Home Health Care News October 21, 2020
As health care spending continues to rise, private-duty home care agencies will likely play increasingly important roles in population health management.
In total, U.S. health care spending is expected to reach $4.8 trillion by 2025.
Often, it’s chronic conditions, social determinants of health and functional limitations that drive that spending upward. The combined pervasiveness of those three factors creates a “high-cost trifecta,” according to Cindy Campbell, the director of operational consulting at WellSky.
WellSky is a rapidly growing international software and professional services company with clients that include home health providers, hospital systems, blood banks, labs, hospices, government agencies and human services organizations. The PE-backed company announced plans to acquire CarePort Health from Allscripts Healthcare Solutions (Nasdaq: MDRX) for $1.35...
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