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Lexington Medical Foundation and Right at Home, based in South Carolina, built a strategic partnership based on a community-based, patient-centered program to provide social determinants of health support for high-risk patients once they transition home. This article is free to 1-Year Classic and 2-Year Premium subscribers.
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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 rate of readmissions increases in the first two days after a SNF discharge. If SNFs lower their readmission rates, providers can earn the two percent. CMS reports almost three-quarters of the providers in the country will receive a cut under VBP. This article is free to 1-Year Classic and 2-Year Premium subscribers.