The Home Health Care Wire
Your source for CareVoyant and industry news. January 18, 2023
The Importance of Technology for Home Healthcare Agencies
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.
Agencies should leverage technology and software platforms to do more with less and improve operation efficiency. An integrated home care software platform that can handle multiple services and payers will help agencies to manage their operations efficiently and overcome the challenges posed by the labor shortage, wage increases, and reimbursement cuts.
This blog will discuss the benefits of an integrated Home Care Software Platform for an agency with multiple services and payers.
The labor shortage will be an ongoing challenge to Home Care Agencies for the foreseeable future. Home Care Agencies will have to leverage technology and learn to do more with less to meet the demand for home-based services and continue to grow.
Home Healthcare Industry News
MedPAC Unanimously Recommends Home Health Payment Rate Cuts
In a unanimous vote, the Medicare Payment Advisory Commission (MedPAC) recommended that the Medicare base payment rate for home health care be reduced by 7% for CY 2024.
This recommendation is in line with previous recommendations by the commission over the years.
5 Trends and Policies Impacting Social Determinants and Outcomes
The focus on social determinants of health in 2023 is uniting payers and providers to increase their efforts to find solutions and improve outcomes. Driven by policy and payments, change is coming.
Clinical Service Lines that Reduce the Cost of the Top 5 Medical Conditions
New information will help your organization better align clinical services to reduce the cost of the highest medical conditions and their expenditures. The data can be used in conversations with various payer sources to align your organization’s services to reduce the cost of care and readmissions.
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 based services, including Home Care, Private Duty Nursing, Private Duty Non-Medical, Home and Community Based Services (HCBS), Home Health, Pediatric Home Care, and Outpatient Therapy at Home.
CareVoyant functions – Intake, Authorization Management, Scheduling, Clinical with Mobile options, eMAR/eTAR, Electronic Visit Verification (EVV), Billing/AR, Secure Messaging, Notification, Reporting, and Dashboards – streamline workflow, meet regulatory requirements, improve quality of care, optimize reimbursement, improve operational efficiency and agency bottom line.
For more information, please visit CareVoyant.com or call us at 1-888-463-6797.