Data reveals 6.5% growth in hospice patient admissions and 0.5% growth in home health patients in 2017 vs 2016
May 10th, 2018 – Atlanta, GA Excel Health announced today the availability of its complete Q4 and full year 2017 referral source data and outcomes insights for its home health and hospice Customers. Released each quarter, Excel Health provides detailed market share, performance analytics and quality metrics for every physician, facility, and agency in the country. The company reported today that in 2017 total Medicare beneficiaries grew 2.5% as baby boomers continued to age into Medicare, hospice patient admissions grew 6.5% driven by increased utilization, and that home health patient admits grew 0.5%, due to growth in the last two reported quarters.
Excel Health Customers have a tremendous advantage over the competition with the most recent and complete data in the market. Customers are already using data through Q4 2017 to target high value physician and facility referral sources. Unlike other analytics providers which only deliver Medicare Part A institutional data that represents 33% of post-acute claims, Excel Health delivers 100% of Medicare Part A and Part B data, including 100% physician office visit claims. Using full year 2017 data, Excel Health Customers can benchmark themselves against the competition with the most recent data. Available exclusively through the Excel Health’s Market Intelligence Portal, this complete data set helps organizations more accurately identify referral patterns and new opportunities to grow their entire referral networks profitably.
“We have a team of client relations executives (CREs) who engage with physician offices on a regular basis. Before Excel Health we were not able to determine the value of those relationships,” said Rodney Plunkett, VP Population Health Management of CHI Health at Home. “Now, we can see those physicians, who our CREs may have rated as an A that we thought were getting good capture rates from them, but the data revealed to us that we were not. It really helps us point our sales staff in the right direction and enables them to be more productive and targeted.”
“We believe that the recency of our data is critical in the rapidly changing world of home health and hospice” said Ian Juliano, CEO of Excel Health. “Just as important is the completeness of the data and our ongoing commitment to provide the highest level of performance and quality metrics, which allow our Customers to outpace the competition. Our detailed analytics on every agency, physician, and hospital is creating full transparency in the post-acute market.”
In an ongoing effort to supply the homecare industry with the most complete and actionable performance and market analytics, Excel Health has added over two dozen enhancements to its already robust product lines. Recent highlights include the ability to compare potentially preventable hospital visits against physician hospice utilization rates, and home health hospitalization rates by major diagnostic category and acuity level. To better serve their clients’ need for greater trending analysis, four additional quarters of historical data have also been added.
Excel Health will release its full quarterly report in late May. Sign up now to receive your complimentary copy of the Home Health and Hospice Industry Trend Report here: http://go.excelhealthgroup.com/industrytrendsignup
*Our data highlights the most recent home health and hospice market trends. Medicare Hospice data is reported through Q4 2017. For Home Health, we report through Q3 2017. While we present Q4 2017 in the Excel Health Market Intelligence Portal, we do so with the understanding that CMS has not yet released 100% of the Q4 claims. Because CMS retroactively updates the claims data for each quarter, we have made the decision to wait to present fourth quarter home health information until next quarter.
About Excel Health
Excel Health enables healthcare providers to thrive in the new paradigm of value-based care. With access to complete Medicare Part A and Part B data, refreshed quarterly with only about one quarter lag, (over 1.25 billion claims annually), Excel Health has put the most current, comprehensive, and robust medical databases in the world at your fingertips in our easy to use Home Health and Hospice portals. Our goal is for care networks to be constructed and providers selected based on care efficacy (superior outcomes) and care efficiency (reduced utilization). The potential of our suite of on-demand, cloud-based data solutions to profoundly impact healthcare and patient lives is immediately evident in client success stories. For more information, please visit: http://www.excelhealthgroup.com or to see a demonstration email us at firstname.lastname@example.org.