Home Health & Hospice Weekly News Roundup

Our weekly list of news, reports, and information about home health and hospice care. Learn about new studies, trends, CMS regulations and more.

Telemedicine Market is Likely to Clock a CAGR of 14.5% from 2014 to 2020

The global Telemedicine Market is prognosticated to grow in upcoming years owing to several factors. The market includes big and small players, which market the scenario highly competitive. The key players in the global telemedicine market include InTouch Technologies, Inc., Allscripts Healthcare Solutions, Inc., Cisco Systems, Inc., Siemens Healthcare, and Honeywell HomMed LLC. The major players are likely to capitalize on the growing economies so as to benefit from the untapped market potential. The global telemedicine market was expected to flourish at a robust CAGR of 14.5% within the forecast period from 2014 to 2020. In 2013, the market was evaluated to be of worth around US$14.3 bn. This value is expected to rise around worth of US$36.3 bn by the end of 2020. Thus, the market is expected to showcase a lucrative potential for the market players in the forthcoming years.

Home Health Care Providers Market Expected to Witness Several Innovative and Technologically Advanced Products in the Coming Years

HTF MI released a new market study on Global Home Health Care Providers Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand in-depth analysis. “Global Home Health Care Providers Market by Type (, Custodial Care & Skilled Nursing Care), by End-Users/Application (Older Persons, Patients after Surgery, Mothers and Newborns, Mentally ill Adults, People with Disabilities & Others), Industry Size, Organizations, and Region – Forecast and outlook to 2025”. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, focused opinions, details, and industry certified market data. The research study provides estimates for Global Home Health Care Providers Forecast till 2025*. Some of the key players profiled are National Health Service, Kindred Healthcare, Genesis HealthCare, Brookdale Senior Living, Healthsouth, Golden Living, Almost Family Inc, Abbott Laboratories, Sunrisemedical, 3M healthcare, Finlandcare & VNAA etc.

Rising Number of Industrial Applications to Foster the Growth of "Home Healthcare Software Market 2018-2026"

The report provides a valuable source of insightful data for business strategists and competitive analysis of Home Healthcare Software Market. The study covers important knowledge that makes the analysis document a handy resource for managers, analysts, business consultants and different key individuals get ready-to-access and self-analyzed study in conjunction with graphs and tables to assist perceive market trends, drivers and market challenges. It also highlights the restraints and opportunities expected to influence the market’s growth during the said period. The study provides a holistic perspective on the market’s growth throughout the above-mentioned forecast period in terms of revenue(in US$ Mn) and Volume (Thousand Units), across different geographies, including North America, Europe, Asia Pacific, Middle East & Africa, and South America. The Home Healthcare Software market report has every minute detail required for studying the Home Healthcare Software market prominence provided in a very clear and understandable approach. The current record details everything whether intricate or simple in a structure of product and supply statistic, product type, economic fluctuations, product relevance, end-users, key industry players, geographical growth, and more.

Hospice Groups: CMS Should Reconsider Payment Rate Calculation Methods

The proposed Medicare reimbursement rate hikes for some levels of hospice care is a positive move, according to comments on the 2020 proposed rule submitted to the U.S. Centers for Medicare & Medicaid Services (CMS) by hospice industry organizations, but they also voiced concerns regarding how those rates are calculated as well as the potential for increased regulatory scrutiny of higher-acuity care. CMS in late April released its annual proposed rule that outlines the agency’s regulatory priorities for hospice in the coming year, including payment rates. The rule called for a 2.7% cut in routine home care payments and a corresponding 2.7% increase in payments for continuous home care, general inpatient care, and inpatient respite care. A key motivator for the revisions: Current rates for those three service levels amount to less than the cost of providing those types of care. However, the corresponding cut to routine home care payments could end up costing hospices, because more than 90% of the care they provide falls into that category.