POSTED ON MONDAY, July 20, 2020
Hospital readmission rates are the benchmark of success for post-acute care and long-term care treatment. According to the data released from Idaho-based market research and education firm Home Care Pulse, in 2019, 75% of home care agencies do not track their rates.
“Increasingly, though, home care agencies are taking care of clinically complex, chronically ill individuals, people who are constantly in and out of hospital settings. Additionally, agencies are starting to develop relationships with Medicare Advantage (MA) plans and accountable care organizations (ACOs), both of which seek to curb health care spending and keep their members in the lowest-cost settings possible.”
Click here for the full article.
About Corridor
Corridor is the nation’s preferred partner and trusted business advisor to at home care providers, providing quality services and impactful results for 31 years. Focusing on key operational, regulatory and financial challenges, Corridor delivers industry-unique solutions and deep expertise in coding, clinical documentation, compliance, billing and education.
For the most important industry updates and news that impacts home health and hospice, please make sure to sign up for our weekly newsletter to receive the latest up-to-date industry information direct to your inbox!
For additional information, please contact Corridor at 1-866-263-3795.
