The Home Health Care Wire
Your source for CareVoyant and industry news. February 16, 2022
Top 10 Features to Improve Operational Efficiency for Home Healthcare Agencies
To improve operational efficiency. Home Care Agencies must look for a software platform that will meet most of their requirements without manual workarounds. This article shares some of the top 10 features to improve operational efficiency by using an integrated platform.
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 both caregivers and financial administrator 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.
The best is yet to come for Home Care Agencies. With many studies now pointing to a revival and boom phase coming up for Home Care agencies, we bring your tips and techniques to manage your organization’s online presence. Unfortunately, most home care agencies invest little time and effort in building their online presence. It is not as expensive as you think.
CareVoyant brings you a set of six things you can do to improve your agency’s brand and digital presence.
Home Healthcare Industry News
Home-Based Care Can Help Turn Around CMS’ Investment Portfolio, Former Administrator Says
Former U.S. Centers for Medicare & Medicaid Services (CMS) Administrator Seema Verma is bullish on a lot. Speaking at the Home Care 100 conference, she expressed enthusiasm for a new era of data-tracking and technology, as well as value-based care, Medicare Advantage and hospital at home.
Report: Increased Home-Based Care Could Save Florida $745 Million Annually
Providing care in the home instead of in a nursing home could save the state of Florida $745 million in fiscal savings annually. That’s according to a recent report released from Florida TaxWatch, an independent research institute. The report is an analysis of the possible safety benefits, fiscal savings and quality outcomes from expanding home- and community-based services in Florida.
Reimbursing Family Caregivers
Family caregivers are a crucial and often overlooked component when it comes to providing care in the home. The work they do helps keep their loved ones out of the hospital and other institutional settings.
But family caregivers often forego the opportunity to fully participate in the workforce, resulting in decreased income, retirement savings and career opportunities. Family caregivers also frequently spend their own money to ensure that their loved ones receive care.
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.