Ranked at the largest home health provider in the country in 2019 by LexisNexis, Kindred at Home operates under the umbrella of Humana Inc. (NYSE: HUM) Like many providers, Kindred at Home has leaned on telehealth use during the COVID-19 emergency.
“We’ll continue to be flexible, creative and resilient.” Myers made her comments at the National Association for Home Care & Hospice’s 2020 Financial Management Conference, which was held virtually due to the COVID-19 emergency.For Baltimore, Maryland-based Johns Hopkins Home Care Group, utilizing lessons learned from the public health emergency and understanding how it fits into the company’s business model moving forward has been crucial.“For example, prior to the pandemic, we were preparing for a huge expansion of our facilities,” Myers said. Kindred Healthcare to Be Acquired by TPG Capital, Welsh, Carson, Anderson & Stowe and Humana Inc. for $9.00 Per Share in Cash When she isn’t reporting the latest in home health care news, you can find her indulging in her love of vintage clothing, books, film, live music, theatre and reality tv.On the heels of the Patient-Driven Groupings Model (PDGM) taking effect, the in-home care market is forging a new path ahead in 2020.Within today’s regulatory climate and changing payment landscape, home health care agencies are tasked with finding new paths toward growth. Kindred at Home’s focus will also be on redesigning the company’s clinical innovative programs.“We will be focusing on building out new clinical design programs that will have a lot of the technology associated with it,” Causby said. The ability for these patients not to have to end up back in the ER or an acute setting will change how clinicians think about being task-oriented.” On the vendor side, all of this means budgeting for more growth.“As a technology provider, we are budgeting for even more growth next year,” John Olajide, founder and CEO of Axxess Technology Solutions, said at the event.
Keep up to date with KHRS by following us on social media. As part of its survey, Black Book Research also asked more than 4,000 users who the top-ranked vendors were in 15 service categories, from Anesthesia Departments to Laboratory Support to Supply Chain & Pharma Distribution. “We’re continuing to hire as our business grows rapidly, not just in the U.S. but globally as well. Only 8% of clients in 2018 reported dissatisfaction in meeting expectations that forced contract terminations.A supplemental poll of vendor executives as part of the survey found an average three-fold increase in requests for outsourcing proposals since the fourth quarter of 2017.“As hospitals look for ways to reduce costs, particularly implementing value-based care programs, outsourcing is a valid strategy to achieve a financially healthier organization,” said Brown.
Roseville, California-based Always Best Care is a home care franchise company that operates across 209 territories in 30 states.As part of its COVID-19 strategy, Always Best Care has placed a greater emphasis on infection control — something that will play a larger role for all in-home care providers in 2020 and beyond, according to Sheila Davis, the company’s senior executive vice president of operations.“One thing that we have learned within our businesses is that you have to be mindful of — and protective of — not only the clients but also of your employees as well,” Davis said at the Financial Management Conference.While infection control has always been a major aspect of home health, the public health emergency has pushed this to center stage on the Additionally, amid the COVID-19 emergency, there have been a number of regulatory exceptions, waivers and other changes.For Kindred at Home, the Centers for Medicare & Medicaid Services (CMS) and its move to broaden the definition of “homebound” under home health rules has been critical, according to David Causby, the company’s president and CEO. “We’re already starting to look at how we would redesign those clinical innovative programs to possibly care for seniors over a much longer period of time.
“What we realized is that we really did not need as much space as we thought.
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“I think with COVID and … the homebound status relief, we’re really starting to see some real qualitative outcomes, in regards to being able to treat seniors in their home.” Atlanta-based Kindred at Home provides home health, personal care and community care services in almost 800 locations across 40 states. And in some areas, they can improve financial throughput by reducing several critical cost factors, including emergency room visits, stay lengths, readmissions and claim denials.The right vendors have also been shown to improve areas such as patient engagement, regulatory compliance, employee retention, and clinical effectiveness and quality metrics.As part of its survey, Black Book Research also asked more than 4,000 users who the top-ranked vendors were in 15 service categories, from Anesthesia Departments to Laboratory Support to Supply Chain & Pharma Distribution.
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