Home healthcare providers are eliminating the need for chronically ill patients to make constant hospital visits. By providing services to patients who have difficulty performing everyday tasks in their homes, hospitals have been able to cut down on readmission rates. Organizations such as Medicare and Medicaid reimburse hospitals that show low patient readmission rates, so home healthcare providers are doing them a huge favor.
Seeing that over 70 percent of U.S. citizens aged 65+ require some form of long-term care, it becomes obvious that home health companies will become very profitable in the near future. This infographic presented by ClickSoftware further explains the need within our healthcare system for these providers.
