On Oct 4th, 2022, Home Health Care News, in partnership with AlayaCare, hosted a webinar: “Growth Strategies for Home Care Agencies”. This webinar was focused on home-based care growth plans and what strategies are best for home care organizations to gain financial health and continue to grow and be successful in the industry.     Missed the webinar? No worries! Read the key findings and quotes below and get access to featured clips.   Webinar Panelists:   Tony Ott – Market Leader US Home Health & Hospice, AlayaCare   Billie Agnone – Senior Cust ..read more

Specialty pharmacies are experiencing booming growth in the home care infusion service market. This trend has been predicted for several years – driven by patient preferences, cost savings measures and readmission rate reduction targets. But like many other home-based therapies, this steady growth accelerated at lightning speed during the initial stay-at-home orders in 2020, with the market experiencing a growth rate of 55.5% in 2020. The home infusion market is projected to maintain a compound annual growth rate of 7.5% until at least 2028. The catch? While this may seem like great news for s ..read more

For the home care industry, the next couple of decades are clear: the need for services will rise in step with the population of older adults.    People ages 65 years and above is projected to rise to 86.7 million by 2050 accounting for approximately 20% of the U.S. population.  Governments are increasingly turning to home care providers as a means of alleviating strapped hospital resources and a shortage of long-term care facilities. They also need to ensure that those who require care, even those with chronic conditions, are safe while at home.   In step with this ne ..read more

Home-based care technology company places No.63 of 430 companies ranked on 740% three-year revenue growth    MONTRÉAL, QC and TORONTO, ON—23 September 2022—AlayaCare, a leading home care technology provider, today announced it has once again been named in the Globe and Mail’s 2022 Report on Business as one of Canada’s Top Growing Companies. AlayaCare placed No. 63 out of 430 Canadian companies on the list, based on several factors including the company’s three-year revenue growth metrics of 740%.   Canada’s Top Growing Companies is an editorial ranking report launched in 20 ..read more

The last few years have been challenging for the home care industry. First with the pandemic and now the upcoming post-pandemic recession, many home care agencies are looking for ways to remain resilient and successful during the recession. Thankfully, there are still opportunities for home care organizations to grow, even during the recession.   Here are 3 ways to still grow your home care agency during challenging times.   1. Expand the service offerings of your agency  During the pandemic, it unlocked major growth opportunities for home-based care agencies in the fo ..read more

In a time where home care is on the rise and more clients are seeking home care services, you may feel as though your agency is running low on time and resources to keep up with the growing demand. Many home care agencies are struggling to find a way to provide efficient and effective care, without placing too much stress on their employees.   While hiring more staff could temporarily ease the stress of increased client referrals, there are still several workflows associated with each visit that can leave your agency bogged down; verifying paper time sheets, processing billing and pa ..read more

On July 21st, 2022, Home Health Care News, in partnership with AlayaCare, hosted a webinar: “Improving Caregiver Recruitment and Retention for your Home Care Agency”. This webinar was focused on the subject surrounding the caregiver recruitment and retention crisis and how home care organizations could overcome these challenges to continue to grow and be successful in the industry.   Missed the webinar? No worries! Read the summary below and get access to featured clips.   Webinar Panelists:  Sava Berhané - SVP Customer Success, AlayaCare  Kristen Duell – CMO, Hom ..read more

Cybersecurity is a critical challenge facing the healthcare industry globally. Along with phishing, ransomware ranks as a top threat to EHR security. A 2021 report by HIMSS uncovered that ransomware was the second-most common vector of cybersecurity incidents in the healthcare industry, comprising 17% of all breaches.   IT privacy and security breaches are costly. IBM estimates that the average cost of a ransomware attack is 4.62 million USD, not including the ransom price.   And the cost for home healthcare agencies is much higher once you include the impact of intangible ..read more

For many home care providers there is no lack of clients or business coming their way. The real challenge is how to recruit and retain high-quality staff to meet the demand. Many HR and Operations Managers look to bring on more staff, which is part of the answer, but we believe increasing utilization of your existing staff is the first area to explore.   Providers are expected to care for more clients with fewer resources, which is why an increasing number of agencies are turning to technology to help alleviate time-consuming processes and increase efficiencies.  Consider optimi ..read more

At first blush, the specialized delivery of home infusion may not seem to lend itself to virtual care. Yet we think all elements of home care are about to permanently change when it comes to this subject, thrust into the spotlight due to COVID-19.  “Virtual” extends to phone calls, recorded video, live video conferences, remote patient monitoring, and wearable technology. When it comes to video, while there is no substitute for in-person interactions, the need for physical distancing has shown society that we can do a lot more things virtually than we might have imagined. And we ..read more