Home Care Path is excited to report they have been chosen to advance to the second stage of the Starting Block Social Impact Initiative Madison Wisconsin. An important piece of understanding the benefits to the Home Care Path proposal is looking at the Centers For Medicare and Medicaid regulatory mandates. The Home Care Path approach supports the ability of hospital and nursing homes to better comply with these relatively new Medicare - Medicaid regulations. Medicare - Medicaid are the primary insurance pay source for medical care of our elderly population.
Inpatient level of care:
Patients must be very ill to be able to meet the level of care that reimburses a hospital - nursing home for an inpatient stay. Medical providers need a predictable service they can refer those people who obviously need help but do not quality for medical care. This population will benefit from the Home Care Path Starting Block Social Impact Initiative proposal.
Limited reimbursement for re-admission in less than 30 days of discharge:
Medicare - Medicaid does not reimburse a hospital - nurse home for a readmission that occurs within 30 days of discharge. Hospital - nursing homes must have access to a service that can help when the patient no longer meets level of care and must be discharged home. Rural community hospital - nursing home total received revenue in tight budgets are more dependent upon Medicare - Medicaid payments. The non- reimbursement of care in these rural community hospital - nursing homes can create un-sustainable loss. The service provision being created through Home Care Path's submission to the Starting Block Social Impact Initiative helps reduce non- paid readmissions which assures the facility can continue to maintain operation in that location.
Home Care Path would like to wish all those participating in the Starting Block Social Impact Initiative the best of luck!
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