I’m here in Chicago at the Home Care Innovation and Investment Conference and it’s been quite illuminating so far, a lot of talk about SNF at home or even hospital at home. So home health care providers are trying to demonstrate that they can indeed care for higher acuity patients and hopefully get paid for it. So it will be interesting to see how SNFs react to that.
Also, home health providers are going through a lot of the same difficulties as skilled nursing providers and seniors housing providers, especially in the labor fund in terms of finding labor and paying for it. But also CMS just came out on Friday with a 4.2% cut to home health reimbursement rates. So SNFs aren’t alone there either. But this conference is serving as a constant reminder to me that as home health innovates, it requires senior care operators to innovate, but also to further demonstrate their value in terms of quality of care, but also in socialization. I know, easy for me to say.
