Right now, there are three sections of home-based care that I see as core components to the concept: home health, hospice and personal care.
There are companies that offer one, two or all three services in some spots. But there’s a growing group of home-based care providers that are hellbent on building out the “three legs of the stool” in all the markets they serve.
With most hospice operators, palliative care also often tags along. In home health care, many providers see at-home palliative care as a logical service to offer, but monetizing it in a meaningful way has been anything but easy.
Hold that thought.
The job of any leader in this space – whether he or she is in a home-based care organization specifically, or in private equity, venture capital or a health system – is to predict what’s coming next.
In part, it’s a writer’s job too. And while I don’t have a crystal ball, I do have enough research and conversations (with people a lot smarter than I) under my belt to play prognosticator for a day.
Many correctly predicted the hospital-at-home wave, for instance, even prior to the pandemic. Others saw hospice as an emerging service line decades ago.
More types of care are being brought to the homefront, and the question I’ll try to answer below is: What’s next?
Sign up for HHCN + to read this exclusive content.
Need more than 5 members? Contact us for more information.
* per member
Already a member?
The post The Next Frontiers for Home-Based Care Operators appeared first on Home Health Care News.
