Effective Medication Management for Home Health Care Agencies

The Home Health Care Wire 

Your source for CareVoyant and industry news. January 31, 2024

Effective Medication Management for Home Health Care Agencies

More than 40 percent of older Americans regularly take five or more prescription drugs, and nearly 20 percent take ten or more, according to a 2020 report from the nonpartisan think tank Lown Institute. When patients receive higher acuity care at home, medication management becomes a critical aspect of providing quality and safe care.

Home healthcare agencies should leverage technology and Home Healthcare Software to manage medications for patients effectively. The right Home Care Software and technology will help clinicians keep accurate lists of medications, educate patients & caregivers, monitor medication administration, and improve patient safety and outcomes.

Home Health Care and Home Care are often used interchangeably throughout the Home Health Care industry. The differences between Home Health Care and Home Care, however, are worth noting.

This blog will define the terms Home Health Care and Home Care, and then highlight the differences and similarities between the two services. Finally, this blog will explain why the difference matters, especially for Home Health Care Agencies who are looking for a more efficient way to manage one or more lines of service.

Home Health Care Agencies should adopt diversification strategies to mitigate the impact of reimbursement cuts. Expanding into new services, such as Certified Home Health, Non-Medical Personal Care, Private Duty Nursing, Therapy at Home, Pediatric Care, Mental Health, etc., will help home care agencies hedge against revenue and reimbursement risks in home care services. Diversification of services will also help agencies maintain continuity of patient care and improve patient satisfaction.

In addition to expansion of services, home care agencies can also explore diversification of payers to mitigate the regulatory and reimbursement risks.


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In 2024, there are examples of home health providers doing away with brick-and-mortar locations to keep overhead costs down. Keeping those costs down, the thought process goes, allows providers to: better adapt to Medicare Advantage (MA) penetration; mitigate the effects of fee-for-service rate cuts; and offer better pay and benefits.


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.

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