Nowadays, many healthcare leaders are juggling with opportunities and demands of a transforming market. Many new participants are disrupting the rank and traditional vendors are reinventing themselves. Care and payment models are changing. Post-acute care is nothing but a range of services which accomplish the care offered by an acute care hospital after major injury or illness. These services are needed by those patients who are not in life-threatening condition for longer time, but still demand better quality services and care for a fast recovery. This type of patients are generally settled to post-acute care such as hospice centers & home health, SNFs (Skilled Nursing Facilities),
Nowadays, many healthcare leaders are juggling with opportunities and demands of a transforming market. Many new participants are disrupting the rank and traditional vendors are reinventing themselves. Care and payment models are changing. Post-acute care is nothing but a range of services which accomplish the care offered by an acute care hospital after major injury or illness. These services are needed by those patients who are not in life-threatening condition for longer time, but still demand better quality services and care for a fast recovery. This type of patients are generally settled to post-acute care such as hospice centers & home health, SNFs (Skilled Nursing Facilities), LTACs (Long-Term Acute Care Hospitals), and IRFs (Inpatient Rehabilitation Facilities).
Huge number of modern healthcare systems and hospitals in the United States include the number of services which fall into the group of post-acute care. The major purpose of post-acute care services is to enhance the complete health condition of the patient and allow them to return to their day-to-day events that they participate in before injury or illness.
In the United States, maximum number of patients are covered with Medicare and Medicaid health insurance programs. Near around 40% of patients who are covered under such program are discharged from an acute care hospice to post-acute care settings such as SNFs (Skilled Nursing Facilities) or home health. Such settings offer major services but there are some specific criteria to guide decision about where patients should be treated.
Why post-acute care?
Acute care services interest in post-acute care corporations have improved since the Act of Affordable Care. PAC (Post-Acute Care) has always played a significant role in healthcare industry, offering long-term and rehabilitation care services essential to return patients to their health. However, the divide among PAC providers and hospitals, made by fee-for-service payment, has allow to a system where post-acute benefactors hold referral relations with hospitals rather than relations that increase potential for care management.
Likewise, acute care managers have traditionally lacked substantial financial foundation for stronger PAC relations. With fee-for-service, avoiding readmissions needs managers to cannibalize hospital capacities, and hiring care coordination staff adds to hospital without producing additional income.
The Affordable Care Act has increased the incentives for acute care organizations to work more closely with post-acute suppliers. Incentives to decrease hospital interval to stay united with all commitment to increase patient outcomes produced basic placement with post-acute care providers, however readmission penalties, risk-based payment models, and value-based purchasing have surged the significance of post-acute alignment.
Understanding the Post-Acute Care Strategy
To deeply understand the industry’s post-acute care policy, The Unites States top healthcare solution interviewed nearly 36 executives from more than 27 organizations, comprising health systems, post-acute care companies, professional associations, and health plans. Their insights offer a helpful roadmap for industries as they look to improve the post-acute care volume. The interviewed heath care systems approve that quality initiatives and partnerships are major elements of a post-acute care policy:
Maximum number of health system’s primary clinical improvement efforts have concentrated on the quality such as:
Some interviewed health care plans are live in post-acute care, however this is not the standard. Many number of health systems believe that their medical management aspects are rationally effective at directing quality and cost for their Medicare Advantage populations. Also, any added responsibility for gaining post-acute care quality and cost falls to health care systems. Where, other health plans plays more important role in post-acute care performance by emerging innovative clinical models and different decision-making tools.
Post-Acute Care future Trends
The trend toward raising importance of post-acute care has been stirring for some time. And it is expected to remain for the predictable future. The population is aging, and this is increasing many cancer and joint replacements treatments. Wearable technologies and mobile monitoring offer prospects to manage post-acute care in patients’ home. Furthermore, the patients also gradually demand improved services at home. Strategy managers should know the opportunities available to improve quality, cost-effective treatment options and to follow them.
The US Post-Acute Care Market
The U.S. healthcare strategies provide reasonable and practical intellect of economy that includes the necessary trends and enhances opportunities. The analysis aims to offer advice which is appropriate post-acute care statistics involved with the sector. It is reviewed consumer buying parameters, patterns, market demand and post-acute care growth ratings, and also leading countries over the forecast. The service provide a complete analysis of the market volume and also the geographical landscape of the business.