Tag Archive for: Affordable Care Act

HomeCare Magazine highlights grandCARE as an aging in place solution

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GrandCare Systems was recently featured in HomeCare Magazine in an article by Graham Miller about aging in place. Technology is transforming the way both aging populations and health care professionals view and manage health care, with the reality being that the best way to keep people out of hospitals and long-term care is through prevention. Digital health tools, such as the grandCARE system, can be the key to greater prevention and managing long-term health needs for seniors.

In the article, Graham Miller writes:

“Every day, tens of thousands of Americans are turning 65, and three factors—longer life spans, rising health care costs and aging baby boomers—are driving the growth of this demographic. An overwhelming percentage of these aging adults desires to stay at home, maintaining an active, independent lifestyle for as long (and as safely) as possible.”

“The Affordable Care Act has changed how both consumers and companies view health care,” says Dan Maynard, president and CEO of GrandCare Systems. “The cost of health care continues to rise, especially for the aging populations that require more frequent and longer-term health care monitoring.” A large part of the new legislation focuses on hospital readmission reductions and consequences for reactive versus proactive care, he says, and there are significant financial incentives for hospitals to actively work with Patient Safety Organizations (PSOs) to reduce costs associated with patient readmissions. Products like grandCARE incorporate resident information and support, captured resident data and professional caregiving tools, encouraging everyone in the caregiving support network to work together to achieve true patient-centered care. “A path of a patient/provider partnership results in better outcomes for both the patients and the caregivers because it creates greater efficiency for the caregiver staff by allowing virtual care, which results in fewer at-home visits,” says Maynard.

Our product is designed to reduce health care costs and improve outcomes by enabling family members, caregivers and health care professionals to remotely care for an individual living at home. The system uses a large touch screen in the residence, which provides the individual with social communications, health care monitoring, visual daily reminders and medication prompts. The easy-to-use interface means that no computer skills are needed for the resident to engage in all of the touch screen features. The system also supports virtual video visits, telehealth device recording (which takes vitals such as wireless blood pressure readings, weight, pulse oximerty, glucose and thermometer readings) and remote in-home activity sensing.

We recently incorporated a new professional caregiver and user task management feature into the system, which allows the resident and caregiver to follow a daily schedule of tasks (such as medication administration, caregiver education, scheduled appointments, etc.).

Caregiver showing grandCARE user new task list feature on the resident's touchscreen.

Caregiver showing grandCARE user new task list feature on resident’s touchscreen.

“This new feature enhances the resident engagement aspect by giving the resident a daily to-do list and establishes complete transparency for professional caregiving organizations by providing a task list that is required to be completed during home visits,” says Maynard.

– See more at: http://www.homecaremag.com/aging-place/mar-2015/smart-home-solutions-aging-population#sthash.Hxk28Xpy.dpuf

Forbes weighs in on Hospital Readmissions…

I wanted to share the article in Forbes on the healthcare crisis and the problem with Hospital Readmissions.

Regardless of what happens, our healthcare system needs to change. The statistics Forbes shared are overwhelming. Healthcare consumes 17% of our GDP and as a society, we have been known for paying for pounds and pounds of cure. We need to shift our mentality to start paying for those ounces of prevention. The in-home care service is critical to help support patients as they transition from hospital to home. But, that is only one piece of the puzzle. The hands on care is necessary and can help to relieve loneliness, isolation, provide transportation support and act as a helpful resource. But there are more things at play. Many cannot afford round the clock care and may not want someone living with them all hours of the day. That’s why a combination of digital health technology tools, in-home caregiving services and medical provider support is necessary for successful transitions. We just wrote a whitepaper called “Healing in Place”, which explores the successful transition piecing together the home health providers, technology, hospital staff, family and patient to seamlessly provide care and make sure they remain happy, healthy and safe at home. GrandCare is passionate about helping to provide the digital health technology (activity of daily living remote monitoring, digital health/vitals monitoring, medication reminders/alerts, socialization/webchats, touch-based resources & instructions).

 

FORBES:  A Low-Tech Business That Can Prevent Hospital Readmissions

by Zina Moukheiber, Contributor

I cover health IT and Middle Eastern billionaires.

One of the provisions in the Affordable Care Act that is likely to remain untouched by the Supreme Court is linking Medicare payments to hospitals to a patient’s outcome. According to a 2009 study published in the New England Journal of Medicine on Medicare’s fee-for-service program, nearly 20% of Medicare patients discharged from a hospital were readmitted within thirty days, and 34% were rehospitalized within 90 days. Hospitals are now scrambling to comply with the new rules that go into effect this year, and that includes making sure older patients are looked after following discharge.
 Lily Sarafan sees an opportunity—and it’s at the opposite spectrum of the smart home as envisioned by Intel’s Eric Dishman. “We’re positioning for post-hospitalization,” says Sarafan. The 30-year-old is the president of Palo Alto, Ca.-based Home Care Assistance, which is in the very low-tech business of providing expert caregivers by the hour or as live-ins. Their non-medical tasks include assisting with walking, making sure patients take medications on time, driving them to doctor appointments, and cooking healthy meals. (Home Care Assistance posts on its site a testimonial from famed MIT linguist Noam Chomsky who praised it in helping his late wife).

The help is not cheap. Home Care charges between $20 and $30 an hour, and up to $300 a day for live-ins. The company generated $50 million in revenues last year, and Sarafan says it is profitable. Anthos Capital, a private equity firm founded by former Goldman Sachs partners invested an undisclosed amount…

To read the entire article go Here