Since its inception (circa 2006), Home Health Care has changed dramatically, Medicare’s payment policy moved away from Fee-for-Service (FFS) to Managed Care. This shift in Federal Policy has initiated Home Health agencies to adapt and change their business model toward more efficient and effective care providers. It has also fundamentally transformed how agencies present themselves to physicians and get referrals.
The journey from FFS to managed care and organized structural policies is worth revisiting. This thought-provoking journey gives an insight into gradual change in the Home Health Community. With a similar vision, the research team at Home Health Notify has compiled an eBook;
Reading it will hopefully create awareness, on the Why and When the federal policies were formulated and Whom did it target. The detailed data and graphs help identify how random processes by the U.S. Government were denting the economy without making Health Care Providers responsible for quality care.
How the growing elderly population, and limited budget, forced the U.S. Government to seek innovative solutions, which helped them drastically improve healthcare with lesser funds. The costliest feature of patient healthcare has been Hospitalization. The most practical solution was to seek resolutions within healthcare to prevent unnecessary hospitalization. That is not all, with several streamlined policies the government focused on quality care and also incentivized Home Health Industry for the dollar saved.
It presents an opportunity for home health care agencies like ours to take advantage of the changing landscape and will provide a direction and justifies the need to focus on one uncompromising fact which is: PREVENT UNNECESSARY HOSPITALIZATION.
Tighten your seatbelts to dive into the world of Home Health Care, and understand the evolution from unorganized work culture to the current setup. The book also explains how the Home Health Industry has become an epicenter of Health Care for the elderly in the country.
Let us know your thoughts and as always look forward to your feedback and suggestions on how we can improve our service towards achieving one common goal – PREVENTING UNNECESSARY HOSPITALIZATION.