We outline the market outlook for home health enablement in the healthcare industry — from investment trends and leading companies to recommendations for the players in the space.
What is home health enablement?
Home health enablement supports members through in-home care options for diagnostic testing, ongoing treatment, and acute care needs. As a result of the Covid-19 pandemic, more care — ranging from basic medical exams to hospital-level care — has been transitioned to the home setting. Payers have benefited from higher compliance to care as well as reduced costs based on the efficiencies of at-home services.
Features & capabilities
Home health enablement provides healthcare payers with several capabilities, including:
- Family caregiving platform
- Assistance, driving, and in-home support
- Comprehensive telehealth visits
- Personal emergency response system
- Remote patient monitoring devices
- Integrated analytics and advanced care planning
Benefits
Home health enablement companies offer these substantial benefits to healthcare payers:
- Enhanced enrollment and retention
- Reduced total cost of care
- Reduced avoidable emergency department visits, hospital admissions, and readmissions
- Improved telehealth utilization
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