More research is emerging indicating that patients are receiving hospice care too late. Corina Tracy, the COO of one large hospice provider, believes that data can help combat this trend, but that a larger cultural shift is called for as well, to make end-of-life care more “mainstream.”
VITAS Healthcare, the nation's leading provider of end-of-life care, has won the 2018 Process Excellence Network (PEX) Awards in the Best Technology-Enabled Process Improvement Project category for its mobile solution to improve patient experience. This globally recognized award recognizes success in projects where processes are improved and enabled by technology.
Home health care stocks posted double-digit growth in 2017, though they dipped slightly in the last month of the year. The Home Health Index, which tracks market values of three of the largest publicly traded home health care companies in the U.S.—Almost Family (Nasdaq: AFAM), Amedisys (Nasdaq: AMED) and LHC Group (Nasdaq: LHCG) —rose 18.68%, year-over-year, between December 2016 and 2017. Still the index shed 5.82% in December compared to the previous month, and was bested by the S&P 500 Index, which rose 1.36% in December.
Remote and video-enabled health care is becoming a critical cornerstone of health care delivery, according to a study released recently by Vidyo, Inc., a provider of embedded video technology. The study showed that 75% percent of respondents currently operate or plan to launch telehealth services in the year to come.