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… Read More »Home Care Leaning Less on Private Pay, More on Government-Funded Programs
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… Read More »Senate Hearing on Health Care Workforce Shortages Offers Little Discussion Around Home-Based Care
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… Read More »‘A Huge Victory’: Home Care Turnover Remains Stable at 65.2%
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… Read More »Beyond the Pandemic: 9 Overlooked Stories from 2020
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… Read More »‘Without a System, You Can’t Win’: Data-Tracking Tips for Home Care Agencies
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… Read More »‘We’re Not Providing a Luxury Service’: No-Nonsense Home Care Model Helps CareBuilders Grow Amid Economic Downturn
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… Read More »Home Care Companies Create New Revenue Streams by Helping Businesses Safely Reopen
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… Read More »Only 25% of Home Care Agencies Track Hospital Readmission Rates