SAN FRANCISCO (May 30, 2018)—ClearCare, a technology platform for homecare agencies, announced the nationwide availability of a new technology to seamlessly connect these agencies with insurance companies and hospitals.
The new technology, called Home Connect API, allows homecare agencies to connect directly to referring health plans, hospitals and doctors to receive patient referrals and manage care and billing. The enterprise-class technology is hitting the market amid a major government policy change on reimbursement for homecare services, which could help significantly drive its adoption: In early April, the federal Centers for Medicare & Medicaid Services (CMS) announced that homecare will, for the first time, be reimbursable as a supplemental benefit by Medicare Advantage plans starting in 2019. Home Connect API is available now.
Because homecare has traditionally been disconnected from traditional health care providers, such as doctors and hospitals, the policy change has created urgency for clinicians, Medicare Advantage plans and homecare agencies to integrate their systems.
“Connecting the $20 billion homecare market with insurance companies and hospitals is a disruptive event that will deliver better care to more seniors, and help them age gracefully in their homes instead of a hospital or nursing home,” said Geoffrey Nudd, founder and CEO of ClearCare.
“It will also lower health care costs, since homecare agencies are the lowest-cost providers serving the highest-cost patients—the top five percent that are projected to drive 50 percent of U.S. health care costs, or $2.7 trillion, by 2026,” Nudd added.
Visit clearcareonline.com for more information.