remained mostly flat, climbing ever so slightly to an overall rate […]
The ongoing COVID-19 pandemic dominated headlines in 2020 — and rightfully so. But there were plenty of other storylines that defined the year, including the launch of the Patient-Driven Groupings Model (PDGM), the conclusion of a hotly contested presidential election and the execution of multiple industry-shaping transactions. These are nine of the most overlooked stories […]
Despite the operational and financial challenges caused by the COVID-19 virus, hardly any private-duty home care agencies plan on going out of business. Instead, most agency leaders believe they’ll actually grow their business over the next five years, both in terms of census and new locations. That’s according to recent statistics that Home Care Pulse […]