At CareVoyant, we have a strategic focus on improving operational efficiency and have made it a central theme of our development efforts. We empower home care agencies with features that will help them do more with less across care coordination, scheduling, and revenue cycle management functions. This article looks deeply at how each functional area can contribute to optimal reimbursement and accelerate cash flow.
A Home Care Agency's management should look at defining KPIs in client acquisition, staff recruiting, deployment, marketing, and financial performance. These KPIs will help agencies measure, monitor, and manage the operations and give them the ability to focus on improving operational efficiency and growth.
Improving operational efficiency in scheduling, clinical documentation, and quality assurance will impact the bottom line of Home Care Agencies. In this article, we discuss the five steps home care agencies can take to improve the utilization of clinicians' time. Home Care Agencies should look for a software platform that will provide the right tools to enhance clinicians' productivity.
Rising demand for home healthcare services, changing business models, the shift of higher acuity care services to the home, changing role of home care software to improve agency operations, and the impact of labor shortage on home care are some of the trends that will define home healthcare industry in 2022
