ATLANTA, Sept. 26, 2018 /PRNewswire-PRWeb/ -- Excel Health, the leading source for current and complete post-acute outcomes data and performance analytics for the healthcare industry, announced today its quarterly Post-Acute Care Industry Trends Report that includes summary data through Q1 2018. The Quarterly Trends Report is made available to all healthcare providers for free in support of the company's mission to facilitate the creation of high performing healthcare networks. The report can be found at http://www.excelhealthgroup.com/industrytrendreport.
Excel Health customers are given full access to specific, detailed insights regarding all office-based physician, facility and agency data within 90 days of CMS delivering the data through its Chronic Conditions Warehouse. The data is automatically delivered through the solution to Excel Health customers, who represent some of the post-acute care industry's most innovative providers, including four of the top 10 home health agencies and hospice organizations.
"Because our data represents the most current and complete picture of what happens outside the four walls of hospitals and physician offices, we are giving the industry great insights that can be used to improve the financial performance of care networks, increase operational efficiencies and drive greater productivity among their sales teams," said Ian Juliana, CEO of Excel Health.
Key Observations
Excel Health's public reports reveal national and state-specific trends every quarter. These reports pull from a subset of the company's proprietary solution that includes detailed market share, performance analytics and quality metrics based on 100% of the most recent Medicare claims data across all care settings.
- With nearly 50% of patients still leaving inpatient stays without post-acute care instructions, the lack of awareness and affinity among providers to leverage the advantages post-acute offers continues to be a challenge that must be addressed through the sharing of evidenced-based data like that provided by Excel Health. Of the half that were discharged with instructions, most were pointed toward skilled nursing facilities and home health care.
- Of those patients who received home health instructions and adhered to those orders, there was a 35% reduction in readmissions. There is a wide variance in post-acute utilization, home health adherence and resulting readmissions on a state-by-state basis. Providers are encouraged to review the full report for visibility into the markets they serve.
- Hospice admissions continued to grow steadily, reporting a 4% growth over the same period in 2017 and consistent with growth in previous quarters. Hospice utilization rates also continued to steadily climb at 1.3%, consistent with previous quarters. From the Q1 2018 data, there are now 16 states where hospice utilization rates are greater than 50%, which indicates that physicians may be starting to work with families to engage hospice care over hospitalization when considering end of life care options.
- Home health admissions also experienced minor growth, reporting 1.8% growth over the same period in 2017. This is the second consecutive quarter of growth over 1% versus the last year, reversing the trend of flat to declining admissions, and is likely the outcome of one of our most severe outbreaks of the flu in recent history. Home health utilization as a percentage of total Medicare beneficiaries remained relatively flat once again.
To access the Q1 Post-Acute Care Industry Report, visit http://www.excelhealthgroup.com/industrytrendreport or to learn more about how your organization can access the full Excel Health insights to boost your performance, speak with one of our data experts at http://www.excelhealthgroup.com.
About Excel Health
Excel Health provides growth solutions that drive critical workflows to dramatically improve performance. Our performance analytics, quality metrics and targeting tools are derived from complete 100% Medicare Part A & B data to produce high value to hospitals and home health and hospice agencies. In a recent study, our customers outpaced their competition and have experienced an ROI of over 600%. Excel Health customers are the only agencies in the market that can position themselves as an invaluable resource to their referral partners because they have exclusive visibility into the full continuum of care. For more information, please visit: http://www.excelhealthgroup.com; or, to see a demonstration, email us at [email protected].
SOURCE Excel Health
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