This update shows just how quickly Homecare Homebase can deploy functionality that addresses ever changing CMS regulations and allows our customers access to the data they need to make informed, strategic business decisions
Dallas, TX (PRWEB) July 12, 2011
Today, Homecare Homebase, LLC announced the deployment of a powerful enhancement to their Knowledge Link™ Business Analyzer Module, part of the Homecare Connections™ suite of products. The newest functionality allows Homecare Homebase customers to quickly and accurately identify the effects of the CMS proposed rules regarding 2012 payment rates that was issued this past Tuesday, July 5th.
The CMS proposal included revisions to the face-to-face rule and the therapy assessment rule, as well as changes to the 2012 base rate, visit rates and wage indexes. CMS also proposed significant changes in coding weights by eliminating 401.1 and 401.9 hypertension codes as a factor in the 4 equation model. Finally, the proposal also included reducing case-mix weights on therapy episodes (especially those with 14+ therapy visits) and increasing case-mix weights on non-therapy episodes.
The combination of the new CMS changes makes it very difficult for agencies to evaluate the overall impact of the proposed rule on agency revenues. Homecare Homebase, however, was able to apply the proposed changes against their customer’s 2011 episodes to give users the ability to specifically identify how each proposed change will affect their revenue. In addition, the update provides a very accurate assessment of the overall bottom line impact of the changes. Homecare Homebase is the first home health software provider to deliver such critical insight to their users.
“Once we analyzed the changes in the proposed rule, we utilized the business intelligence tools available in the Homecare Homebase software solution to generate reports and dashboards that provide agency management with a complete view of how the changes will affect their agency.” said Guy Conces, Chief Strategy Officer, Homecare Homebase. “This update demonstrates the power of our enhanced Knowledge Link Business Analyzer Tool, built on the robust Tableau software analytics engine.”
“This update shows just how quickly Homecare Homebase can deploy functionality that addresses ever changing CMS regulations and allows our customers access to the data they need to make informed, strategic business decisions, said Tom Maxwell, Chief Operating Officer, Homecare Homebase. “Every tool we develop focuses on providing our users ROI-rich functionality to enable them to grow their business, while controlling their costs. Homecare Homebase is uniquely positioned to provide these tools because we come from an agency background and we understand what agencies need. It’s one of our major points of difference compared to our competitors.”
Homecare Homebase will be demonstrating this new functionality at the National Association for Homecare & Hospice (NAHC) and the Homecare & Hospice Financial Manager’s Association (HHFMA) 17th Annual Financial Management Conference & Exposition on July 13-15, 2011, at the Manchester Grand Hyatt in San Diego, CA. Please visit booth #213 to see a demonstration of our products and the 2012 Impact Analysis Tools.
About Homecare Homebase, LLC
Homecare Homebase, based in Dallas, Texas, is a leading healthcare software company serving the technology needs of the fast growing homecare and hospice industry. Named 2010 Best in KLAS for Homecare by KLAS in the “2010 Top 20 Best in KLAS Awards: Software & Professional Services” report, Homecare Homebase offers a comprehensive integrated web-based software solution to improve the clinical, operational and financial success of homecare and hospice agencies. Homecare Homebase enables real-time, wireless information exchange and communication between office staff, field staff and physicians; automates workflow processes; enables accurate billing through numerous integrated checks and balances; and, provides powerful management reporting via a back-office data analysis tool that ties together all agency operational information. Founded by industry veterans in 1999, every aspect of the Homecare Homebase system was developed to be user-friendly, flexible and customizable to specific agency needs. For more information, visit http://www.hchb.comor contact us toll free at 1-866-535-HCHB (4242).