Integrating Hospice Dynamix software with MatrixCare’s electronic healthcare records system enables providers to harness the power of AI to predict length of stay, mitigate compliance risk, and optimize operations
June 27, 2023 —MEMPHIS, Tenn.–(BUSINESS WIRE)–Hospice Dynamix™, a predictive analytics software platform from Diversified Health Technology (DHT), today announced a strategic partnership with MatrixCare, a leading SaaS provider for out-of-hospital care settings. This marks the first integration of Hospice Dynamix™ with an electronic healthcare records (EHR) system.
The Hospice Dynamix software platform is a patent-pending, AI-powered, cloud-based SaaS solution that provides hospice organizations with continuous, automated predictive analyses of their financial, marketing, and operational health. The solution is built on a continuously updated Predicted Length of Stay (PLOS) projection designated to every patient upon admission. This automated PLOS projection powers a user-specific dashboard that provides real-time insights into: 1) Medicare revenue and Cap projection for every open year; 2) referral source behaviors, quality, and value; and 3) compliance risk and audit readiness.
“We are thrilled to announce MatrixCare as our inaugural EMR integration partner,” said Terry Swatley, CEO of Hospice Dynamix. “Their strong alignment with our vision of delivering exceptional value to their customers, coupled with their remarkable capabilities for open integration and collaborative approach to partnerships, makes them an outstanding choice for this groundbreaking alliance with Hospice Dynamix.”
“Hospices encounter numerous challenges in providing the remarkable benefits of end-of-life care,” said Tim Smokoff, general manager of Home Health and Hospice at MatrixCare. “Identifying partners like Hospice Dynamix who can assist them in achieving greater operational efficiency through data management is just one of the ways MatrixCare strives to support our customers in tackling these challenges effectively.”
About Hospice Dynamix
Founded by former hospice owners and operators, Hospice Dynamix is the first decision intelligence software that designates a Predicted Length of Stay (PLOS) for every patient from admission through the end of life. The Hospice Dynamix mission is to provide innovative, technology-based solutions that inform providers of their financial and operational risks and eliminate inefficient and ineffective methods. Leveraging proprietary real-time, automated predictive analytics, we offer solutions that empower healthcare providers with BETTER information to make BETTER decisions and provide BETTER results. For more information or to schedule a demo, visit hospicedynamix.com
MatrixCare enables long-term, post-acute care (LTPAC) organizations to provide better health outcomes for seniors while successfully managing risk in out-of-hospital care delivery. Multiyear winner of the Best in KLAS Award for Long-Term Care Software, MatrixCare is trusted by thousands of senior living, skilled nursing, and accountable care organizations; life plan communities; and private-duty, home health, and hospice agencies. MatrixCare’s active care management platform helps providers connect and collaborate to keep America’s seniors healthy and optimize outcomes for the populations under their care.