The Home Health Care Wire
Your source for CareVoyant and industry news. August 6, 2021
There are many tasks and processes involved when capturing patient demographics and following the information through to clean claim submission. Streamlining intake and billing functions are essential to your Home Health Care operations. The use of the right Clearinghouse will help to meet your end goals of achieving operational efficiency.
Together with Waystar, CareVoyant's Home Healthcare software streamlines your workflows, empowers your team to be more productive, and helps your organization collect more revenue, more quickly.
Consumer Directed Services (CDS) are home healthcare services offered by Medicaid or Medicaid waiver programs where the consumer (Patient) can hire the caregiver and coordinate the services authorized.
An effective software platform should have the functions and features to help agencies manage the challenges posed by Consumer Directed Services.
There are millions of people who serve as caregivers. Whether they work for a private duty nursing services provider, work for a home care agency, or work independently taking care of a family or friend who might need extra assistance, this article penned by Stacey Bruss, RN, highlights the traits necessary to get the job done.
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 caregivers and financial administrators 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.
Home Healthcare Industry News
The Road Ahead for Oxygen Products
Supplemental oxygen has been and remains an essential frontline therapy in the ongoing fight against COVID-19. Here in the United States, much of the country is resuming life as usual with renewed vigor, thanks to wide access to vaccines and a naturally acquired immune response post-infection.
However, in other places—including, most recently, India—the need for therapeutic oxygen is continuing to outpace the available supply, putting pressure on the already stressed supply chain and allowing equipment manufacturers and suppliers no chance to take a breath and recover from the past year.
Moving Toward Federal Long-Term Care Insurance
Although Medicaid covers long-term care for Americans living in poverty, Medicare does not cover the long-term care needs of other seniors. Many middle-class Americans without private long-term care insurance plans must pay out of pocket.
A 2019 study funded by the National Investment Center for Seniors Housing & Care found that come 2029, more than half of the nation’s 14.4 million middle-income older adults wouldn’t have the financial resources to pay for senior housing or in-home care.
Choose Home Bill Looks to Make Home Health the Center of the Health Care World
The Choose Home Care Act of 2021 was introduced in the U.S. Senate less than 72 hours ago, but it’s already creating major buzz in the senior care world.
In a nutshell, Choose Home is bipartisan legislation that seeks to create an add-on payment for home health providers taking care of certain patients otherwise eligible for nursing home-level care following a hospital stay.
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.