The Home Health Care Wire
Your source for CareVoyant and industry news. May 9, 2024
The Role of Home Care Software in Personalizing Patient Care
Home-based services are changing the way patients receive care. There has been growing demand for home-based services, with the home care market forecasted to grow by 50% over 5 years, from $226 billion in 2022 to $340 billion by 2027. As the demand for home care grows, software designed for home care advances alongside.
Home Care Software should provide home care agencies with tools to not only improve operational efficiency, but also personalize patient care to ensure high-quality, long-lasting patient outcomes. From Patient Intake and Scheduling to real-time communication and documentation, the right Home Care Software will enable home care agencies to tailor care to each patient’s unique requirements.
Investing in the right Home Care Software for CDS can help home care agencies efficiently leverage the opportunities CDS presents. An integrated software platform that can manage CDS and other services like Private Duty Nursing, Non-Medical Personal Care, Home and Community Based Services (HCBS), Home Health, will help agencies manage Consumer Directed Home Care Services and grow the agency by expanding services in other areas.
Stay ahead of the curve by integrating key software features optimized for Consumer Directed Services (CDS), positioning your agency for sustained success.
Between 2019 and 2023, use of Consumer Directed Services (CDS) increased 23%, with a total of over 1.5 million people signed on for these services. While the Covid-19 pandemic did spur much of this growth, CDS had already been a growing part of the home care sector and continues to grow today. There are, however, some burgeoning challenges that are arising with the expansion of this sector.
Home Healthcare Industry News
In-home health risk assessments may be responsible for billions in MA overpayments, study finds
Medicare Advantage insurers may be upcoding patients’ risk scores during health risk assessments (HRAs) — and collecting billions of dollars in payments as a result of this practice, according to a new study published in HealthAffairs.
California advances bill to improve Medicaid rates for private duty nursing services
In a unanimous decision, the California State Senate Health committee approved Senate Bill 1492, which would make Medicaid reimbursement for private duty nursing eligible for Managed Care Organizations’ provider tax distribution.
Mission possible: Caring for our caregivers
Caregivers as a whole are underserved, overlooked and undersupported. That issue can lead to poor health outcomes for those they are caring for and higher costs for the healthcare system, particularly payers.
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.