The underestimated value proposition of serving high-acuity patients at home. Is your health system leaving money on the table?
Meeting new demands with an innovative partnership approach that brings the power of the hospital to patients at home. As many in healthcare are keenly aware, the potential for a national hospital capacity crisis has long preceded the global pandemic. With nearly a million hospitalizations, the 2017-2018 flu season offered a precursor to the level of provider fatigue and bed shortages healthcare would face with the onslaught of COVID-19 patients. The pandemic did, however, illuminate and time stamp the need for solutions to transform the dated industry mindset. Moreover, the abruptness of adapting to pandemic life at home sparked a culture shift in America. From how we feed our families to where we exercise and get our entertainment, how we communicate on the job, and manage our health and wellbeing, pandemic life has forced a shift in the consumer mindset. As a result, today’s patients are looking more closely at the cost, quality, and convenience of care with on-demand expectations.
Tailwinds from innovation in new care delivery models, streamlined technology, and a commitment to right-sizing healthcare spending have helped make a case for serving high-acuity patients at home. In-home care models complement facilitybased care delivery by extending their reach to underserved or hard-to-reach populations in their communities. And as several forward-thinking health system leaders have found, partnering to provide high acuity care to patients in their homes has fast-tracked the ability to meet evolving consumer expectations. Additionally, it helps manage workforce challenges and capacity issues, while protecting profit margins.