As the country ages, the Home Care Industry is poised to grow. The US home healthcare market is projected to grow about 7% annually from $103 billion in 2018 to $173 billion by 2026 — outpacing growth in all other care types, including hospital care (+5.3% annually) and physician services (+5.6% annually). The industry has also come into a lot of focus during the COVID-19 crisis as well.
The Future of Private Duty Home Care – Trends for 2020 and Beyond
As a leading software provider for Private Duty Nursing, we monitor the forces and trends that are shaping the Private Duty Home Care Industry. The industry is poised to boom in the post-COVID phase as there is a growing preference and shift from institutional to in-home care as the industry shifts.
Benefits of using Integrated Electronic Visit Verification for your Home Care Agency
Electronic visit verification was created to reduce fraud and ensure that people receive the documented care they need. EVV was designed to help verify that services billed for home healthcare are for actual visits made. The passing of the Affordable Care Act signed into law in 2010 made provisions for reducing fraud and over-payments, requiring states to stop Medicaid payments to providers when there is credible evidence of fraud.
CareVoyant implements COVID-19 and related Diagnosis codes as per CMS and CDC guidelines
CDC has introduced two new diagnosis codes – one for COVID-19 and the second one for Vaping related disorders. CMS has added these diagnosis codes for PDGM as of 04/01/2020.
CareVoyant has incorporated these changes immediately and released an update to all our customers. We made the following changes.
Added the ICD codes to our library
Changed PDGM calculator to incorporate the new diagnosis codes.
Wrap-up – Illinois HomeCare & Hospice Council’s Annual Conference 2020
The Illinois HomeCare & Hospice Council hosted its 2020 Annual Conference, “Focus on the Future”, between March 3-4 in Lombard, IL. The conference convened hundreds of leaders & experts in Home Healthcare, registered nurses, and medical practitioners to discuss the current state of home care, share the latest information in the field of home care, enable market participants to network and serve the patients better through calibration.
How to select the right software for Private Duty Nursing Agencies?
Private Duty Nursing Agencies should choose software that addresses their unique clinical documentation, scheduling, and billing requirements. The software should be easy-to-use and enable Nurses to keep up with continuous care documentation during the shift while providing efficiency in communicating changes in real-time to the nurse at the point-of-care.
Further, the requirements of home care services are many and the software should allow for rendering of other services without needing to switch between multiple software platforms.
Benefits of using an Integrated Software Solution for your Home Care Agency
CareVoyant, as an industry pioneer, has strived to bring you the best of both with an integrated home care software solution for agencies providing multiple lines of service. With the power of one database, not only do you reduce your investments, but also eliminate redundant processes while getting unified clinical, administrative, and financial views.
Home Health Care Agencies: Are you ready for PDGM?
Patient-Driven Grouping Model (PDGM) is the new payment model for the Home Health Prospective Payment System (HH PPS). PDGM relies more on claims data and less on OASIS data for reimbursements. CareVoyant will be implementing software enhancements to help Home Healthcare Agencies to stay efficient and compliant in the PDGM world.
Event Round-up: National Association for Home Care & Hospice (NAHC)
CareVoyant, Dial-N-Doc partner to provide CareVoyant Telephony powered by Dial-N-Doc
Home Care Agencies: Are you ready for 21st Century Cures Act and EVV?
CareVoyant & eBriggs Integration Brings the Best of Both World to Customers
CareVoyant, a leading provider of integrated health care software solutions, has partnered with Briggs Healthcare, a leader in post-acute documentation, to provide CareVoyant customers digital access to Briggs forms in CareVoyant clinical functions. CareVoyant uses the eBriggs framework to seamlessly integrate Briggs forms in the clinical documentation process.