The bereavement care tech company Betterleave has secured $2.4 million in a funding round led by Chingona Ventures. Austin-based Betterleave Bereavement launched as a venture capital-backed startup in March 2022. The company’s bereavement care platform is designed as a benefit that companies can offer their employees who have lost a loved one, a pregnancy or […]
With burnout as a major cause of turnover, hospices are applying technology to take some of the pressure off of staff in hopes of boosting retention. A frequent goal is reducing the amount of time spent on documentation. Though complete and accurate documentation is essential to regulatory compliance, patient safety and securing payment, the sheer […]
The health care technology company WellSky has acquired the post-acute care software firm Experience Care. Financial terms were not disclosed. Experience Care has developed an electronic health record (EHR) platform and financial solution designed for long-term care facilities. The system can also help long term care operators ensure that residents receive appropriate care at the […]
Tidewell Hospice, an affiliate of Empath Health, has enhanced its clinical training program with a simulation lab in its Bradenton, Florida location. The lab is designed to give new hospice clinicians hands-on experience and hone their skills before they go out to engage directly with patients and families. A centerpiece of the lab is two […]
The next generation of hospice CEOs will need to be data-savvy to succeed. Data is more crucial to hospice businesses than ever before when it comes to payer and referral partner contracting, compliance and building their census. In negotiations with Medicare Advantage plans, for instance, hospice and palliative care providers will need to demonstrate their […]
Hospices are leveraging predictive analytics to get a clearer picture of their performance amid regulatory pressures. Hospices have relied on data to enhances their ability to assess the quality and quantity of bedside care delivered during a patients’ final days. This includes two key quality measures: Hospice Visits in the Last Days of Life (HVLDL) […]
Hospices and tech companies are increasingly collaborating to help ensure patients receive the right care at the right time and to build efficiencies into care delivery. Artificial intelligence and predictive analytics in particular are gaining in prevalence. A rising number of providers are applying these systems to identify hospice-eligible patients more quickly, as well as […]
Hospices are seeking solutions to protect themselves and their patients against cybercrime. Data breaches can have widespread implications, including violations of patients’ privacy and substantial financial losses for providers. In the United States, the average cost of a cyberattack on a health care provider reached $15 million in 2019, a study in the journal Healthcare […]
Technology firms Empathy and Sharecare (NASDAQ: SHCR) have partnered to expand the benefits that companies can offer to bereaved employees. Sharecare offers a platform that is designed to unify all the elements of an employee’s benefits to help them navigate their continuum of needs. Through this partnership, employees will be able to access Empathy’s bereavement […]
Hospice providers have increasingly turned to technology to connect with hard-to-reach patients, streamline back-office functions and stay ahead of the curve on worsening health conditions. Many operators have likewise leveraged tech to better engage employees in hopes of stronger recruitment and retention. The year ahead is likely to bring significantly more technology investment as well, […]
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