How Virtual Care strategies are reshaping Home Health Care Market?

Howdy!

Home Healthcare has been in the block from quite a while but the pandemic has triggered a whole new dimension to home care market.

Traditionally Home health care has seen agencies who support various types of care activities like nursing, providing medical supplies, dietary and nutrition services, therapies, post-surgical care services or it could be services around ADL (Activities of Daily Living) like bathing, toileting or feeding as an example or at home hospice care.

Digital technologies have always played a big role in streamlining the home care workflows where a patient can get all the care services from the comfort of their home. Moreover, this model of care delivery is more cost effective as you save a ton against an in-patient care.

As per a report published by Precedence Research –

Home Healthcare Market Size will be worth Around US$ 383.66 Bn by 2030

With more adoption to virtual care services, Home Healthcare has seen a paradigm shift in the way care is managed and delivered. Some of the key components to build a home healthcare network are listed below –

·       A flexible multi-tenant design model that can scale to different needs of home health care scenarios

·       Configurable system designs to support onboarding different types of agencies, employers, insurance companies

·       Patient onboarding capabilities from various scenarios like new patient, repeating patient, or onboarded from provider networks

·       Ability to register care providers on the platform along with their users

·       Listing of different care services that can be selected for a patient need

·       Ability to customize care workflows

·       Ability to schedule appointments with care managers via a care provider  

·       Ability to pay and start your service

·       Ability to book home visits for a care agency

·       Ability to enter a specific virtual session with your care provider

·       Ability to add your medical history with supports from speech to text services

·       Ability to add existing medical conditions that can support upload of any existing prescriptions, medical conditions, any diagnosis report already existing

·       Ability to configure new Bluetooth enabled Internet of Medical Devices (IoMD)

·       Ability to receive data from sensors and sync with the cloud databases during remote sessions with care providers

·       Ability to pull or write prescriptions for the patient sessions

·       Ability to pull patient history using latest interoperable technologies like FHIR (Fast Healthcare Interoperability Resources)

·       Ability to place an order direct to pharmacies which then gets scheduled, packed and delivered through the home care agencies supporting the care path

·       Ability to send various notifications throughout the life cycle of care

·       Ability to send reminders to care agencies and patients

·       Ability to auto dispense medicines from a voice enabled medical dispensing unit based on intelligent alerts configured through the intelligent drug distribution systems

·       More over robotics is taking it to the next level where a voice-enabled robot system can simplify the way care givers are looking at daily insights on patient’s adherence to prescribed medications

·       Ability to place refill requests for the medicines that are dispensed

Below are some of the digital health news around Home Healthcare:

Humana announces agreement to acquire One Homecare Solutions to expand value-based home care

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AMN Healthcare scoops up virtual care provider Synzi Holdings for $42.5 million in cash

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MDLive a virtual care delivery platform to be acquired by Cigna's Evernorth

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Innovation Care Partners Selects VirtualHealth for Care Management

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Google starts highlighting virtual care options in Search and Maps

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At-Home Health Testing Company Everlywell Raises $175 Million Series D Round at a $1.3 Billion Valuation

Read More

If you have a similar story or more insights on how virtual care is reshaping the home health care space, feel free to write to us at healthviva@taliun.com. If you want to collaborate with us on some of the interesting insights on digital health, feel free to connect us.

 Adios!

Team Health Viva