Tag Archives: Healthcare

Well Beyond Care Selected as Innovation Hub Finalist

For Immediate Release

Contact:
Lauren Tarrant, RN
COO/CNO
Well Beyond Care, Inc.
(512) 809-4057
lauren@wellbeyondcare.com

Well Beyond Care selected as HFMA Innovation Hub Finalist

Well Beyond Care has been chosen to present at Health Financial Management Association’s Annual Event as part of the Innovation Hub Pitch Event

Austin, TX, Jun 12, 2018 – Well Beyond Care has been selected by the Healthcare Financial Management Association (hfma.org) as one of the top 12 startups that can most influence the healthcare industry out a pool of over 100 candidate companies that submitted their ideas to a nationwide contest.  As a finalist, the Company has been invited to attend the annual HFMA meeting (annual.hfma.org) as a spotlight company in this year’s Innovation Hub and take part in the Virtual Pitch Competition.  The annual meeting is taking place in Las Vegas, Nevada, from June 24th through June 27th.   Well Beyond Care was selected due in part to the way the Company can impact 4 out of the 8 most critical content areas (see graphic below) outline in this year’s mission, including Reducing Total Cost of Care, Creating a Consumer Centric Healthcare Delivery System, improvement to Payment Trends and Models, and leveraging and capturing Trends and Innovation.

Part of the criteria of being selected was how well a company would affect at least one of the following outcomes.

  • Reducing Cost of Care Delivery: Product, service or technology that quantifiably reduces the cost of care delivery through its implementation or utilization.
  • Enhancing the Healthcare Consumer Experience: Product, service, or technology focused on specifically improving the healthcare consumer experience in facets such as patient satisfaction, care coordination, price transparency, communication, etc.
  • Improving Population Health Management through Analytics: Product, service or technology providing analytics that lead to better health and outcomes of patients. Areas and products in the realm of wearables, mobile or telehealth, monitoring, or other digital tools.

As the Company’s CEO, Jeffrey Fry goes on to say, “Part of what makes this a great selection for our company, is being recognized for how we can save families and hospital systems money by reducing readmissions, how we combine high tech with high touch using our nurse navigators, and ultimately we will allow people to age safely in their homes and prevent a large number of emergent events. It is always nice to be recognized for your efforts, but more so by the individuals who are responsible for cost containment while maintaining quality control.”

Presently, Well Beyond Care is operating in 44 States and territories and has clients in over 350 cities. The company did its “hard-launch” in the first quarter of 2018 and is looking to hire upwards of 500 nurses this year as it continues to expand its footprint across the United Stares.  The company is also starting to partner with not-for-profit and public hospitals in order to reduce readmissions and improve outcomes.

About HFMA

With more than 38,000 members, the Healthcare Financial Management Association (HFMA) is the nation’s premier membership organization for healthcare finance leaders. HFMA builds and supports coalitions with other healthcare associations and industry groups to achieve consensus on solutions for the challenges the U.S. healthcare system faces today. Working with a broad cross-section of stakeholders, HFMA identifies gaps throughout the healthcare delivery system and bridges them through the establishment and sharing of knowledge and best practices. We help healthcare stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions. Our mission is to lead the financial management of health care.

About Well Beyond Care

Well Beyond Care is the only company that teaches families and individuals how to find and manage affordable non-medical in-home care, while solving the chronic problems of caregiver truancy and turnover through the web application, WellBeyondCare.com.  The Company’s platform combines the power of the internet with the personal touch of nurses to offer families a pathway to transitional care, allowing our elderly parents to safely age-in-place. Their solution lowers stress in hiring a caregiver and saves families tens of thousands of dollars per year in care costs.

Common Diseases Seniors Face and Challenges in Providing Healthcare Solutions

Due to aging, diet, and living styles, seniors are more prone to degenerative diseases. As people age they become more susceptible to diseases and conditions that make even simple tasks difficult. Routine activities like grocery shopping, preparing meals and running errands become harder as we get older and adopt a sedentary lifestyle, which is why many elderly people seek assistance from caregivers. Though aging is a reality of life, it is important to know which specific diseases are most common among seniors in order to decide a course of action of prevention, and barring that, then which type of care or assistance is best for your needs.

According to a recent article in the New York Times, the most common diseases among seniors in the U.S. are Alzheimer’s or any other form of dementia, high blood pressure, heart disease, depression, diabetes, and chronic obstructive pulmonary disease (COPD). Each of these illnesses can have dramatic effects on the quality of life of seniors and their families. Caring for an aging parent with dementia or depression can be especially trying. And while there are some precautions one can take to avoid such diseases, like leading a healthy lifestyle, the inevitable deterioration associated with old age is the leading factor that make seniors vulnerable (Medicinenet, 2013).

Though these conditions may manifest alone as a single disease, the problem gets worse as these conditions overlap. According to recent studies, having one of these diseases may make an elderly patient more susceptible to contracting others. Dr. P. Murali Doraiswamy, a psychiatry professor at Duke University, suggests that there is a link between dementia and vascular diseases. Studies aimed at establishing these connections are currently under way. As these ailments and conditions coexist, seniors suffer more and start to need more care. These overlapping health conditions also call for more specialized care for the senior; they need a caregiver or nurse who has experience working with patients suffering from similar comorbidities.

To date, more than 733,000 Americans live in assisted living facilities (ALFs) (New York Times, 2013). These popular living arraignments for seniors and people with disabilities offer an easy solution for their families if they can afford it. Depending on the preferred facility, level of care required, and professionals called for to provide care, yearly rates may vary, but the cost of living in a nursing home or assisted living facility has increased consistently for the past five years and typically costs about $80,000 annually. With such high costs, many families are looking for more affordable alternatives without sacrificing the quality of care and stability for their loved ones.

