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BETTER UNDERSTANDING YOUR PERSONAL CARE MARKET Originally presented April 2012

Better understanding your personal care market

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Page 1: Better understanding your personal care market

BETTER UNDERSTANDING YOUR PERSONAL CARE MARKET

Originally presented April 2012

Page 2: Better understanding your personal care market

SPEAKER BACKGROUNDOver 20 years in home care35 years of experience in planning and

marketingMBA from the Sloan School of Massachusetts

Institute of TechnologyPresident, Healthcare Market Resources, a

market intelligence providing customized market research to home health agencies and hospices, including MD/facility referral trends

Page 3: Better understanding your personal care market

AGENDASize Your Market

Physician Targeting

Hospital Discharge Patterns

Page 4: Better understanding your personal care market

SIZE YOUR MARKET-PERSONAL CARE

Determine the number of individuals living in your service within the various age groups

Determine how many within each age group will need assistance

Determine how many are candidates for services @ homeNumber of nursing home beds & assisted living beds

Determine % of families with sufficient income levels

Determine number of individuals living alone

Page 5: Better understanding your personal care market

NUMBER OF LIMITATIONS TO DAILY LIVING (%)

Age Group Total None 1 2 3+

65+ years 100.0 94.3 (0.13) 1.4 (0.06) 1.2 (0.05) 3.2 (0.09)

65-74 years 100.0 97.1

(0.11) 0.7 (0.05) 0.6 (0.05) 1.6 (0.08)

75-84 years 100.0 93.9

(0.21) 1.4 (0.10) 1.2 (0.09) 3.5 (0.16)

85+ years 100.0 82.2 (0.62) 4.7 (0.33) 3.4 (0.28) 9.7 (0.49)

Page 6: Better understanding your personal care market

SIZE YOUR MARKET-MEDICAID WAIVERDetermine number of dual eligibles in your

county/countiesMultiply by the proportion of your service

areaMultiply by % of dual eligibles receiving full

Medicaid benefits

Page 7: Better understanding your personal care market

MEDICARE DUAL ELIGIBLESTATE: YOURSTATE

COUNTY CTY # ELIGIBLE MGD CARE % PART B DUALS

BATH 18050 2,186 12 0.55 170 102

BELL 18060 6,522 190 2.91 335 201

BOONE 18070 11,139 1082 9.71 854 512

BOURBON 18080 3,241 204 122

BOYD 18090 10,854 160 1.47 786 472

Page 8: Better understanding your personal care market

PHYSICIAN TARGETINGProblem is knowing which MD’s to call upon

Largest practicesMost patients on home health

Head nurse or office manager may be the key referral source

Type of patient may vary by specialtyShort term vs. long term

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HOME HEALTH PHYSICIAN REPORTFirst_Name Last_Name Specialty 1 Specialty 2 Primary Specialty Address City State

JUAN BERNAL

Physician - Internal Medicine - Cardiovascular Disease

Physician - Internal Medicine

Cardiovascular Disease 2700 10TH AVE S BIRMINGHAM AL

PARKS PRATT

Physician - Internal Medicine - Rheumatology

Physician - Internal Medicine Rheumatology 4300 W MAIN ST DOTHAN AL

PARKS PRATT

Physician - Internal Medicine - Rheumatology

Physician - Internal Medicine Rheumatology 4300 W MAIN ST DOTHAN AL

DAMIAN COLLINS Physician - Internal Medicine Internal Medicine100 MEMORIAL HOSPITAL DR MOBILE AL

DAMIAN COLLINS Physician - Internal Medicine Internal Medicine100 MEMORIAL HOSPITAL DR MOBILE AL

DAMIAN COLLINS Physician - Internal Medicine Internal Medicine100 MEMORIAL HOSPITAL DR MOBILE AL

DAMIAN COLLINS Physician - Internal Medicine Internal Medicine100 MEMORIAL HOSPITAL DR MOBILE AL

Page 10: Better understanding your personal care market

HOME HEALTH PHYSICIAN REPORTDeciles

Overall Overall Overall Hom Hlth Hom Hlth Hom Hlth Hom Hlth Hom Hlth

Zip Phone Fax PracticePractice Specialty Hom Hlth Neuro Hemonc Cardioresp EndoDiabet Ortho

