COVID-19 provided the post-acute care industry the opportunity to shake the healthcare market by turning the world’s attention to the home-based care model.
It has been shown that the home-based care approach can boost patient satisfaction, lower cost, and improve the quality of care versus providing care in a hospital setting. However, there have been some challenges in potentially growing the home-based care market.
According to a recent Moving Health Home report, a few barriers for the home-based model are:
- Uncertain regulatory environment post-COVID-19
- Overly restrictive requirements for the hospital at home programs
- Significantly variability in requirements for providers across state lines
Because of Covid-19 and patients having to stay at home, CMS and Congress decided to lift the limitations of telehealth for Medicare; providers quickly turned to post-acute care and telehealth to deliver patient care. Also, regulators expanded the coverage for health services which opened the door for hospital-level care at home.
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KanTime Healthcare Software is an American-based healthcare technology company that is the fastest-growing post-acute software provider in the nation with over 900,000 patients, 210,000 users, $12.9B in processed claims, and 70M annual visits.