The pandemic is an incredible strain on a healthcare industry already pressed to cut costs and improve efficiency without sacrificing outcomes. Decentralized initiatives, though, have a history of supporting both goals.
Home health care has been found to save $7,313 per patient in comparison to emergency room visits over a 90-day period, according to findings from The American Journal of Accountable Care. Home health patients are also less likely to be admitted to the hospital, according to the report.
Boston's Brigham and Women's Hospital found that costs for a care episode were 52% lower for acutely ill patients who received hospital care at home with no adverse events or impact on the patient experience. According to Health Leaders, analysts predict that these cost savings will continue through 2021 and beyond, potentially mitigating the impact of COVID-19 costs as remote care (telehealth) trends become more common and expand across medical specialties.
Discover how home health technology can help to improve access to care.