CareThreads Podcast
American Rescue Act

American Rescue Plan Act Overview – How to move quickly to participate

Tom Herzog, Chief Operating Officer, Netsmart
Kevin Scalia, Executive Vice President, Corporate Development, Netmart

President Biden signed the $2 trillion American Rescue Plan Act.

How will it affect your organization?

In this episode of Netsmart CareThreads, Tom Herzog, chief operating officer for Netsmart, and Kevin Scalia, EVP, corporate development at Netsmart, discuss this significant legislation.

What's included? What does the legislation provide for the human services and post-acute provider communities we serve?

Here's what Tom and Kevin discussed:

  • Funding and grant opportunities for human services and post-acute care providers in the American Rescue Plan Act.
  • The impact of COVID-19 on the scale of this legislation.
  • How Netsmart collaborated with leading industry associations to build a common agenda to highlight the funding needs of providers. This included identifying technology as the bridge to full integration with other key components of the healthcare ecosystem.
  • Potential future legislation with levels of funding that could fundamentally change the way Netsmart clients deliver Home and Community-Based Services.
  • Need to move fast: Some providers wait too long to put together a business plan and strategy. While lots of money will be allocated, it will be spent fast. Also, non-traditional competitors are moving into the space.
  • Benefits of thinking big: Look beyond vertical thinking, like opening new facilities, to horizontal thinking, like how to leverage current service lines and expertise in new settings.

This discussion with Kevin Scalia and Tom Herzog was taken from our show Netsmart Care Threads.

If you want to hear more episodes like this one, look for the Netsmart CareThreads podcast on Apple Podcasts, Google Podcasts, Spotify or Stitcher.

You might also enjoy

Featuring: Maria Warren, Vice President Post-Acute Strategy & Alignment, Netsmart  Diana Franchitto, President & CEO, HopeHealth

From Guidelines to Success: The Impact of Standard Operating Procedures in Hospice, Including the HOPE Tool

Maria Warren, Vice President Post-Acute Strategy & Alignment, Netsmart
Diana Franchitto, President & CEO, HopeHealth

April 15, 2025

With the Hospice Outcomes & Patient Evaluation (HOPE) tool set to go live on October 1st, hospice providers are facing a transformative shift in documentation and patient evaluation. In this episode, we explore what it takes to successfully implement HOPE, without disrupting care delivery. Diana Franchitto, a hospice center president and CEO, shares how her organization is navigating the transition by leveraging structured operating procedures, a dedicated task force and a clear implementation timeline. From regulatory compliance to operational challenges, we break down the steps every provider should consider to stay on track.

More
maria-chris-trent

Using AI to Redefine Clinical Workflows and Enhance Outcomes

Maria Warren, VP, Post-Acute Strategy, Netsmart
Chris Yakscoe, Senior Director & General Manager, Bells
Trent Smith, CEO & Founder, Apricot AI

December 12, 2024

Augmented Intelligence is redefining clinical workflows, reducing documentation time and empowering clinicians to focus on patient care. This shift not only improves efficiency but also enhances outcomes and job satisfaction. With tools designed for ease of use and minimal disruption, AI is driving higher productivity and better clinician retention.

More
Maria W and Chris Corneaux

Defining leadership in a new era of healthcare

Maria Warren, VP, Post-Acute Strategy, Netsmart
Chris Comeaux, President & CEO, Teleios Collaborative Network

October 29, 2024

Maria Warren, VP of Post-Acute Strategy, talks with Chris Comeaux, CEO of Teleios Collaborative Network, on what it takes to lead in today’s world— offering a fresh perspective on addressing modern leadership challenges, such as navigating a multigenerational workforce, integrating emerging technologies, and balancing technology with the human touch.

More