Emerging technologies such as predictive analytics and interoperable electronic medical records (EMR) will become an essential part of how hospices and other providers do business, particularly as the system moves closer to value-based payment models, according to Bill Miller, board chairman and CEO of the post-acute technology company WellSky. WellSky is jointly owned by two […]
Hospices have increasingly leveraged technologies to support their clinical and business operations as they face challenges brought on by the novel coronavirus pandemic. The pandemic may be accelerating a digital shift in operations as providers absorb COVID-19 impacts on technology utilization, with the business of hospice anticipated to run more virtually in coming years. The […]
When a hospice patient suffering from dementia began to hoard milk and other fluids, he was almost asked to leave the skilled nursing facility caring for him. But hospice staff trained in trauma-informed care recognized his fear response and pursued interventions, bringing the patient relief and allowing him to remain in the place he called […]
Health care technology company WellSky, which works extensively in the hospice and post-acute care space, has inked a definitive agreement to purchase CarePort Health from its parent company Allscripts (NASDAQ: MDRX) for the sum of $1.35 billion. CarePort develops software platforms designed to better connect post-acute care providers with payers. The acquisition is expected to […]
Incomplete or inaccurate patient documentation poses risks both to hospice patients and their providers. These errors can jeopardize patient safety, lead to delays in treatment and adversely impact payments to hospices from Medicare. Incorrect documentation also attracts regulatory scrutiny. Submitting inadequate or incomplete required written documentation is a sure-fire way to bring surveyors or auditors […]
Health technology company WellSky and its parent company, the private equity firm TPG Capital, have signed a definitive agreement to bring on Leonard Green & Partners as a capital partner. Financial terms of the transaction were not disclosed, but TPG Capital will make a new equity investment in WellSky. Leonard Green is a Los Angeles-based […]
Allocating protective personal equipment (PPE) to staff has been an ongoing difficulty for hospice providers as they contend with dwindling supplies and increased costs as the coronavirus pandemic continues. Emerging technologies such as heat mapping are showing promise in helping hospices to identify geographic areas hardest hit by the novel coronavirus and in the greatest […]
Even as COVID-19 puts new staffing pressures on hospice and palliative care providers, organizations continue to wrestle with ongoing staffing shortages. While organizations respond to the pandemic, the business of hospice continues — including the need to control routine issues such as staff turnover. The United States has 13.35 hospice and palliative care specialists for […]
Data management and analysis will become increasingly important as hospices move gradually closer to working in value-based payment environments. While current Medicare Hospice Benefit isn’t going away anytime soon, it stands to reason that at least a portion of hospice business will include a wider range of payment models, particularly with the advent of Primary […]
Lenexa, Kan.-based health care technology company WellSky has forged a partnership with reimbursement solutions firm CompanyMileage to develop systems designed to improve the efficiency of employee travel for hospice and home health companies. The companies report that the system has reduced mileage reimbursement costs for some organizations by as much as 30%. WellSky is a […]
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