The Home Health Care Wire
Your source for CareVoyant and industry news. August 08, 2024
Authorization Management for an Efficient Home Care RCM
Authorization Management plays an outsized role in Revenue Cycle Management. Effective and efficient authorization management will help home care agencies improve the bottom line by reducing non-billable shifts and payroll for non-billable shifts.
Home Care Agencies must leverage technology and integrated intelligent automation to improve authorization management efficiency and enable their staff to do more with less. Reducing revenue leakage and improving cash flow will help agencies improve their bottom lines, provide quality care, and improve patient and employee satisfaction.
Private Duty nurses need to regularly administer the right medication in the right dosage at the right time. An electronic medication administration record can minimize the risk of errors. Unfortunately, most software designed for visit-based agencies does not provide adequate support for eMAR and eTAR.
Private Duty Nursing agencies should look for a software platform that provides efficient eMAR and eTAR functions. Simple, easy-to-use, and dynamic eMAR and eTAR functions will significantly reduce medication and treatment administration errors.
Home care agencies are painfully aware of the costs of rampant turnover. At nearly 80% turnover industry-wide, home care agencies can expect that 1 in every 4 employees hired will likely quit within the first 100 days of employment.
It is of the utmost importance that home care agencies plan accordingly. This blog will review the five most common reasons home care employees cite for quitting their home care jobs and suggest solutions home care agencies can use to reduce turnover in their own workplace.
Home Healthcare Industry News
CMS Highlights 80-20 Provision Exceptions That Could Be Lifelines For Providers
As part of the finalized version of the rule, there are a few exceptions that attempt to address provider concerns.
Home health employment growth outpaces all other health sectors: BLS
The home healthcare workforce, which includes home health and personal care aides, grew by roughly 21,600 positions last month, the report indicated.
Diabetes speeds up onset of other conditions by 15-20 years, slashes life expectancy
Diabetes accelerates the start of severe multiple long-term conditions (MLTCs) by 15 to 20 years and lowers life expectancy, a new study finds.
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.