News and Market Developments
7 Wire Ventures: Home is Where the Health Is (6/28) - Today, 71 percent of consumers face major frustrations throughout the traditional health care journey, including long wait times and impersonal visits. Receiving care in the home offers immense potential to receive convenient, high-quality care affordably. Averted downstream conditions, avoidance of unnecessary ED visits (by an estimated 19%), lower utilization of lab orders, imaging, and consultations, and reduced wait times are just a few of the many benefits these models boast. For health care providers, health at home solutions leveraging remote monitoring and diagnostic tools can enable clinicians to have an informed view of consumer health when treating patients virtually.
McKnights Home Care: It's Time for New Approaches to Help Older Adults Age at Home (6/27) - Studies show an overwhelming number of older adults want to age independently at home. Most believe that to age in place, they’ll only need a caregiver to help out from time to time, but this is simply not the case, more often than not. In actuality, aging in place requires a variety of community-based services that must be brought into the home to ensure the needs of older adults are met. Many older adults lack a complete understanding of the services and benefits that may be available to them. Consequently, it’s very common to see a misuse or underutilization of these benefits.
Modern Healthcare: Behavioral Health Care Moving into the Home (6/28) - As patient care increasingly moves into the home, some home health providers are adding services to tap into the $80 billion behavioral health sector. In January, Elara Caring began offering behavioral health services to Medicare patients in 11 of the 16 states it serves. Bringing mental health services into the home also could help fill a void in rural communities where the nearest facility-based behavioral health providers can be at least 50 miles away.
Home Health Care News: WellBe Senior Medical’s Expansion ‘Testament To Market Demand’ For Home-Based Primary Care (6/26) - WellBe Senior Medical has expanded its services to, now, reach more than 75,000 patients. The Chicago-based WellBe offers home-based medical care services, including integrated mobile urgent care, in six states: Georgia, Illinois, Ohio, Utah, West Virginia and Pennsylvania. The organization partners directly with health plans, health systems, and provider groups to work with their patients — typically the top 10 percent of seniors that have complex conditions.
Axxess: Axxess and Naveon Partnership Provides Care at Home Industry With Serious Illness Education (6/26) - Axxess and Naveon partnered to bring serious illness education modules to care at home organizations. The partnership represents the shared commitment of providing innovative solutions and resources across the care at home continuum. The partnership between Naveon and Axxess will support patients and families in understanding their illness and options for care, among others.
Home Health Care News: Emory Healthcare's At-Home Care Strategy (6/23) - DispatchHealth has formed a new partnership with Emory Healthcare to offer Emory patients follow-up and high-acuity medical care in the home. The forward-thinking health care organizations will need an at-home care strategy to ease access burdens for patients so that patients that need care, receive care. The partnership will allow Emory patients to request DispatchHealth for services and assistance with viral infections, COPD exacerbations, congestive heart failure and other ailments.
McKnights Home Care: Elara Caring Plans to Offer SNF-at-Home (6/22) - The demand for care in the home has never been greater than it is today, Scott Powers, CEO and chairman of Elara Caring, told McKnight’s Home Care in a Newsmakers podcast. In the next five years, the provider of home care services in 225 locations across 16 states is hoping to develop its skilled-nursing-at-home capabilities, grow its behavioral health offerings, and become a Medicare Advantage convener, a risk-bearing entity that builds networks and does utilization management.
Home Health Care News: WelbeHealth's Michael Le on the Future of Innovative At-Home Care Models (6/20) - WelbeHealth, a Program of All-Inclusive Care for the Elderly (PACE) operator, has improved health outcomes and lowered costs through preventive care. Dr. Michael Le, Chief Medical Officer of WelbeHealth, discussed their model and also touched on other care delivery models he finds interesting, and the importance of collaborations between PACE organizations and home-based care providers.
McKnights Home Care: The Future for Senior Care Within Medicare (6/20) - As of 2023, Medicare primarily covers home health care services that are considered skilled services. This includes medical services provided by health care professionals such as nurses and therapists. However, Medicare does not cover non-skilled personal care services, which are essential for seniors who require assistance with activities of daily living and instrumental activities of daily living. The future of senior care within the Medicare realm is more than likely to witness a greater integration of technology and coordination between home care agencies, hospitals, primary care providers, specialists, and community-based organizations. With such a rapidly aging population, there is a pressing need to adapt and expand Medicare’s coverage to meet the evolving needs of seniors.
Home Health Care News: SCAN Group CEO Sees Patient Engagement As Major Opportunity For Home-Based Care Providers (6/20) - During a panel at the Home Care Innovation + Investment Conference, SCAN Group CEO Dr. Sachin Jain noted one of the biggest opportunities that home-based care providers have today is to dive deeper into patient engagement. Home-based care has a unique ability to activate and engage patients with their own care because of the preferred setting it occurs in. Measuring that engagement provides an opportunity for innovation.
Harvard Business Review: A More Humane Model for Eldercare in the U.S. (6/15) - The U.S. health care system is not set up to improve the quality of life of the most vulnerable, chronically ill, elderly people, especially those who are poor. Older poor people often face loneliness, depression, a lost sense of purpose, and an inability to live independently in their homes. This article examines PACE Southeast Michigan, which lets older adults continue to live at home as long as possible, can serve as a model for improving the needs of this population.
McKnights Home Care: 'H' Sign, A Longtime Hospital Symbol, Now Stands for Home (6/15) - Andy Slavitt, former head of CMS says the home is replacing the hospital as the center of the health care system. During the Home Care Innovation + Investment Conference, Slavitt said: "We can say with good confidence ‘H’ is going to stand for home. It's not going to stand for hospital any longer." He noted that those services traditionally created as hospital wraparound services — everything from primary care to dialysis — are now shifting to the home.