Many healthcare professionals, including Registered Nurses (RNs) and Licensed Vocational Nurses (LVNs), are moving away from the old model of finding jobs in an established geriatric living facility. Uncertainty about the future of the healthcare industry has driven many qualified medical professionals to operate independently, working for private pay and visiting the patients in their homes. This limits the cost of care and allows aging loved ones to remain in their own homes.

The number of seniors who need personal care is ever increasing in the US. These individuals and their families have enough stress in their lives dealing with illnesses and deteriorating health, that the addition of navigating the waters of elderly care is simply too difficult to take on alone. Fortunately there are many resources available today that can help seniors and their loved ones find the care they need at a cost they can afford.

Well Beyond Care gives caregivers and those who need care the tools to manage their in-home care online. Caregivers, registered nurses, certified nurse assistants, and geriatric care managers can use the website to be best matched with Careseekers looking for care, set their wages, post their weekly availability, receive weekly payment, and build their resume and portfolio with real experience. Careseekers and family members looking for someone to give care for their parents or loved ones, can use the website to search for qualified nurses, CNAs and caregivers, are matched with a caregiver who can best can deliver care to specific care needs, monitor their caregivers’ schedules and payment online and receive personal support from the nurse that is assigned to them when they join. Join for free today at WellBeyondCare.com.

Study Shows, Wearables Do Not Improve Outcomes

While we are a big believer that technology is a great boon to health care and in improving outcomes, and healthcare in general, we have always had our doubts on the efficacy on wearables in truly improving outcomes, or caregiving in any measurable way. Now a new study conducted by Cedars-Sinai investigators published in Nature Partner Journal, NPJ Digital Medicine indicates that these very expensive wearables have essentially no effect on improving medical outcomes.

As outlined in Health Management Technology’s article, “Analysis shows lack of evidence that wearable biosensors improve patient outcome,” over the past ten years, there has been no significant improvement in patient outcomes with or without wearable. Well Beyond Care has always believed that while technology is wonderful, but without a competent and dedicated caregiver, that any improvement in tech is pretty much useless. The trick is in integrating technology to improve excellent and dedicated caregiving.

How Can I find the Best Caregiver for my Parents?

More than ever, we live in a long-distance society and finding the best caregiver for your parents requires a lot of consideration. To begin with, being far away and entrusting your aging parents in the hands of others may be a tough decision, but knowing that they are in the good hands of a trusted and qualified caregiver can lower stress, give you and your parents piece of mind, keep them out of the hospital, and actually prolong the length and quality of life for them.

Before making any decisions, it is important to know your options in choosing the best caregiving means for your parents. There are a number of live-in facilities offering caregiving, and it’s up to you to decide which option best suits your parent’s individual caregiving needs. It is vital that you get to know each healthcare facility and what they have to offer, which will allow you to decide whether or not you are making all the right decisions for your folks. It is advisable at this juncture to try and locate a healthcare professional who knows the good versus poor facilities in your area.  You might be shocked at the exorbitant cost of housing your parents in a healthcare facility, and may decide that hiring a in home private caregiver is actually the best option.

In-Home Care: An Excellent Health Care Option

In most cases, having to leave one’s home to move into a nursing home or assisted living facility gives elderly patients unnecessary anxiety and stress. Alternatively, hiring an in-home caregiver to come take care of your parent in their home where they are comfortable and familiar alleviates this stress. They can get the same health care and assistance they require from the comfort of their home through personalized home health care services.

There are a number of different levels of home caregiving at a varying range of pricing that you can choose from, depending on the particular needs of your parents. You can employ a geriatric care manager to help you determine which level of care or qualification your parents might need. Qualification levels include Registered Nurses (RN), Licensed Vocational Nurses (LVN), Skilled Caregivers, and Companions or Homemakers. Their qualifications and expertise may vary, but these professionals and skilled health care workers provide assistance to their elderly home care clients in their clients’ own homes.

The responsibilities that these home health care professionals provide range from assisting their elderly clients undertake their daily tasks of living, such as taking a bath, using the toilet and administering medicine, to other routine activities that aging patients may need help with, such as going to a doctor appointment, grocery shopping and doing laundry.

What You Need to Know About a Home Care Provider

As soon as you have decided to hire a home health caregiver for your parents, the next thing you need to do is decide which duties that caregiver will need to perform to effectively care for your parents. For instance, you may address the following points concerning your caregiver of choice:

  • Skills or qualifications
  • Recommendations from past patients or clients
  • Number of years experience in caregiving
  • Accreditations and licenses
  • Confidentiality and client privacy policies
  • Records of inspections, ratings, and client satisfaction
  • Criminal background check

Apart from these concerns, you should also consider your budget. Hiring an in-home caregiver is typically much more affordable than nursing home or assisted living facility care. But more importantly, it is all about looking for a caregiver that offers the service that your parents require, at a rate you can afford.

Hiring an individual skilled caregiver is an excellent way to save money while building a close personal relationship with a high quality care professional.  But in saving money, make sure you are NOT endangering your parents by hiring an unscreened or unqualified caregiver.

Well Beyond Care gives both caregivers and those who need care the tools to manage their in-home care online. Caregivers, registered nurses and geriatric care managers can use the website to be matched with Careseekers and their family members who are looking for care, set their wages and weekly schedule, receive weekly payment, and build their resume and portfolio with real experience. Careseekers, or family members looking for someone to help care for their parents or loved ones, can use the website to be matched with caregivers who best match their specific care needs, monitor their caregivers’ schedules, and make payment online and receive personal, local support from a local Nurse Care-Pair Manager. These Nurse Care-Pair Managers offer assistance in understanding what is available with care in your community as well as helping you navigate any issues you might run into using the Well Beyond Care website. Join for free today at WellBeyondCare.com.