A quality employee base is important in every industry, but in home care, it’s an absolute necessity. Providers invest a lot of time into managing their caregivers, from ensuring they have the right certifications to maximizing each aide’s schedule. Provider agencies that don’t manage their caregivers efficiently and effectively could lose out on revenue and billing opportunities, impacting their bottom line in the long run.
Caregiver burnout is a significant industry problem, with 40-60 percent turnover rates in home care agencies leading to an estimated $5 billion in turnover costs each year. Aides who feel overworked or who are paired with clients who are ill-suited to them – and therefore difficult to manage – may be more likely to leave an agency. Agencies need to leverage the available technology and processes to address these challenges and retain quality talent. Read More