Home Healthcare Weekly News - June 1, 2020
The Future of Private Duty Home Care – Trends for 2020 and Beyond
As a leading software provider for Private Duty Nursing, we monitor the forces and trends that are shaping the Private Duty Home Care Industry. The industry is poised to boom in the post-COVID phase as there is a growing preference and shift from institutional to in-home care as the industry shifts. As a leading provider of software for private duty nursing, CareVoyant is committed to bringing software solutions that are collaborative and help home care agencies quickly adapt to industry changes.
Electronic visit verification was created to reduce fraud and ensure that people receive the documented care they need. EVV was designed to help verify that services billed for home healthcare are for actual visits made. The passing of the Affordable Care Act signed into law in 2010 made provisions for reducing fraud and over-payments, requiring states to stop Medicaid payments to providers when there is credible evidence of fraud.
What is EVV?’
Electronic visit verification (EVV) is a method used to verify home healthcare visits to ensure patients are not neglected and to cut down on fraudulently documented home visits.
Home Healthcare Industry News
COVID-19 Impact on Home Healthcare Industry
5 Powerful Stats Showing COVID-19’s Impact on Home Care
While the situation continues to turn on a dime, data is beginning to paint a more complete picture of what COVID-19 looks like for home care agencies. The last three months have turned home care, society, and life, in general, upside down.
While the situation continues to turn on a dime, data is beginning to paint a more complete picture of what COVID-19 looks like for home agencies. Here are a few stats
Despite its many negatives, the global recession induced by the COVID-19 virus could set the stage for home care franchise systems to see a period of strong growth.
In addition to being a public health emergency, COVID-19 is having a far-ranging economic impact. As states began implementing shelter-in-place orders, asking residents to stay home and avoid in-person gatherings to curb the spread of the virus, there has been a reduction in general business activity and a spike in unemployment.
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