Monday Jump-Start: Brookdale’s Rumored $3 Billion Buyout
Welcome back from another weekend, Home Health Care Readers. Catch up on all things home health and home care with our Monday Jump Start—I know you don’t want to miss our latest news about Brookdale’s potential buyout!
Brookdale Senior Living (NYSE: BKD) reportedly received a takeover bid for $3 billion from Chinese real estate and leisure group Zhonghong Zhuoye Group Co Ltd, which also has a big stake in SeaWorld Entertainment Inc. The story was first reported by Reuters.
Last week, we also took a deep dive into the boon in joint venture deals between home health care providers and hospital and health systems. Navigating this landscape is paying off big for some major home health players.
The Centers for Medicare & Medicaid Services (CMS) released its 2018 ICD-10 codes, which are to be used for discharges occurring from Oct. 1, 2017 through Sept. 30, 2018. View the new index here.
Around the Web
New Jersey-based Bayada Home Health Care is a big name in the home health care industry, but its emergence in the Vermont market eight years ago may have rustled some feathers among nonprofit providers, writes Alicia Freese for Seven Days, a Vermont independent publication.
Written by Amy Baxter