One of the more overlooked ways to save on healthcare costs and improve patient outcomes is a solution most Americans already want. Over 82 percent of Americans say they prefer to stay at home even after they begin to need day-to-day assistance or ongoing healthcare, according to a study by the AARP.
Home care offers a wide array of options that allow Americans to avoid extended hospital stays or assisted living centers. Services not only reduce cost, they can also be tailored to provide whatever amount of help people need to perform their daily activities in a more stress free environment.
Unfortunately, the healthcare system is primarily built around institutional solutions, such as extended hospital stays, assisted living centers, and nursing homes. When it comes to home care, patients and their families are often confused about what options are available to them. They don’t know where to find reputable providers and they struggle to make sense of their home care coverage under private and public health plans.
But things are starting to change for the better when it comes to integrating home care into our country’s health system. For one, the U.S. government has stepped in and begun to penalize hospitals for avoidable readmissions under Medicare. This approach helps redirect hospitals’ financial incentives and makes them more willing to refer patients to home care providers. It also gives hospitals incentive to continue working with those providers to ensure patients remain healthy enough to avoid return trips.
CareCentrix is working to become part of the solution through streamlining the home care delivery process and serving as a single point in order to help patients and their families managing the byzantine healthcare system. This coordinated care delivery results in an average savings of 10 to 20 percent for clients and a 36 percent reduction in hospital readmissions.
For patients, while some hospital/facility visits are unavoidable, having a more efficient transition between hospital and home can reduce trips to the hospital, resulting in savings across the board, including time, frustration and money. Improved technology and connectivity will also continue to expand the range of diagnostic and treatment options available at home.
It is essential to prioritize home care as part of our national dialogue on healthcare and as part of our healthcare system. Doing so ensures we can expand access to healthcare, reduce costs, deliver better patient outcomes, and allow Americans to age from the comfort of their own homes.