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Industry Landscape
Total Assets Under Management (AUM)
in
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( CAGR)
Total Addressable Market
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Telehealth Platforms
Secure, HIPAA-compliant platforms enabling remote delivery of therapy services and consultations, expanding access and flexibility.
AI-Powered Personalized Learning & Therapy Tools
AI applications that adapt therapeutic exercises and educational content to individual needs, providing real-time feedback and progress tracking.
Wearable Sensor Technology
Devices that monitor physiological data and activity levels to inform therapeutic interventions and track progress in functional skills development.
Virtual Reality (VR) for Therapy
Immersive VR environments for exposure therapy, social skills training, and motor rehabilitation in a controlled and engaging setting.
Impactful Policy Frameworks
Indiana Medicaid Waiver Policy Updates (Ongoing)
Indiana's Family Supports Waiver (FSW) and Community Integration and Habilitation Waiver (CIH) policies are subject to ongoing updates and clarifications by the Indiana Family and Social Services Administration (FSSA) and the Division of Disability and Rehabilitative Services (DDRS). These updates often involve changes to covered services, provider qualifications, reimbursement rates, and application processes.
Changes in waiver policies directly affect the scope of services Embracing Abilities Inc. can provide, the eligibility criteria for clients, and their financial sustainability through reimbursement rates.
Public Health Emergency (PHE) Flexibilities Rollback (2023)
Following the end of the federal COVID-19 Public Health Emergency in May 2023, many temporary flexibilities implemented for Medicaid services, including expanded telehealth coverage and relaxed provider regulations, have been or are being phased out. States are now determining which of these flexibilities to make permanent.
The rollback of PHE flexibilities could restrict the continued use of certain telehealth services, potentially impacting service delivery models and access for clients who benefited from remote care.
Electronic Visit Verification (EVV) Mandate (Ongoing)
The 21st Century Cures Act mandates the use of Electronic Visit Verification (EVV) for personal care services (PCS) and home health care services (HHCS) under Medicaid. Indiana has been implementing and refining its EVV system for waiver services.
EVV requirements necessitate system changes and compliance measures for Embracing Abilities Inc.'s PAC and Respite care services, increasing administrative burden but also enhancing accountability and preventing fraud.
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