Vivid Health expanding AI platform to home health market
The company is already engaged with multiple home health and hospital-at-home organizations that have expressed interest.
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Vivid Health, an artificial intelligence-powered care management company, is expanding its generative AI platform to support the home health market, with an eye toward helping home health agencies potentially double the number of patients they accept per day, while also significantly reducing administrative burdens.
The company is already engaged with multiple home health and hospital-at-home organizations that have expressed interest, it said.
The home health market has exploded over the past few years and is expected to continue growing exponentially. Just for Medicare and Medicare Advantage beneficiaries, a recent McKinsey report predicted that up to $265 billion worth of care services could shift to the home by 2025.
WHAT'S THE IMPACT?
Vivid's AI engages patients during the intake process by asking simply phrased questions about their care preferences, information related to their conditions and overall mental health. Vivid then aggregates this information and pairs it with available data from the patient's medical record to form the basis of the data it provides the large language model (LLM).
This approach, the company said, accelerates completion of the Outcome and Assessment Information Set (OASIS) documentation and creates a personalized care plan required by the Centers for Medicare and Medicaid Services for all hospital discharges to home health.
As a result of the automation, 94% of OASIS sections can be started before the clinician enters the home, and the clinician only needs to validate the answers as part of the visit, said Vivid.
Vivid also built an automated follow-up function within their platform that creates ongoing, automated check-ins with the patients and their caregivers throughout the episode of care. This, the company said, allows the platform to essentially serve as a "personal assistant" to the clinician, highlighting where needs may exist and prioritizing the workflow.
Launched in 2023, Vivid Health's multispecialty care management platform covers 16 specialties and more than 100 conditions. The platform has already been used by accountable care organizations (ACOs) on their value-based care initiatives to cut chronic condition care-plan development time to just three minutes, said Vivid.
Vivid's expansion into home health is the company's latest move to deploy its Provider Led AI across healthcare organizations with chronic care management programs.
The company's future roadmap also includes plans to introduce AI-automated care planning and documentation for the Hospice Outcomes and Patient Evaluation (HOPE), the assessment tool for hospices forthcoming from CMS.
THE LARGER TREND
Answering a series of questions from lawmakers, the Congressional Budget Office addressed artificial intelligence and machine learning in healthcare in March, determining that the evidence on the usefulness of the technology is mixed, particularly when it comes to costs.
AI and ML tools might affect healthcare costs in the future in many ways, CBO said, including by detecting illness earlier or identifying patients who might benefit from preventive interventions. But while some uses of those tools might reduce costs by preventing the need for costlier care or eliminating unnecessary care, others might increase costs by spurring the development of expensive new technologies with meaningful health benefits, or by identifying additional patients who might benefit from certain medical services.
The HIMSS AI in Healthcare Forum is scheduled to take place September 5-6 in Boston. Learn more and register.
Jeff Lagasse is editor of Healthcare Finance News.
Email: [email protected]
Healthcare Finance News is a HIMSS Media publication.
