The Home Health Care Wire
Your source for CareVoyant and industry news. Jul 9, 2021
A Home Care Agency providing multiple services faces many challenges to meet disparate operational and regulatory requirements for these services. A software platform that helps the agency meet these challenges will be essential for the efficient operation and growth of the agency.
Home and Community-Based Services (HCBS) provide Medicaid beneficiaries opportunities to receive services in their own home or community rather than institutions or other isolated settings. These programs serve various targeted population groups, such as people with intellectual or developmental disabilities, physical disabilities, and mental illnesses.
In the absence of other viable public or private options to finance current and future LTSS needs for people of all ages, Medicaid will continue to be the major financing and delivery system for Home and Community Based Services for millions of Americans. Addressing community-based provider shortages and streamlining access to community-based care that supports functional independence and enhancing the quality of life will remain key objectives of states’ rebalancing efforts as the need for Medicaid HCBS continues to grow.
At CareVoyant, we are empowering home and community-based services providers by developing cost-effective software solutions for care delivery and revenue cycle management.
Home Health Care agencies should take a holistic view of their needs for a software platform rather than just focusing on their EVV needs. Using an integrated home care software platform to meet all the requirements of a home care agency will provide significant benefits that will outweigh the cost savings of ‘Free’ EVV.
Home Healthcare Industry News
Recent Deals Signal Start of a New Home Health Arms Race, Market Shift
For years, hospice was the “hot” service line that home health providers were trying to build up to keep pace with their peers, both organically and through relatively pricey acquisitions. It appears there’s a new home health arms race on the brink of heating up, however.
‘Extensive’ Proposed Rule Sets Stage for Value-Based Purchasing, PDGM Adjustments
The U.S. Centers for Medicare & Medicaid Services (CMS) released it’s FY 2020 home health proposed payment rule on Monday, while simultaneously announcing plans for the nationwide expansion of the industry’s value-based purchasing demo.
While just a few days have gone by, home health stakeholders have already started to zero in on several key areas — both major and minor — within the 387-page proposal.
What Is the PACE Plus Act?
Programs of All-Inclusive Care for the Elderly (PACE) help medically complex low-income seniors and people with disabilities age in their homes and communities. Many of the seniors in PACE are dual-eligible for both Medicare and Medicaid.
PACE serves as an alternative and complement to Medicaid-covered home- and community-based services. PACE provides comprehensive care for low-income seniors and people age 55 and up with disabilities by integrating Medicare coverage and Medicaid long-term services and supports.
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.