The Home Health Care Wire
Your source for CareVoyant and industry news. February 09, 2022
Effective Revenue Cycle Management for Home Care Agencies
With falling reimbursement rates, the rollout of PDGM, and increased compliance, Home Care Agencies are under pressure to do more with less. Improving the health of the revenue cycle is a complex process that needs both caregivers and financial administrator to work in synchrony to achieve optimal results. An integrated platform that covers all processes including intake, authorization management, scheduling, billing, and collections, and provides features to manage the revenue cycle requirements of these processes is a must for ensuring optimal reimbursements.
The best is yet to come for Home Care Agencies. With many studies now pointing to a revival and boom phase coming up for Home Care agencies, we bring your tips and techniques to manage your organization’s online presence. Unfortunately, most home care agencies invest little time and effort in building their online presence. It is not as expensive as you think.
CareVoyant brings you a set of six things you can do to improve your agency’s brand and digital presence.
Even though these rules have now been in vogue for a while, most private duty nursing and non-medical agencies have to strike a careful balance between the high quality and continuity of care they provide and minimizing the overtime cost.
With falling reimbursements from third-party payers, and trying to strike a balance between expectations and quality of service for private pay patients, most home care agencies are trying to adapt their business models to limit caregivers to 40 hours a week.
Technology has a significant role in improving the effectiveness of agency operations. By trusting in a leading home care software such as CareVoyant Home Care Software, agencies can effectively manage their employees and their time delivering care. With the rise of hospital-at-home and SNF-at-home care delivery models and the increasing relevance of telehealth, the choice of a scalable and configurable homecare software that can address the needs of nurses, operations managers, patients, and their families, becomes crucial.
Home Healthcare Industry News
Former VP Al Gore Sees Home-Based Care as ‘Central’ to a Sustainable Health Care System
Former Vice President Al Gore believes he is as big of a proponent for home-based care as he is the environment. Well, maybe not quite. But he did express a lot of enthusiasm for delivering health care in the home at Home Care 100 Monday, both with surface-level compliments and more in-depth arguments.
What Home Health Providers Need to Know About OASIS-E
With OASIS-E set for Jan. 1 of 2023, home health providers need to begin preparing now, if they haven’t already. After delays related to the public health emergency, OASIS-E is finally being implemented next year in order to line up with the start of the nationwide expansion of the Home Health Value-Based Purchasing (HHVBP) Model.
ABOUT CAREVOYANT
CareVoyant is a leading provider of cloud-based integrated enterprise-scale home health care software that can support all home-based services under ONE Software, ONE Patient, and ONE Employee, making it a Single System of Record. We support all home care lines of service, including Home Care, Private Duty Nursing, Private Duty Non-Medical, Home and Community Based Services (HCBS), Home Health, Pediatric Home Care, and Outpatient Therapy.
CareVoyant functions – Intake, Scheduling, Clinical with Mobile options, electronic visit verification, eMAR/eTAR, Financial, Secure Messaging, Notification, Reporting, and Dashboards – streamline workflow, meet regulatory requirements, improve quality of care, optimize reimbursement, and bring operational efficiency.
For more information, please visit CareVoyant.com or call us at 1-888-463-6797.