Editor’s Picks: Amedisys Founder Identified Among Flood Victims
This week, the nation was gripped by a torrential rain and devastating flooding that claimed more than dozen lives in Louisiana, including the founder and former CEO of Amedisys Inc (Nasdaq: AMED).
We kept readers up to date on industry happenings, including a new home health insurer venture that ties payments to quality outcomes and BrightStar Care’s plan to add 26 new locations in Philadelphia. With just a few more days of the 2016 Olympics in Rio left, we kept our excitement for U.S. athletes by cheering on Fred Winter, a 101-year old who ran his own 100-meter race. #goals
Amedisys Founder Identified Among Baton Rouge Flood Victims—The body of the founder and former CEO of one of the nation’s largest home health care companies was recovered Tuesday in Baton Rouge, Louisiana, where devastating and unprecedented flooding has claimed nearly a dozen lives. William “Bill” Borne, 58, died of accidental drowning, several news outlets have reported. Borne founded Baton Rouge-based Amedisys Inc. (Nasdaq: AMED) in 1982 and resigned as CEO in early 2014.
New Company to Help Large Insurers Set Home Health Payments—Some home health providers in Pennsylvania will soon have their payments tied more closely to quality outcomes, as a major insurer joins forces with a newly formed and first-of-its-kind post-acute management company. The new venture, HM Home and Community Services LLC, stems from Allegheny Health Network (AHN), an integrated health care delivery system that serves 29 Pennsylvania counties and parts of New York, Ohio, and West Virginia.
BrightStar care to Add 26 Home Care Locations in Philadelphia—One of the nation’s largest home care franchise companies is expanding with 26 new franchise locations in Philadelphia, Pennsylvania. BrightStar Care, a top 10 performing home care franchise company, is adding the locations to the area due to a “clear demand” for its services, which include medical and non-medical in-home care services. The company has a target of 50 new franchise units across the country this year.
Around the Web
This Will Be the Country’s Largest Jobs Sector in 3 Years or Less—Where do you see yourself three years from now? For the majority of Americans, the answer to that question may involve a job in health care. Every one in four jobs created is in the health care industry, and experts predict the industry is growing even faster than originally predicted.
Professions Associated with Women are Lower Paid—Ai-Jen Poo, director of the National Domestic Workers Alliance and co-director of the Caring Across Generations campaign, pens an opinion piece for The New York Times on the larger patterns of gender inequality in the economy that must be “disrupted,” including home care.
29-Year Old CEO of HRS, Jarrett Bauer, Named to Forty Under 40 List—Jarrett Bauer, the 29-year-old CEO and co-founder of Health Recovery Solutions (HRS), was recently named to New Jersey’s “Forty Under 40” list by NJBIZ. The list included the state business leaders who demonstrate a commitment to business growth, professional excellence and community welfare. Since its founding in 2012, HRS has reached more than 8,000 patients with its home installed, proprietary software.
101-Year-Old Michigan Man Competes in 100-Meter Das in Senior Olympics—At 101, Fred Winter could give Usain Bolt a run for his medals, People Magazine reported. One day before Bolt won the 100-meter race in just 9.81 seconds at the Rio Olympics, Fred Winter thrilled the crowd at the Michigan Senior Olympics by completing the same race in just over a minute. Winter also self-proclaims to be able to do 100 push-ups.
Written by Amy Baxter