Corcoran Consulting Group, BrevNox launch ValuTrak for Personal Care

SPRINGFIELD, Missouri—Corcoran Consulting Group announced that it has launched ValuTrak, a comprehensive outcomes measurement platform designed for the non-medical homecare industry, in partnership with BrevNox.

The company said ValuTrak gives homecare agencies a simple, consistent way to capture, track and communicate the measurable impact of the care they are providing. Measurements include hospitalizations, falls, client satisfaction, caregiver satisfaction, functional outcomes and key social determinants of health, all in one platform, turning that information into data agencies can use to demonstrate their value to referral sources, payers and potential clients.

“Homecare has always created value, but our industry hasn’t had a consistent way to prove it,” said Guy Tommasi, Jr., CEO and partner at Corcoran Consulting Group. “ValuTrak was designed to give agencies a simple way to capture the outcomes they are already influencing every day and turn them into meaningful data.”

The company said the platform was developed specifically for the realities of non-medical care and helps agencies answer questions such as:

• Are clients remaining safely at home?
• Are hospitalizations and rehospitalizations being reduced?
• Are falls occurring, and are trends changing?
• Is a client’s ability to remain independent improving or declining?
• Are clients and caregivers satisfied with their experience?
• Are social factors such as food, transportation, socialization and a safe home environment creating risks?
• What measurable outcomes can the agency share with referral and payer partners?

For the industry as a whole, consistent outcomes measurement creates an opportunity to tell a more impactful story about the role in-home care plays in supporting independence, identifying risks and helping people remain safely in their homes, Corcoran Group said in a release.

“We believe the next chapter of home care will be about proving value,” Tommasi said. “Agencies already know the difference their caregivers make. ValuTrak gives them the tools to demonstrate that difference with data.”