Modern Healthcare: Home Health and Nursing Schools Partner as Care Moves to the Home (6/13) - Duke University launched a four-year program this spring with a $3.9 million federal training grant aimed at helping better prepare nurses for a growing trend in healthcare: treating patients where they live. Patient preference, technology and new health insurance payment models, such as value-based care, are driving health care into the home. Home health firms are becoming more proactive in reaching out to nursing schools about opportunities in health care.
Fierce Healthcare: Equality Health Rolls Out In-Home Care to Address Medical, Social Needs of Underserved Patients (6/12) - Equality Health, a company that aims to improve access to value-based care for underserved populations, launched a new program to provide staff for home-based care, delivered in-person and virtually, to patients facing complex medical issues. The Health at Home program aims to set patients up for success and bridge them back to the PCP for continuity of care, rather than replace their primary care doctor. The program generally runs for three months. The company's in-home services can help close gaps in care and support patients which then helps independent primary care practices succeed in value-based care and payment arrangements.
Home Health Care News: Home Health Providers See Age-Friendly Accreditation as Competitive 'Differentiator' (6/12) - Last year, the Community Health Accreditation Partner (CHAP) received part of a $2.3 million grant from The John A. Hartford Foundation (JAHF) to bring the Age-Friendly Health Systems movement to home-based care. Almost a year later, home health providers have implemented the framework and are seeing it as a potential differentiator moving forward. As more care is moved to the home, age-friendly advocates believe this is a way to elevate the industry as it gains a brighter spotlight. Beginning in April, home health providers across the country have had the option to achieve a certification for Age-Friendly Care at Home.
Chief Healthcare Executive: Mount Sinai Shares Lessons from Hospital-at-Home Program (6/12) - Mount Sinai launched one of America’s first hospital-at-home programs in 2015. Ania Wajnberg, associate professor in the department of medicine at the Icahn School of Medicine at Mount Sinai, told Chief Healthcare Executive in a March interview that she’s heartened by its progress. Mount Sinai has seen a low readmission rate and shorter hospital stays. Now, the key is to develop them to scale so they can serve more patients.
Fierce Healthcare: Simple HealthKit Inks Deal with Walmart to Expand Access to At-Home Tests (6/12) - Simple HealthKit has inked a deal with Walmart to bring at-home diagnostic tests, including diabetes, respiratory wellness and sexual wellness labs. Through Walmart's website, customers can purchase tests by Simple HealthKit's health care infrastructure including testing, follow-up and treatment. Walmart customers who order at-home testing will be provided with physician oversight through Simple HealthKit’s end-to-end system. Those who receive abnormal test results will be connected with a provider at no additional cost. Patients can also opt to review results and treatment plans with their preexisting primary care provider.
NEJM Catalyst: The Role of Home-Based Care in Tackling Social Determinants of Health (SDOH) (6/12) - Seeing patients in their homes can make a huge difference in assessing and addressing their social determinants of health, rather than just relying on office visits, says Chief Operating Officer for Optum Home & Community Care Kristy Duffey. House calls can surface issues that would not come up in the provider office, decrease hospital visits, and improve patient health. Kristy Duffey sits down with Edward Prewitt, Editorial Director for NEJM Catalyst, to discuss addressing SDOH in home-based and community care.
America's Health Insurance Plans (AHIP): Hearing Statement to Senate Finance Committee on Consolidation and Competition (6/8) - AHIP offered four recommendations to the Senate Finance Committee on Consolidation and Competition to support healthy competition and lower health care spending in the health care industry. Specifically, AHIP recommended reintroducing the Improving Access to Home Dialysis Act along with other efforts to support home dialysis. In addition to enacting supportive legislation, policymakers should withdraw support from legislation incentivizing higher dialysis prices. For additional coverage, see Health Payer Intelligence.
Home Health Care News: The Pros, Cons And Inevitability Of Caregiver Registries In Home-Based Care (6/7) - As in-home care providers try to keep up with the demand for services, companies that facilitate caregiver registries are hoping to fill a gap in an employee-needy marketplace. Hallmark Homecare is a North Carolina-based at-home care recruiting company that connects caregivers with patients. Essentially, companies like Hallmark Homecare maintain a database or registry of caregivers who have been screened, background-checked and evaluated on their skills and qualifications. Those companies then use referral sources to connect caregivers to patients in need of in-home care based on specific needs and preferences.
McKnights Home Care: Pennsylvania Master Plan for Older Adults to Include Home Care Input, Providers Say (6/5) - As part of the May 23 executive order signed by Gov. Shapiro, the Pennsylvania Department of Aging will be tasked with developing a 10-year plan focused on older adults before Feb.1, 2024. The Pennsylvania Department of Aging, alongside a working group made up of members of the state’s long-term care council, will be responsible for finding ways to eliminate barriers to advancement for older adult Pennsylvanians and identifying gaps in services and programs that have a negative impact on seniors.
Home Health Care News: Inbound Health Expands Into In-Home Post-Surgical Care For Elective Surgery (6/2) - Inbound Health, an enablement platform that helps health systems and health plans develop hospital-at-home and SNF-at-home programs, is expanding to include post-surgical care for general surgery. Through its expanded offerings, Inbound will take on patients who have received general surgery by meeting patients at the end of their surgery in an ambulatory surgery center, allowing them to recover in their home or meeting patients at the end of the surgery in an acute care setting, shortening their length of stay in the hospital by allowing them to recover at home.
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