Home Healthcare Comes of Age.

Over the decades the social and cultural fabric of Europe has undergone colossal change leading to a major transformation in the way senior family members cared traditionally. The break-up of extended families and rampant urbanization created a huge gap in the care for the elderly and the disabled or those with chronic diseases.

As older people become more care-dependent but do not need hospitalization, the only viable solution seems to be home care services. The effectiveness of home care services cannot be denied as the benefits are aplenty. Being at home, or in familiar surroundings and in their communities give comfort to the elderly and they remain healthier than they would have in a care center. Besides, they also have a feeling of security and independence staying in their own homes. Individualized care at home promotes quick healing than in regulated environments of healthcare or nursing establishments.

Life expectancy has increased resulting in a rise in the number of old people, lifestyle diseases, noncommunicable diseases, difficulty in mobility, people with mental disorders, or the ones who need companionship and assistance in daily chores.

There has been a whopping rise in the elderly population in the European Union and this is expected to rise exponentially. Nearly 20 percent of the European population is above 65 years of age. From around 90.5 million couple of years ago, it is expected to touch the 130 marks by 2050. With children flying away to different parts of the country, and the globe, home care services become more imperative. Add to it the low birth rates and rising cases of infertility.

Home care provides a huge range of services to assist and care for those who do not need treatment in the hospitals. It could be non-medical personal care, nursing care, home health care. It could include meal preparation, caring for the sick or even healthy senior citizens who live alone, medication reminders, running errands, care during illness, serious injury, progressive diseases like Alzheimer’s, Dementia, even for companionship or palliative care, assistance for daily activities like bathing, dressing, cooking, feeding, transportation, visits to banks or the doctor, supporting the client or patient by doing the laundry and housekeeping, or even shopping.

These services are not restricted to senior citizens but expand to all age groups including children or young adults who need care. Service providers are in huge demand for hospice or palliative care for adults and children with serious illness, from in-home to community-based services.

With technological advancements, it has become easier for health care service providers to coordinate and monitor their clients. Home health care providers are doing exceptionally well in their jobs and their demands are multiplying by the day.

We bring to the spotlight a few such exemplary home care services in Europe that have caught the attention of the world, in our latest edition of Insights Care – Europe’s 10 Most Trusted Home Care Providers 2021.

Have a great read! 

Revenue Cycle Management Solution Providers Easing the Billing Process.

 The medical field has been an ever-evolving one. And when it comes to adopting the latest technologies, be it care or administrative, the medical field has been at the forefront.

One of the most complicated processes has been that of billing and maintaining the billing records of a patient. Constant developments in technologies have thrown an array of possibilities in easing the gargantuan and monotonous tasks of healthcare establishments. One such technology is revenue cycle management.

Even as the healthcare establishments were on a tech-driven spree, the Covid-19 pandemic only shoved them further and faster into it than one could imagine. Revenue cycle management was one of the rescuers of an already overworked medical fraternity. Those who had not yet adopted this technology or were in the nascent stages of adopting also swung into action.

Management of funds, collecting payments, billing, and maintaining a foolproof record has never been easy. To make these processes smooth and simple for healthcare establishments, RCM solution providers came across as messiah for them.

Managing patient’s billing records has become easier with RCM, medical billing software to track a patient’s data from the registration process to the final payment. RCM makes it easy for a healthcare organization to store and manage the patient’s data by synchronizing personal information and the insurance provider with treatment and health care information.

The major task of RCM is to communicate with the insurance companies, check the patient’s insurance coverage during admission and if necessary, do a follow-up with the insurance company in case a patient’s insurance amount is rejected or withheld. RCM significantly reduces the amount of time between providing care and treatment and receiving payment. It also has the responsibility of ensuring the safety of employees.

In fact, administrative duties like reminding patients of appointments, pending payments, and the like that were handled by the staff can be automated through RCM, saving manpower and time. In this regard, it is also a perfect tool for digital patient engagement.

But with rising demand for a service or technology, the market also gets overcrowded with suppliers and subsequently a cutthroat competition, making it difficult to choose the competent one. Some RCM solution providers rose above the rest and set a benchmark for others to emulate.

Our latest edition of Insights Care, 10 Most Trusted Revenue Cycle Management Solution Providers, throws light on how these solution providers paved the way for easy billing through technology to healthcare establishments by delivering quality services.

Have an interesting read!!