By Clearday Research Team 10,000 Americans turn 65 every day. 35 million people per year in the U.S. provide unpaid care to an adult over 50. While there are 28,650 residential care communities in the United States, the problem is— no one wants to live…
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Research
The Hidden Costs of Care on Employers
By Clearday Research Team It is widely understood that dementia is a heavy financial burden for those who suffer from it directly. However, employers may also be burdened by the hidden costs of care. Caregivers spend an average of 20 additional hours a week managing…
The Hidden Costs of Care on Employees
By Clearday Research Team More than 1 in 6 Americans working full-time or part-time report assisting with the care of an elderly or disabled family member, relative, or friend. In fact, ~42M US adults provide unpaid care to a loved one over the age of…
Reimbursement Opportunities for PCP and Inpatient Settings – A Shift to Value-Based Care
By Clearday Research Team Outpatient and inpatient facilities are increasingly being measured on patient experience and health outcomes – pillars of value-based care – and increasingly reimbursed for the care management activities required beyond initial diagnosis for chronic diseases. The effect on financial performance is limited…
CMS Codes for Patient Reimbursement as it Relates to Dementia Care
By Clearday Research Team Currently, there is little association between patient experience and financial performance, but payers are beginning to focus on it more as the shift to value-based care continues. CMS has increasingly established codes for the entire care cycle of chronic diseases – not…
Are Hospitals Ready to Meet the Growing Demand of Dementia Care?
By Clearday Research Team For a person with dementia, admission to an acute hospital may be both confusing and frightening. Even though many need hospital treatment, the stay could negatively affect their physical, mental and cognitive abilities. Hospital environments and staff interactions contribute to health…