Top Home Healthcare Industry Trends for 2021

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March 26, 2021

Home Health care plays a growing and critical role in providing care at home for adult and pediatric patients. Despite all the challenges facing the home health care industry, it will continue to grow and play an integral part in providing care at home.  Several emerging trends will define that ascent in the year ahead.

Through 2021 and after, home care agencies need to identify key trends that will aid or hurt their business models and continually reconfigure themselves for success.  In this article, we are bringing out the top home care predictions for 2021 and beyond.

The Importance of Choosing the Right Clearinghouse for your Agency

There are many tasks and processes involved when capturing patient demographics and following the information through to clean claim submission.  Streamlining intake and billing functions are essential to your Home Health Care operations.  The use of the right Clearinghouse will help to meet your end goals of achieving operational efficiency.

Together with Waystar, CareVoyant's Home Healthcare software streamlines your workflows, empowers your team to be more productive, and helps your organization collect more revenue, more quickly.

Consumer Directed Services (CDS) are home healthcare services offered by Medicaid or Medicaid waiver programs where the consumer (Patient) can hire the caregiver and coordinate the services authorized. 

Medicaid or Medicaid Waiver programs authorize Consumer Directed Services with limits on the number of hours of services provided per day or per month. These limits add another layer of challenge to the agencies. They have to limit the services provided under authorized hours even though they do not have complete control over the hiring of caregivers and managing their services.

When services go over authorized hours, the agencies face the uncomfortable task of telling the caregivers that they may not get paid for the services provided over authorized hours.

An effective software platform should have the functions and features to help agencies manage the challenges posed by Consumer Directed Services. 

CareVoyant is a leader in for Home Health Care on G2 CareVoyant is a leader in for Medical Billing on G2 Users love CareVoyant on G2


Home Healthcare Industry News

House Hearing Slams Private Equity’s ‘Troubling’ Expansion into Health Care

Members of Congress took aim at private equity’s expanded role in the U.S. health care system on Thursday, addressing the topic during a special hearing held by the House Ways and Means Subcommittee on Oversight.

‘We’re Rebuilding the Whole Delivery System’: Why Amazon Is Betting Big on Home-Based Care

Earlier this month, tech giant Amazon (Nasdaq: AMZN) unveiled major plans to expand its budding home-based care offering, “Amazon Care,” across the U.S.

Since then, home-based care stakeholders have been trying to make sense of the news and figure out what it means for them — and the in-home care patients they serve. Their early evaluations are thus far divided, with some excited by Amazon’s ability to bring additional attention to home-based care and others concerned about technology overshadowing the human touch.

NAHC Head: Minimum Wage, Other Issues Big for Private Duty Care

Private duty homecare providers have a lot of opportunities for growth—but also face significant hurdles, from increased spending on personal protective equipment (PPE) to potential challenges like a $15/hour federally mandated minimum wage and other worker protections, National Association for Homecare and Hospice President Bill Dombi said at a recent panel.

State Report: Impact of Pandemic on Homecare Finances Are Devastating

At a time when home care providers face a 50% workforce recruitment-and-retention funding cut and other reductions in New York’s state budget, the Home Care Association of New York State (HCA) has issued a report showing the devastating impact of COVID-19 on homecare operations and workforce amid rising demand for services and escalating new costs for Personal Protective Equipment (PPE) and other needs.


 
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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 CarePrivate Duty NursingPrivate Duty Non-MedicalHome and Community Based Services (HCBS)Home HealthPediatric 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.


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