Unpaid caregivers are the backbone of society, providing an essential service, yet often feel invisible and without support. In recent years, that backbone is starting to break with research showing that 70% of caregivers, including parents and caregivers of adults, have at least one significant mental health impact. Even more worrisome, the same study indicated that more than half (52%) of those considered part of the sandwich generation - caring for an aging parent and a child at the same time
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Medicaid | Medicaid Patients | Medicaid Reform | Regulation, Policy, Analysis, Insights - HIT Consultant
Rethinking Behavioral Health Support in the ED: 3 Keys for Innovation
About one out of five Americans with serious illness struggled to access care during the pandemic, and rates were significantly higher among disadvantaged populations, a 2022 study found. Now, as mental health-related visits in emergency departments (EDs) continue to rise, healthcare professionals must consider: “How can we create better behavioral health supports for people in crisis?” It's a question that has significant implications for quality of care as well as cost. The High Cost of
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Accenture Report Reveals Staggering Health Inequities and the Role of US Healthcare Ecosystem in Addressing Them
What You Should Know: - Health equity – or the lack thereof – is one of the biggest challenges facing US healthcare organizations today. - A new report from Accenture, US health inequity: beyond the statistics, analyzes the role US healthcare ecosystem participants can play in addressing health inequities due to race and ethnicity. The statistics are staggering. Analysing Key Trends Concerning Health Inequities To understand the human and economic
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5 Trends to Look for in Healthcare Cost Transparency
Over two years have passed since the hospital price transparency rule was enacted. Unfortunately, America still struggles with high, painfully opaque pricing across healthcare that hurts employers, workers, patients, and taxpayers. The Centers for Medicare and Medicaid Services recently announced that in 2021, the nation spent $4.3 trillion on healthcare, nearly twice the average of other nations in the developed world. Noncompliance and price gouging still exist in a market where consumers are
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Healthcare in Denial: The State of Claims in 2023
How do you solve a persistent and growing problem like claims denials? It’s been a hot topic for revenue cycle management professionals for years that’s only getting hotter with the increasing pressures of staffing shortages, challenges with staff turnover and training and ever-changing policies and protocols at the government and payer levels. On the macro-economic level, denials contribute mightily to the growing problem of uncompensated care in America, currently estimated at $43
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AppliedVR Becomes First Virtual Reality Provider to Receive HCPCS Level II Code
What You Should Know: -AppliedVR, an immersive therapeutics (ITx) pioneer advancing a novel approach to medicine, today announced that the Centers for Medicare and Medicaid Services (CMS) established a unique Healthcare Common Procedure Coding System (HCPCS) Level II code (E1905) for its flagship product, the RelieVRx program. - Defined as a virtual reality (VR) cognitive behavioral therapy (CBT) device that includes pre-programmed therapy software, CMS’ coding decision categorizes the
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MedArrive, Ouma Partner to Bring In-Home Maternal Care to Vulnerable Medicaid Members
What You Should Know: - MedArrive today announced its collaboration with Ouma, one of the most mission-driven maternal health companies in the nation, which has the largest DTC network of maternal-fetal medicine providers (and other care specialists). - The collaboration aims to improve the health of pregnant women and their newborns, especially those at high risk, by adding a vital service to MedArrive’s growing ecosystem of specialty care providers that managed
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HHAeXchange Adds Six Solutions Providers to its Partner Connect Program
What You Should Know: - HHAeXchange, a provider of homecare management solutions for state Medicaid programs, managed care organizations, and providers has added six new solutions providers to its Partner Connect program. Founded in April 2021, Partner Connect is a leading-edge community built on HHAeXchange’s innovative platform, which allows the company’s customers to connect with complementary, industry-leading solutions providers whose products and services are designed to drive homecare
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OpenLoop Secures $15M for White-Label Telehealth Support
What You Should Know: - OpenLoop, a leader in white-label telehealth support services powering virtual and hybrid care across the country, today announced it has raised a $15M Series A funding. - The round was led by Nava Ventures, with participation from new investors UnityPoint Health Ventures and PrimeTime Ventures, and existing investors SpringTide Ventures and ManchesterStory. The company also announced a new nationwide insurance payer network that allows clients to offer reimbursable
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Opioid Settlements are Making Headlines; Is Now The Time to Soften Guidelines?
The United States only represents five percent of the world’s population; however, Americans consume 80 percent of the world’s opioids.1 The U.S. is the world’s leader in the use of opioid medications to cope with physical and emotional difficulties. And the recent Walgreens and Wal-Mart multi-state opioid settlement agreement disclosures have only hammered home the point. America continues to have an opioid addiction problem. In light of all these circumstances, the recent CDC
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