Plus: Is it time to sell your business?
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Three interesting studies came out in the past week with important data for homecare. The first, from the Center for Retirement Studies at Boston College, is called “What Level of Long-Term Services and Supports Do Retirees Need?” and finds that about a quarter of people 65+ will have severe needs for long-term services and supports, 38% will have moderate needs and 22% will have minimal needs. The center plans another paper on seniors’ ability to pay for those services.
That seems to be yet another indicator of the need to staff up for nurses and caregivers—as is the new “Building the Care Giving Workforce our World Needs,” from Home Instead Senior Care and the Global Coalition on Aging. The report has some shocking data on the global shortage of caregivers and urges “elevating caregiving as a profession and building a robust workforce that can meet the needs of society, aging individuals and their loved ones.” 
The third study, published in the Canadian Medical Association Journal, develops a clinical tool designed to predict death risks for seniors in homecare, based on data gathered from around 450,000 cases. “Our model … can inform when palliative care should be started” and can be factored into the care plan, the authors write. 
On a lighter note, we’re packing for Phoenix for Medtrade West—our first conference or show travel since March of 2020. We couldn’t be more excited to see everyone, to learn from the conference and expo, and to find out more about how the industry is doing after a tumultuous 16 months. Please stop by the HomeCare booth (No. 420) if you’re there. 
See you (perhaps in person) Monday! 
Quality of Care Hits Home
Learn more here.
Philadelphia Insurance Company
New Product Roundup
Is your staff spending too much time on revenue cycle management (RCM)? Learn about a way to strengthen billing and claims management, increase your operational efficiencies and eliminate the need to ramp up staffing. Download the white paper to learn more.
Nurse turnover and burnout is higher than ever. In this white paper from IntellaTriage, learn the one change you can make to improve nurse job satisfaction and patient experience, while increasing cost savings. Download here.
How to Know When to Sell Your Retail Location
Deciding to say goodbye is hard. Tim Rutti, formerly of Valley Medical Supplies, shares his story here.
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