It’s fantasy football season: pro football, college football—whatever your league of choice is, you have probably done your homework on every player and team in the league. You can probably spout off statistics on the number of yards rushing, passing, receiving, touchdowns, sacks, tackles, and more. What if you had just as much insight on the competing providers within your post-acute care market?
Can you name the top home health and hospice providers in your region or state? Can you name how many patients a year they treat? If we paid as much attention to the volumes and statistics of our competitive healthcare landscape as we did to our fantasy football statistics, how many more wins would we be able to get?
Every year, LexisNexis Risk Solutions healthcare business looks at more than 1.6 billion medical claims and produces a ranking sheet of the top 100 home health and hospice providers across the United States. This helps post-acute care providers gain a better understanding of their market position, dynamics, and environment for potential mergers and operational growth.
A few of the top ranked this year include:
- Kindred Healthcare
- Brookdale Senior Living
- HCR ManorCare
Home health and hospice markets are incredibly diverse and competitive. In today’s value-based care world, all providers are trying to do much more with less, so it’s critical to gain a clear understanding of post-acute care market trends. Think of it as knowing all of the stats for your favorite MVPs!
The changing landscape of diminishing reimbursements, readmission penalties, and a growing aged population make it essential to not only know your opponent, but to line up your own dream team to stay in the game.
You can read more about our 2019 Top 100 Home Health and Hospice Rankings by downloading our infographics.