This article is part of the HHCN+ Membership Leaders of major home care companies don’t operate in a vacuum. Rather, many use competitive analysis to stay one step ahead. In general, a competitive analysis is a benchmarking tool. “Many healthcare organizations use competitive analysis as a benchmark to see where they stand or how they are performing relative to similar organizations in their area,” Creamon Moore Jr., president and CEO of American Advantage Home Care, told Home Healthcare News. “This is used as a way to determine whether you are similar or different to your competitors and whether those differences…
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Rapidly emerging applications of large language models–such as chat bots, apps that aid clinical care, or generate encounter notes, for example–can improve health care decision making and outcomes for providers and for patients. But without the right governance and regulatory guardrails, these models may cause more harm than good. Join Penn LDI and the Wharton Healthcare Analytics Lab as we gather national experts for an in-person conference that explores how large language models can improve clinical decision making and patient communication, and to discuss health system and policy strategies to reduce risks and maximize opportunities for advancing health care. Conference…
Long-term services and supports (LTSS) encompass the broad range of paid and unpaid medical and personal care services that assist with activities of daily living (such as eating, bathing, and dressing) and instrumental activities of daily living (such as preparing meals, managing medication, and housekeeping). They are provided to people who need such services because of aging, chronic illness, or disability, and include services such as nursing facility care, adult daycare programs, home health aide services, personal care services, transportation, and supported employment. These services may be provided over a period of several weeks, months, or years, depending on an…
The acquisition will allow HHAeXchange to expand into new states and gain access to a talent pool with extensive home care technology experience.NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) — HHAeXchange, a leader in home care management solutions for providers, managed care organizations (MCOs), state Medicaid agencies, and financial intermediaries, today announced the acquisition of Generations Homecare System. Generations offers an all-in-one home care agency management software solution that provides providers with the capabilities to connect care teams, simplify day-to-day operations, and stay compliant. The acquisition brings together two companies that share a common vision and values aimed at driving…
Home health agencies are expected to see a significant drop in Medicare reimbursements next year as CMS proposes rate cuts to account for changes to the Patient-Directed Grouping Model (PDGM). CMS’ new proposed rule projects a 1.7% decrease in Medicare reimbursements to participating home health agencies in calendar year (CY) 2025, a decrease of approximately $280 million. According to the agency, the estimated decrease in payments is due to a proposed 2.5% calendar year 2025 home health payment update, offset by the implementation of permanent prospective adjustments to account for the impact of PDGM and other policies proposed in the…
The U.S. Centers for Medicare and Medicaid Services (CMS) on Wednesday released proposed home health payment rules for fiscal year 2025 that the center suggested could lead to further significant cuts to providers. To rebalance the Patient-Directed Grouping Model (PDGM) and make it budget neutral, at least according to its internal methodology, CMS is proposing to permanently prospectively adjust home health payment rates in FY2025 to -4.067%. CMS applied reductions of 3.925% and 2.890% for fiscal years 2023 and 2024, respectively. “This adjustment takes into account the difference between assumed and actual behavior changes relative to estimated total expenditures due…
Health and Wellness: Caring Touch aims to serve seniors and keep them living at home Published Tuesday, June 25, 2024 at 1:20 p.m. “Bubba” Hessley says he saw a need in his community and started the business to fill it. (Contributed) James Corey “Bubba” Hesley started the new company in January with the hopes of helping seniors living at home. Caring Touch Homecare staff can help with bathing, cooking, cleaning, laundry and mobility. “We’re a personal in-home care agency that provides daily care services, including transportation to and from medical appointments, preparing and accompanying meals, and assisting with activities of…
Welcome Home Non-Medical Home Care Agency Welcome Home Care LLC, a non-medical home care agency, serves Okanogan, Adams, Chelan, Douglas, Grant and Lincoln counties. Okanogan County – Welcome Home Care LLC, a non-medical home care agency, serves Okanogan, Adams, Chelan, Douglas, Grant and Lincoln counties. Kelly Davis is a registered nurse and owner of two adult family homes. Her business partner, Savannah Knowlton, has a degree in Social Science from Washington State University and serves as the Resident Manager for the adult family homes. Davis and Knowlton said they value family, exploring the beauty of the county, staying active and…
After qualifying for home care services, Pauline Kane sat on a waitlist for more than a year. In the meantime her daughter, Ann Marie Kane, who goes by her initials A.M.K., had moved in with her and was caring for her around the clock — without getting paid. Pauline Kane, who is 86, has a neurological disorder that makes it difficult to walk or stand on her own, so A.M.K. helps with everything from making meals to showering. She’s concerned about her mom falling if left on her own in their Scarborough home, so A.M.K. brings her when running errands.…
Sign up for The Texas Tribune’s daily newsletter, “The Brief,” to keep readers up to date on the most important Texas news. When Komika Sales gets home from work, her son’s nurse is finishing up her evening routine, giving him his final medication and putting him on a ventilator. After the nurse leaves, Ms. Sales and her son gather on the couch, laughing together as they watch him use his iPad or play with blocks. Tighter rules from the Texas Department of Human Services may make their bedtime ritual impossible. Her 16-year-old son will no longer be able to receive…