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ChangingHomeCare.com Launches Effort to Promote Future of Homecare
Date:2/10/2010

ChangingHomeCare.com has launched a combined effort between homecare providers and homecare vendors to take a proactive approach to reshaping the national healthcare debate about the future role of homecare.

Washington, DC (PRWEB) February 5, 2010 -- ChangingHomeCare.com has announced the creation of a completely free exchange of best practices and thought-provoking ideas among homecare providers and patients, with the goal to make homecare a larger part of the national healthcare solution.

Several studies clearly indicate that homecare can reduce readmissions to the hospitals, thus reducing overall Medicare costs, and is a much lower cost alternative to long-term care institutions. However, rather than realizing the value that homecare brings to the overall healthcare system, the industry continues to be marginalized, with homecare scheduled to receive a disproportionate share of Medicare payment cuts. Medicare skilled home healthcare services alone make up less than 4% of Medicare spending; however, in the current proposed healthcare legislation, their budget would be slashed as much as 17.2% over the next ten years, almost 11% of the total proposed cuts to healthcare reimbursements in the U.S. House Bill.

ChangingHomeCare.com was created by Wyatt Matas & Associates, an investment-banking firm based in Washington, DC. Says managing partner, Chip Measells, “We have tracked the homecare industry for many years and seen it miss many opportunities to move up the ladder of the healthcare continuum. We don’t want to sit on the sidelines anymore and watch a critical part of healthcare continue to lose its voice. Creating this free interchange of ideas allows the people ‘on-the-ground’ to work together to push homecare forward as a larger part of healthcare.”

ChangingHomeCare.com is dedicated to identifying opportunities to expand the valu
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Source: PRWeb
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