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View All ProductsHealthStream’s learning management system and comprehensive suite of competency management tools empower your healthcare workforce to deliver the best patient care.
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Learn MoreAs America ages at an increased pace, the impact will be felt across the care continuum. Senior living will be especially affected as it works to adopt a medical model that also blends aspects of the hospitality and healthcare industries. Concurrently, older adults’ expectations about their accommodations continue to rise, even as their medical needs increase. Residential care environments will soon need to be able to track medication management electronically. When you take into account that the typical person over age 65 averages six maintenance medications daily, it’s not hard to predict that more care will also be required. With 10,000 people reaching age 65 every day, it is projected that we will need more than 3 million additional senior housing units by 2040. Where separate levels of residential and supportive care have been the rule, the care continuum will blur into one where all services can be provided, culminating in an environment that is patient-centric rather than care setting-specific (PointClickCare.com, 2015). At the same time, one area of the continuum is on the threshold of serious turmoil. For the home health sector, the Payment-Driven Groupings Model (PDGM) took effect January 1, 2020. This massive CMS reimbursement overhaul is another patient- and reimbursement-focused wave of change, where therapy will now be tied to patient characteristics, rather than being reliant on a predetermined number of visits. Predictions about the impact include cash flow issues for some home health care providers, more than 30% of whom are expected to close. Consolidations among agencies may take place rapidly, and some experts fear the development of home health care deserts, which CMS plans to monitor closely. As part of this transformation, telehealth is expected to begin to play a sizeable role, for remote monitoring of conditions and data collection linked to reducing readmissions. Nearly 30% of home health care agencies have said they plan to launch telehealth services by 2021. A final worry for home health and boon for compliance professionals is the official CMS commitment to hunt more aggressively for fraud (Holly, 2020).
PointClickCare.com, “2020 Vision: The Future of Senior Living,” 2016, Retrieved at https://blog.pointclickcare.com/2020-vision-future-senior-living/.
This blog post is an excerpt from the longer HealthStream article, Trends That Will Shape the Next Decade in Healthcare. Focused on the people providing healthcare, HealthStream is committed to helping customers address and solve big problems in our industry. From hospitals to long-term care and across the care continuum, there are challenges stemming from demographic changes, governmental mandates, and the need for higher care quality. Download the webinar, Ten Healthcare Trends for 2020, where Robin Rose, Vice President, Healthcare Resources Group, HealthStream discusses this information in detail. HealthStream is dedicated to improving patient outcomes through the development of healthcare organizations' greatest asset: their people. Learn more about our healthcare workforce development solutions.
HealthStream’s learning management system and comprehensive suite of competency management tools empower your healthcare workforce to deliver the best patient care.
View All Learning & PerformanceHealthStream offers performance learning management solutions to help develop your healthcare staff into leaders and reduce turnover.
View All ProductsHealthStream works with healthcare organizations to create engaging and high-quality training videos for your staff and management.
View All ProductsImprove care quality and save money by making informed decisions about your healthcare facility and staff with HealthStream's reporting analytics solution.
View All ProductsHealthStream's proven methods for the improvement and overall engagement of your healthcare staff foster a positive workplace and increase retention rates.
View All ProductsThe leadership development program from HealthStream helps mold your high-potential healthcare employees into proven leaders.
View All ProductsWhen you enact HealthStream's quality compliance solutions, you can do so with the confidence your healthcare organization will meet all standards of care.
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View All ProductsBy increasing your healthcare staff's focus on quality and safety with HealthStream, they can help to reduce medical errors and readmission rates.
View All ProductsLearn about what HealthStream's healthcare policy management software and how it can help aid your organization efforts.
View All ProductsHealthStream's education helps address diversity, equity, and inclusion within your organization, as well as promoting health equity in the communities you serve.
View All ProductsHealthStream offers professional training and education on how to best optimize your reimbursement process within your healthcare organization.
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View All ProductsIn all areas of resuscitation, from neonatal to elderly care, clinical deterioration is a risk that can be avoided with the help of HealthStream's training programs.
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View All ProductsThe suite of healthcare onboarding solutions available from HealthStream aids in nurse retention and improved patient outcomes.
View All ProductsGive your healthcare staff the decision support and skills training they need with the online products available from HealthStream.
View All ProductsHealthStream's solutions allow your healthcare workforce to be confident and competent with the knowledge they are upholding the highest of standards.
View All ProductsHealthStream’s learning management system and comprehensive suite of competency management tools empower your healthcare workforce to deliver the best patient care.
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View All ProductsTake the stress out of scheduling with real-time technology that engages nurses and healthcare workers from HealthStream.
View All ProductsProvide an easier way to view healthcare staff capacity insights while seeing a patient’s journey with HealthStream’s operational intelligence and machine learning products.
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