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Investors are pouring billions of dollars to enhance care in the home. The global smart home healthcare market is forecasted to attain a revenue of $30.0 billion by 2023. The market is mainly driven by the growing geriatric population escalating the demand for personalized healthcare which in turn is increasing the demand for mHealth technologies and advancements in smart home healthcare technologies. This article is free to 1-Year Classic and 2-Year Premium subscribers.
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For the home care industry, the announcement of new value-based physician payment models should have caused a gleeful outburst. Under these new models, Medicare will be rewarding practices for providing more convenient access to care, and start paying for chronic disease care management, acute care in-home services, and hospice and palliative care. This article is free to 1-Year Classic and 2-Year Premium subscribers.
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The first two years of the Comprehensive Care for Joint Replacement (CJR) saved Medicare more than?$1,00 per episode. CJR, a five-year Medicare program rolled out in 2016, pays participating?hospitals for hip and knee replacements by episode of care: from admission to 90 days post discharge. This article is free to 1-Year Classic and 2-Year Premium subscribers.
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The Office of Inspector General (OIG) of the U.S. Department of Health and Human Services (HHS), the primary enforcer of fraud and abuse prohibitions, has issued its annual recommendations that, if implemented, will likely affect HHS programs positively in terms of cost savings, program effectiveness and efficiency, and public health and safety. This article is free to 1-Year Classic and 2-Year Premium subscribers.
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This is the second article in series to discuss how to promote the growth of in-home community-based organizations and accelerate relationships with payers. The first article published in The Remington Report's July/August issue, pages 4-8, focused on the home health aide workforce: How Real Time Actionable Data Leverages New Value For Home Health Aides and Stakeholders. This article is free to 1-Year Classic and 2-Year Premium subscribers.
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Aggressive moves by payers teaming up with big players such as CVS are advancing their healthcare programs into the home. How does this impact healthcare organizations? Are these new partnering opportunities or, a new competitor on the horizon? This article is free to 1-Year Classic and 2-Year Premium subscribers.
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Prior authorizations take time away from patients and interject a third party into the doctor-patient relationship. There are many frustrations with prior authorizations, but the time spent getting payer permission is a common thread among all doctors. The average practice spends more than 15 hours per week total on them. This article is free to 1-Year Classic and 2-Year Premium subscribers.
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North Carolina will implement a groundbreaking program in select regions to pilot evidence-based interventions addressing issues like housing instability, transportation insecurity, food security, interpersonal violence and toxic stress. This article is free to 1-Year Classic and 2-Year Premium subscribers.
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Each year, we compile The Remington Report Top 20 list of America?s largest publicly held home healthcare companies. It?s our way to recognize some of the players in our industry, to reflect on the year and to hopefully identify some trends that may impact the future. This article is free to 1-Year Classic and 2-Year Premium subscribers.
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FirstHealth Home Care, a division of FirstHealth of the Carolinas, a comprehensive not-for-profit healthcare system in the mid-Carolinas, has always kept the focus on high quality patient care and actionable data to drive performance improvement. With the advent of the five year Home Health Value-Based Purchasing Model Pilot in 2016, FirstHealth was already demonstrating consistently high outcomes. This article is free to 1-Year Classic and 2-Year Premium subscribers.
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The race to value-based care is heating-up. In today?s healthcare landscape, value-based care is a hodge-podge of models. However, as we track changes to the healthcare infrastructure and payment reform, we see the escalation from fee-for-service models to value-based models supported by an increase in greater risk-sharing models. This article is free to 1-Year Classic and 2-Year Premium subscribers.
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Each year, we assemble this list as a way to examine the past year and to potentially identify trends. Trends that both reflect and influence the current environment, but also shed some light on what may lay in store for the future. This article is free to 1-Year Classic and 2-Year Premium subscribers.
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Direct contracting creates the seismic change to level the playing field for small and large organizations, tests risk-sharing payments, creates a playground to test payments that operated in silos, and creates greater financial alignment. This article is free to 1-Year Classic and 2-Year Premium subscribers.