The home care industry is changing. Its role in the overall health care system is growing, but the question is whether home care providers are doing enough to keep up with that growth. This is reflected in the contrast of client and caregiver growth. Its reflected in the urgency to get into value-based models, despite …
Home Care Industry Sees Client Growth Rate Spike, Caregiver Growth Rate Drop Read More »
The way in which home care agencies are finding and hiring caregivers is evolving. Over time, word-of-mouth recruitment via current employees is having a lesser impact on overall hires, while job hiring sites like Indeed are having a greater impact. Of the top 10 caregiver recruitment sources last year, Indeed – between free and paid …
Why the Shifting Trends In Home Care Recruitment Could Be Problematic Read More »
An overwhelming majority of home-based care professionals say that the hiring environment is not improving at the start of 2022. In a LinkedIn survey conducted by Home Health Care News, 62% of 377 total respondents said the hiring environment is not getting better, while only 21% said it was getting was. About 16% said they …
Majority of Home-Based Care Professionals Not Seeing Staffing Improvements Read More »
Home care providers looking to use operational data to grow will need to learn how to sort through the clutter. Simply put, operational data is the data that is gleaned from an organization’s day-to-day operations. While data can be a useful decision-making tool, it’s important for providers to understand the information they’re looking at in …
Why Operational Data is Yet Another Tool Home Care Providers Overlook Read More »
The next year will be a big one for home care. There will be increased opportunities for agencies with a larger national spotlight shone on them. Meanwhile, there are both legal threats and advocacy efforts that should be top of everyone’s mind, Home Care Association of America (HCAOA) CEO Vicki Hoak said during Home Care …
Several Government Agencies are Increasingly Targeting Home Care Agencies Read More »
Home care agencies saw client turnover spike in 2021, though not necessarily for negative reasons. Operators at the same time saw caregiver churn remain mostly flat, despite the ongoing labor pressures associated with the COVID-19 pandemic. That’s according to preliminary data from Home Care Pulse’s annual benchmarking study. Executives from the Idaho-based firm previewed these …
Home Care Agencies in 2021 Saw Client Turnover Spike, Caregiver Churn Stay Flat Read More »
The personal home care industry has received unprecedented recognition and praise over the last two years. President Joe Biden and Vice President Kamala Harris explicitly mentioned home care – and home care workers – on the campaign trail and after inauguration. “Just the fact that a sitting president is talking about home care is huge,” …
Home care providers have been given the best gift they could ask in early 2022: attention. They’ll still need to do their part to capitalize on it, however. In retrospect, 2021 was a banner year for home care. The public health emergency pushed the industry out of the shadows — and even the Biden administration …
Two new reports have contextualized the home-base care industry’s staffing crisis, and the numbers are staggering. — From PHI and the Health Workforce Research Center on Long-Term Care: Of the 13.7 million workers who, during the first three months of the pandemic, were displaced from occupations with similar entry-level requirements to direct care, only 9.1 …
How Home-Based Care Agencies are Boosting Staff Applications by 72% Read More »
Home care agencies are often tasked with helping seniors keep up with their activities of daily living (ADLs). But in recent years, a number of specialized training topics have become the key focus of providers looking to strengthen the type of care they’re delivering. One of these topics is Alzheimer’s disease and dementia training for …
One of the home care industry’s top research and education firms is looking to take its game to the next level. Private investment firm Cressey & Company announced Wednesday that it’s making “a significant investment” into the Rexburg, Idaho-based Home Care Pulse. Exact terms of the investment were not disclosed. Founded in 2008, Home Care …
Cressey & Company Makes ‘Significant Investment’ in Home Care Pulse Read More »
Home care hasn’t always had a reputation for great employee perks or benefits packages, but a handful of providers are beginning to change that. In other sectors, including the technology and startup worlds, perks like free daily meals, access to wellness programs and 401(k) matching, with stock options, are relatively common. Some home care operators …
Alliance, Royal Care Slash Caregiver Turnover by Investing in Creative Benefits Read More »
The home care industry is rapidly changing. Perhaps nowhere is that change more evident than in the payer mix of home care operators. Historically, “home care” has often been thought of as a private-pay offering, something separate from other senior care services that are covered by Medicare, Medicaid or private insurance. But agencies have clearly …
Home Care Leaning Less on Private Pay, More on Government-Funded Programs Read More »
On Thursday, members of the Senate Committee on Health, Education, Labor & Pensions held a subcommittee hearing to address the dire shortage of health care workers in the U.S. The hearing, led by Sen. Bernie Sanders (D-Vt.) and Sen. Susan Collins (R-Maine), addressed labor shortages in primary care, behavioral health and more. Lawmakers, however, stopped …
Turnover rates in the home care industry have taken an up-and-down rollercoaster ride over the past few years, jumping from 66.7% in 2019 to 81.6% in 2018, then falling back down to 64.3% in 2019. Yet in 2020, turnover across U.S. home care agencies remained mostly flat, climbing ever so slightly to an overall rate …
‘A Huge Victory’: Home Care Turnover Remains Stable at 65.2% Read More »
The ongoing COVID-19 pandemic dominated headlines in 2020 — and rightfully so. But there were plenty of other storylines that defined the year, including the launch of the Patient-Driven Groupings Model (PDGM), the conclusion of a hotly contested presidential election and the execution of multiple industry-shaping transactions. These are nine of the most overlooked stories …
Beyond the Pandemic: 9 Overlooked Stories from 2020 Read More »
Despite the operational and financial challenges caused by the COVID-19 virus, hardly any private-duty home care agencies plan on going out of business. Instead, most agency leaders believe they’ll actually grow their business over the next five years, both in terms of census and new locations. That’s according to recent statistics that Home Care Pulse …
‘Without a System, You Can’t Win’: Data-Tracking Tips for Home Care Agencies Read More »
CareBuilders at Home — the non-medical home care division of ATC Healthcare — has announced a strategic growth plan across the U.S. The Lake Success, New York-based franchise currently has 13 locations. It is targeting to add more in Michigan, Illinois, Texas, Pennsylvania, New Jersey and California, specifically in the Bay Area. The vast majority …
After weeks — in some cases, months — of closures due to the coronavirus, businesses across the U.S. began reopening in early June. But by July, many of those same businesses were forced to go in the opposite direction, thanks to a national resurgence of COVID-19 cases. As shops, manufacturing plants and warehouses again attempt …
Home Care Companies Create New Revenue Streams by Helping Businesses Safely Reopen Read More »
Hospital readmission rates are one of the most important markers of success in the post-acute and long-term care spaces. But a large number of home care agencies still don’t keep track of those metrics. Overall, 75% of home care agencies did not track readmission rates at all in 2019, according to recently released data from …
Only 25% of Home Care Agencies Track Hospital Readmission Rates Read More »
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