Our Products can help your organization stay educated and compliant. Shop Now >

Insights

Wages and Caregiver Shortages Are Listed as Top Concerns in a New Study

Posted on Thursday, May 26, 2016 1:05 PM

According to Home Care Pulse’s 2016 Benchmarking study, wage pressures are classified as one of the top three threats to the home care industry. Additionally, the study has proven the following percentages:
• 70% of respondents stated their concern for caregiver shortage, naming it in their top three concerns
• 22.4% of participants stated their concern for caregiver turnover, stating it was one of their top three concerns

The home care industry faces a new threat with increasing the minimum wage rates. According to the study, 26.6% of participants stated that increasing minimum wages was a top threat for the industry.

Additional threats were added as top concerns for the year:
• The Affordable Care Act (ACA)
• Attracting referrals

The report also found that orientation and training hours have made a difference. With Corridor’s Campus Connect training and education, it is a vital component to ensure success in any organization, especially in the non-acute care industry where change is the only constant.

Campus Connect provides:
• Quality evidence-based training, allowing for increased efficiency, productivity, and staff satisfaction
• A comprehensive and interactive education solution
• A world-class customer service and support team
• No software to buy or install

Campus Connect is easy. Contact Corridor to receive a free online demonstration of all that Campus Connect has to offer.

For the full article, click here.


About Corridor

Corridor is a trusted home health and hospice consulting partner to agencies both large and small. We provide the most up-to-date comprehensive homecare industry educational resources and consulting available.

We specialize in delivering better revenue cycle management solutions, coding and documentation review services, regulatory compliance, and healthcare consulting.

For the most important industry updates and news that impacts home health and hospice, please make sure to sign up for our weekly newsletter to receive the latest up-to-date industry information direct to your inbox!

For additional information, please contact Corridor at 1-866-263-3795

Go Back