The new Medicare Advantage opportunity for home care providers will break out in 2020 and boom in 2021. But while providers are already building the infrastructure and the partnerships necessary to capitalize on this enormous play, three major red flags remain. For Medicare Advantage (MA) to fully benefit from the power of home care, these […]
The recent rule changes to Medicare Advantage (MA) from Centers for Medicare & Medicaid Services have created a level of flexibility and creativity for home care participation that is nearly unchecked. For example, the final call letter for MA plan year 2020 notes that “MA organizations have broad discretion” in determining what’s called the “Special […]
From the Home Care Association of America (HCAOA) to the National Association for Home Care & Hospice (NAHC) and the Partnership for Quality Home Healthcare (PQHH), there is no shortage of trade groups in the home care industry. That’s not even to mention the vast network of state and local associations spanning the U.S. But […]
BrightStar Care, FirstLight HomeCare and Right at Home are three of the best low-investment franchises to buy right now in the U.S., according to Forbes, which recently released its latest “Best and Worst Franchise” list. To create its new top-franchises list, Forbes teamed up with Arlington, Virginia-based market research and consulting firm FRANdata to take […]
Within the at-home care industry, the winter holidays and weeks that follow are typically the busiest times of the year for providers. Although summers tend to be more of a mixed bag in terms of business, providers can still make moves to reinforce their operations and prepare for the upcoming busy season. Generally, most providers […]
Home care — the types of services regularly delivered in a senior’s home over the course of months and years, rather than days or weeks — has steadily risen to newfound prominence of late. Today, in fact, it’s now seen as the “tip of the spear” for the entire U.S. health care system, according to […]
As the U.S. population rapidly ages, senior care providers are becoming increasingly more innovative to keep pace with consumer demand and preferences. For some, that has meant blurring the traditionally hard lines between senior housing and home care. Among the providers that do not fit neatly into the “home care” or “senior housing” boxes, for […]
Seniors who need nonmedical home care the most — the oldest, sickest and often most vulnerable — are the least likely to be able to afford it. Unfortunately, labor shortages are expected make home care services even less affordable in the years to come. That’s according to a new study published in the June issue […]
A new law designed to help fund long-term care services could mean big business for home care providers down the road. On May 13, Washington Governor Jay Inslee officially signed the Long-Term Care Trust Act into law. The groundbreaking tax could be the first of several of its kind to sweep the nation. The law […]
Home care in Medicare Advantage (MA), the demise of digital disruptors and interoperability barriers are the top three trends shaping the in-home care space in 2019, according to business strategist Stephen Tweed, founder of Home Care CEO Forum. Tweed highlighted these and other industry-shaping trends in this year’s Home Care Benchmarking Study, released last week […]
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