The Home Health Care Wire
Your source for CareVoyant and industry news. February 6, 2025
Benefits of Documenting Care at Patients’ Home for Home Health Care Agencies
According to Ebbinghaus Forgetting Curve, humans retain 58% of what they learned after 20 minutes and only 33% after 24 hours. With the demands put on the clinicians and caregivers, it becomes imperative to document the care at the patient's home and complete the documentation before leaving the patient's home.
Accurate, complete, and timely documentation will help home care agencies to meet regulatory compliance, optimize reimbursement, and improve quality of care, patient safety, patient satisfaction, and employee satisfaction.
For home care agencies operating in multiple states or offering multiple services, achieving EVV compliance can be a daunting task. Challenges such as managing complex workflows, integrating with multiple aggregators, or implementing state-specific EVV solutions to meet state-specific requirements often overwhelm agencies.
This is where CareVoyant comes in. CareVoyant EVV simplifies compliance with an integrated, scalable solution that streamlines workflows, ensures accuracy, and interfaces with all EVV aggregators, enabling home care agencies to meet all federal and state regulations.
The impact of unbilled services is very significant for home care agencies. Agencies will still have to pay employees for unbilled services even while they are not reimbursed for the same services, doubling the impact on cash flow and bottom line.
Home Care Agencies must develop metrics and processes to monitor and manage unbilled services and revenue. They should use Home Care Software that provides the tools to monitor and significantly reduce or eliminate unbilled services. Reducing unbilled services will increase revenue, improve cash flow and the agency's bottom line, provide quality care, and improve patient and employee satisfaction.
Home Healthcare Industry News
ATI Advisory: US approaching a ‘tipping point’ in value-based care adoption
As United States healthcare costs continue to rise, along with an increasingly chronically ill patient population, participation in value-based care will be crucial for the system to succeed in the years ahead.
Former NAHC leader Dombi joins DC law firm
Dombi will join AGG’s healthcare practice and play a key role in the areas of home health, hospice, and post-acute and long-term care litigation, Bring noted.
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.