What You Should Know: - Healthcare profit pools are expected to grow 4 percent annually resulting from $654 billion in 2021 to $790 billion in 2026, according to a new McKinsey report. - The report reveals inflation is not transitory and the economic outlook has meaningfully darkened due to a healthcare worker shortage and endemic COVID-19. What to expect in US healthcare in 2023 and beyond The US healthcare industry faces demanding conditions in 2023, including
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Unlock the Full Potential of Inpatient Bed Capacity with AI
Every day, hospital staff do the best they can to navigate the daily chaos of bed management by making educated guesses as to what is going to happen over the course of the day. Relying on team huddles throughout the day, staff pore over Excel or paper spreadsheets to predict how many beds will open up and when. They try to estimate demand for those beds by the time of day, unsure when to deploy “surge capacity.” On some days, this method works out well. However, more often than not, the staff’s
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KLAS: Home-Based Post-Acute Care and Facility-Based Post-Acute Care Trends
What You Should Know: - The homecare market has surged as healthcare organizations have sought to maintain quality patient care throughout the pandemic and fulfill requirements for value-based reimbursement, according to the latest KLAS report. Organizations are looking to expand their homecare offerings; however, the pandemic has exacerbated staffing shortages and decreased bandwidth, making operations—let alone growth—difficult. To help organizations understand how peers are approaching the
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PointClickCare & Pfizer Launches Real World Data Collaboration
What You Should Know: - PointClickCare announced a collaboration with Pfizer Inc. to provide real-world insights for vulnerable populations at high risk of age-related disorders (including Cachexia) – further enhancing PCC’s mission to protect and support the senior population. - With coverage approaching 70% of the long-term and post-acute care (LTPAC) market, PointClickCare is uniquely positioned to provide life sciences companies, like Pfizer, with outcomes-based evidence through
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Quality vs. Quantity: The Case for Clinician-Centric Technology
Care providers continue to face mounting pressures – from increasing staffing shortages to balancing patient needs across in-person and virtual settings and managing pent-up patient demand. Rather than navigating through fragmented digital solutions that feed care providers disparate data, more and more clinicians now rely on connected technology to access the care context, i.e. the right patient data translated into reliable actionable insights at the right point in their workflow. To truly
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Michigan Health Information Network Taps PointClickCare to Expand Its Network Throughout Michigan
What You Should Know: - The Michigan Health Information Network (MiHIN), the nonprofit state-wide health information network, recently announced that it is partnering with PointClickCare Technologies, the largest post-acute electronic medical record vendor in the country, to advance and deepen healthcare collaboration, care coordination, and interoperability by offering access to real‐time insights at any stage of a patient’s journey. - Although Michigan has experienced
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KLAS: Post–Acute Care EMR Product Suites 2022 Trends to Watch
What You Should Know: - A new report from KLAS examines what solutions are offered, how they are being adopted, and how well they meet setting-specific functionality needs (particularly for home health and LTC/SNF) - The KLAS report mainly focuses on vendors specific to post-acute care but also provides a brief look at the post-acute care solutions of enterprise acute care EMR vendors. Trends Concerning Post-Acute Care EMR Product Suites in 2022 Most providers in post-acute care
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Luna Unveils Value-Based Savings Orthopedic Program
What You Should Know: - Luna, the leading in-home physical therapy (PT) platform, today announces the launch of a value-based savings program for orthopedic practices to reduce post-acute care costs by 55-70%. - Top orthopedic groups are turning to Luna to reduce costs and deliver this innovative, in-person form of care, including Hoag (Orange County), Resurgens Orthopaedics (Atlanta), and dozens of others. Using At-Home PT Services To Reduce the Cost of Orthopedic
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Olio Health Raises $13M for Post-Acute Engagement for Health Systems
What You Should Know: - Olio Health, an Indianapolis, IN-based workflow and collaboration platform for the post-acute care and population health industry, raised $13m in Series A funding. - The round was led by Fulcrum Equity Partners with participation from Mutual Capital Partners. The company intends to use the funds to further accelerate its growth through product development and key hires across multiple departments. - Led by Ben Forrest, CEO, Olio provides a platform for
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Netsmart Acquires SNF Claims Data Analytics Solution CORE Analytics
What You Should Know: - Netsmart announced that it has acquired CORE Analytics, the industry-leading skilled nursing facility (SNF) claims data analytics offering from Zimmet Healthcare. - With the addition of Core Analytics, Netsmart Simple™is now the only solution suite in the market capable of calculating quality measures and Five-Star ratings leveraging Minimum Data Set (MDS), Payroll-Based Journaling (PBJ) and UB-04 claims data. Software Solutions to Problems in
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