The healthcare industry is moving from a fee-for-service model to a new value-based care approach focused on improving patient outcomes and rewarding quality care. Homecare payers and providers must also prepare for this shift as compensation for in-home patient care will be based on keeping patient populations healthy, rather than on the number of services performed. HHAeXchange is helping payers and providers deliver value-based care while also providing quality metrics to track provider and payer success.
Our web-based platform is designed to help empower agencies with a new value-based care tool that prompts caregivers with patient-specific questions that are reported back to the agency. Using this data, agencies can stay up-to-date on the status of their patients and track census trends in order to reduce readmissions and unnecessary hospitalizations.
HHAeXchange comes with built-in reporting and BI tools that automatically track the quality metrics that correlate with improved patient outcomes. This way, payers can reward providers who are delivering better value-based care and identify struggling providers.
Proving value is a challenging undertaking on top of the day-to-day workflows necessary to run a successful homecare business. Automating key business functions, like overtime management, billing audits, and care compliance plans, will not only free up time and ensure accuracy, it will also allow more effective reporting, resulting in better opportunities to show value for providers and payers.