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Budget 2024: Private hospitals tapped to provide psychiatric telehealth amid crisis

Healthcare IT News - Telehealth

In its latest 2024-2025 Budget, for example, the Ministry of Health and Aged Care announced a funding of A$588 million over eight years to establish a new national digital service to provide support for people in temporary distress. It will be implemented initially over the next two years starting in November.

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CVS Health to Acquire Oak Street Health

Healthcare IT Today

in 2025, with upside in 2025 based on the successful resolution of its Medicare Stars Ratings mitigation efforts. About Oak Street Health Founded in 2012, Oak Street Health is a network of value-based primary care centers for adults on Medicare. And we do it all with heart, each and every day.

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Taking stock of the sudden evolution of telemedicine

Healthcare IT News - Telehealth

Research firm Frost & Sullivan forecasts a sevenfold growth in telehealth by 2025 – a five-year compound annual growth rate of 38%. The Centers for Medicare and Medicaid Services (CMS) began to allow for reimbursement for videoconferencing between healthcare provider and patient.

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RPM strategies for moving from discharge to hospital-at-home care

Healthcare IT News - Telehealth

McKinsey estimates $265 billion worth of care services for Medicare patients could shift from traditional facilities to the home by 2025. Everything from food service and housekeeping to daily nursing visits, transportation, medication administration and specialty consults, to name a few.

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Psychiatrist Shortage Drives Search for Quick Solutions

BHM Healthcare Solutions

By 2025, that shortage could be as high as 6,090 psychiatrists, or 12 percent, according to the U.S. In 2020, legislation increased Medicare-supported residency slots for the first time in decades. Psychiatric mental health nurse practitioner. This works out to a 6.4 percent shortage. Department of Health and Human Services.

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Non-Physicians Do More, Cost Less

ACA Times

An increasing amount of medical care is being delivered by nurse practitioners, physician assistants and other non-physician providers, making care more widely available and helping hold down costs, according to a study by USA Today. By contrast, the number of general practice physicians paid by Medicare declined by 5% from the prior year.

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How Telepsychiatry Can Support an Effective Integrated Care Model

Iris Telehealth

It’s also important to get buy-in from nurses and staff. It’s one of the direct outcomes of the Medicaid 1115 waivers , it’s a primary outcome for certified community behavioral health centers (CCBHC) , and it’s going to be something that insurance payers, Medicare, and Medicaid will require.