35205 2059390139 1 1 1 1

36305 3347939564 3346718907 8 9 1 1

36305 3347939564 3346718907 8 9 1 1

36608 2513422641 2513439507 5 4 7 6 5 6 6 6

36608 2513422641 2513439507 5 4 7 6 5 6 6 6

Page 11: Better understanding your personal care market

HOME HEALTH PHYSICIAN REPORTHom Hlth Hom Hlth

share_MD Agency

100

ALACARE HOME HEALTH & HOSPICE

50

MID-SOUTH HOME HEALTH AGENCY, LLC

50MID-SOUTH HOME HEALTH

8.6

10.8

TENDER LOVING CARE, AN AMEDISYS COMPANY

16.1

AMEDISYS HOME HEALTH OF MOBILE

Page 12: Better understanding your personal care market

HOSPITAL DISCHARGE PATTERNSUnderstand to what sites of care does a given

hospital discharges its patientsHome health, SNF, Rehab hospital,

Community(No care)By DRG

Is there a bias to use in-house resources?Transitional care units tend to have shorter

lengths of stay than freestanding SNF’sImpact of healthcare reform

Page 13: Better understanding your personal care market

PATIENT PROTECTION & AFFORDABLE CARE ACTMedicare Re-admission Penalties

Three DRG sets subject to potential penalties in FY2013, based on FY2012 results Acute Myocardial Infarction(AMI) Pneumonia Chronic Heart Failure

Additional DRG sets in 2015 Chronic Obstructive Pulmonary Disease(COPD) Coronary Artery Bypass Graft(CABG) Percutaneous coronary intervention(PTCA) Vascular Procedures

Hospitals judged by all hospital re-admissions in thirty(30)day period following discharge, regardless of hospital

Page 14: Better understanding your personal care market

PATIENT PROTECTION & AFFORDABLE CARE ACTMedicare Re-admission Penalties

Worst-case Scenario 1% of ALL Medicare re-imbursement in 2013 2% of ALL Medicare re-imbursement in 2014 3% of ALL Medicare re-imbursement in 2015

Penalties based on prior year results

Page 15: Better understanding your personal care market

PATIENT PROTECTION & AFFORDABLE CARE ACTAccountable Care Organizations

Limited initial interest; too much upfront $$Medicare accommodated thru different modelsMoney will be made thru reducing or eliminating

services or substituting lower cost servicesPost Acute Bundling

Limited scope of servicesInitial offering oversubscribedMONEY IS IN PREVENTING HOSPITAL RE-

ADMISSIONS

Page 16: Better understanding your personal care market

HEALTHCARE REFORMKey Concepts

Value-Based Purchasing“Tearing Down the Silos”Outcomes-Based ReportingPost-Acute Integration

HOW CAN YOU OFFER VALUE?

Page 17: Better understanding your personal care market

UNDERSTANDING YOUR KEY ACCOUNTWhich DRG’s are important to me?

Where does the hospital tend to send these patients by site of care? Which specific facilities/agencies?

How do they compare to their region/state and best practices?

Do they have a length of stay issue?How elderly is their patient population(80+)?

Page 18: Better understanding your personal care market
Page 19: Better understanding your personal care market

HOSPITAL RE-ADMISSIONS

Quartiles will compress over time

Page 20: Better understanding your personal care market

PROMOTING PERSONAL CAREDoes the hospital have a re-admissions issue?

Are they participating in an ACO or post-acute bundling demonstration project?

How do you prevent re-hospitalization?Falls programMedication managementPhysician visit assistance

Page 21: Better understanding your personal care market

SELLING @THE C-LEVELOutcomes orientedLimited access; fewer times at bat; more at

stakeMultiple agendasCommunicating and getting feedback more

difficultNeed to work thru several layers of the

organization; implementing decisions can be lengthy

Page 22: Better understanding your personal care market

CONCLUSIONSKnow your market to set realistic expectations

Target the “right” physicians to maximize sales rep productivity

Plan your key account strategy to optimize your face time opportunities

Position personal care as a complementary tool for healthcare reform

Page 23: Better understanding your personal care market

CONTACT INFORMATIONRich Chesney

President, Healthcare Market Resources

[email protected]

215.657.7373

215.657.0395(f)

www.healthmr.com