Category: Healthcare

Tech Funding Woes Limiting Innovation in Nursing Homes

Tech Funding Woes Reach Critical Level, Stifling Innovation in Nursing Home Care Models and Payment Systems

  • Tech Funding Woes are limiting tech usage needed to drive new care models and payment frameworks at nursing homes
  • Nursing home providers are shifting to decentralized care models to cater to regional needs and payor mix
  • Value-based care initiatives and on-site clinical services are seen as valuable additions to new care models
  • Remote patient monitoring and predictive analytics are playing an essential role in identifying potential risks and changes in patient conditions
  • Proactive and intentional approaches are emphasized to avoid financial challenges, improve managed care partnerships, and recruit high-quality staff

Tech Funding Woes Impacting Nursing Homes

The nursing home industry is facing a critical juncture in terms of embracing new technologies, innovative care models, and revised payment frameworks. Read more