The Home Health Care Wire
Your source for CareVoyant and industry news. December 27, 2023
Home Health Care Trends for 2024
Even though home healthcare agencies face many challenges, there are also many opportunities. Despite all the challenges facing the home healthcare industry, it will continue to grow and play an integral part in providing care at home. Technology will play a vital role in helping home care agencies to do more with less and improve operation efficiency. Integrated Home Care Software platform with the right technology and tools will play a significant role in helping home agencies meet these challenges and continue to grow.
In this blog, we discuss how some of these trends are shaping the direction of the home healthcare industry.
Home Care Agencies providing more than one home-based service often use different software solutions for different lines of service. The use of multiple software is not only cumbersome – it is also uneconomical. It leads to operational inefficiency as agency employees must log in to multiple software to perform clinical, financial, and administrative tasks.
Home Care Software that can be used across multiple lines of business can alleviate operational inefficiency by providing a platform that integrates intake, authorization, scheduling, clinical documentation, billing, payments, payroll, and reporting. Integrated Home Care Software should also include EVV, HIPAA-compliant communication, and care coordination so Home Care Agencies can manage all aspects of business with one Home Care Software.
Providing care for children at home poses unique agency-level challenges. Patient intake and authorizations can be more challenging than when treating an adult. The clinical documentation process can be hampered when more care coordination is needed for pediatric patients. Scheduling becomes an issue when demand for pediatric private duty services is high. Adding to this challenge is the need to recruit, train, and retain qualified pediatric private duty nurses.
The right Pediatric Home Care Software can address the unique challenges that Pediatric Private Duty Nursing poses. This blog will discuss how the right software for pediatric private duty nursing agencies can optimize agency management and improve bottom line.
Home Healthcare Industry News
Class-Action Lawsuit Accuses Humana Of AI-Driven, Post-Acute Care Claim Denials
A class-action lawsuit was filed against Humana Inc. (NYSE: HUM) in Kentucky on Tuesday. The company is the latest insurer under fire over its alleged utilization of AI to dictate or deny post-acute care.
Home Care May Have Reached Its ‘Tipping Point’ With Billing Rates
One challenge that industry insiders believe will follow providers into 2024 is client retention. This is because of the cost of doing business. And, as a result, the price tag attached to care billing rates. Daniel Gottschalk, co-CEO of Family Tree Private Care, thinks that the home care industry has reached its tipping point.
“We’ve probably reached the tipping point of what consumers can actually bear, before they can just say, ‘Hey, enough’s enough, I can’t afford this option anymore,’” he said.
‘It’s Water Grinding Away The Stone’: Senior Care Providers Face Common Challenges In Continuum Expansions
Creating a continuum of services allows providers to maintain relationships with clients and patients longer – before their needs become acute, all the way through to end of life. In turn, from a business perspective, this creates revenue stability and increases appeal to payer partners.
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.