Why Daily Pay is Home Care’s ‘Flavor of the Day”
Posted on Monday, September 30, 2019 12:46 PM
While PDGM is clearly the main issue in today’s home health world, for at-home care companies, the main issue continues to be workforce challenges. As turnover rates jumped to 82% last year, companies are trying to find solutions to retain employees.
Interim Health care in Florida has implemented a program where each new home health aide is “assigned” to a member of their leadership team. At the 30-, 60- and 90-day points, the member touches base, asks how things are going and encourages feedback. FirstLight home care, which has only a 26% turnover rate, has been focusing on professional development.
Most companies agree that daily pay is not the holy grail in regard to retaining employees, but many companies are trying it out to see if impacts employee retention.
Click here for the full article.
Corridor is the nation’s preferred partner and trusted business advisor to home health and hospice providers, providing quality services and impactful results for 30 years. Focusing on key operational, regulatory and financial challenges, Corridor delivering industry-unique solutions and deep expertise in coding, clinical documentation review, compliance, billing and collections , consulting and provider staff education . At Corridor, we make the business of caring for people Better! 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