Minimizing Costs and Maximizing Growth with Technology-Driven Efficiency
Every home health agency faces a struggle to minimize costs in order to keep healthcare more affordable for patients and maintain a healthy bottom line for the organization. But it can be a difficult battle when care delivery, documentation and regulatory compliance are highly inefficient and still rely on manual and paper-based processes. Those same inefficient processes can also lead to medical errors that trigger expensive litigation and potentially catastrophic costs.
On top of this, every home health agency also wants to grow its business by delivering care to more patients. But high costs, low margins, and rampant inefficiency make it harder to visit more patients, hire more workers, and achieve that goal.
This is where technology-driven efficiency is a key strategy for slashing costs and capitalizing on growth opportunities. By leveraging technology to automate more home healthcare processes, reduce manual effort, and minimize liabilities, agencies can empower their workers to make more patient visits in less time, without compromising care quality, and they can maximize growth by being able to scale up their operations at much lower costs.
In fact, in a recent rollout of an EMR system with clinical mobility and automated data capture, one of our home health agency clients increased its annual financial margins from 2% to 19%. It was a transformative improvement that will now allow the agency to expand its operations, hire more workers, and invest in technologies and systems to help it build on this initial success.
It also helped address many issues with systems that weren’t digitized or properly connected. A lot of home health organizations are lean on resources and don’t have enough technology experts on staff to create more efficient, technology-driven workflows or connect systems that need to talk to each other.
But Zebra technologies and Stratix management will help you digitize, connect and integrate the systems and solutions you need to improve efficiency and reduce costs.
Zebra solutions integrate easily and seamlessly with leading EMRs, decision support tools, and other digital apps and resources that can help you optimize your operations. And our Stratix managed services team can recommend the right solutions as well as connect and integrate all the automated data capture, clinical mobility, and other tools you need to optimize your entire home healthcare business.
In the end, this allows home health agencies to turn technology into an immediately effective and winning strategy for boosting revenue, patient visits, and patient outcomes with a higher profit margin and better efficiency. It enables workers to get more done in less time, with less overtime and fewer hassles with documentation and administrative work. And it means better care quality and safety as well as better regulatory compliance with fewer mistakes and risks, which translates into less potential litigation and costs.
