HHCN’s annual outlook survey reveals a few things you should know about the industry. Including: The financial health of the industry, staffing shortages, and cost of care. The article is also chock full of strategic and tactical tips and insights from top industry leaders. Interested in attending but unable to attend in person? Buy a virtual ticket to gain access to the audio recordings within 48 hours of the event.
HHCN’s annual outlook survey
The annual outlook survey from Home Health Care News (HHCN) sheds light on the top challenges and opportunities facing the home health and hospice industry. According to the survey, industry stakeholders are prepared to address a variety of issues, including staffing issues and technology investments. In this article, we’ll look at some of the most important issues facing the industry in the coming years. Read on to learn more. Here are some of the most important findings from the survey.
Home Health Care News, a leading B2B media company dedicated to advancing the death care industry, released its annual outlook survey results today. The survey results highlight the latest trends and challenges facing the industry, including the growth of home care as a market, COVID-19, and price transparency. In the survey, more than half of respondents expect to increase their use of contract clinical staff in the next three months. Conversely, 27% expect that the number of contract clinical staff will decline.
Industry’s financial condition
The Medicare Payment Advisory Commission’s (MedPAC) March report predicted that margins for Medicare-certified home health agencies will remain strong or improve through 2021.
However, the report is based on estimates from prior years and extrapolates based on anecdotal reporting in the industry. Despite the industry’s predicted margin growth, many home health insiders maintain that these estimates are inflated.
The report included … Read more