There’s a potential storm brewing in New York state due to Gov. Kathy Hochul’s executive budget for 2025. The budget proposal includes over $1 billion in cuts to the states’ home care programs. The move is an effort to reduce Medicaid spending. The budget proposal cuts, which was released on Jan. 16, would directly impact […]
After the ink dries following a transaction in the home-based care space, the question of whether to rebrand newly acquired locations sparks an interesting consideration. While some companies swiftly integrate acquired businesses into their brand and splash their logo, marketing materials and likeness on the newly acquired assets, others opt to maintain the selling company’s […]
AccentCare’s new CMO AccentCare has promoted Dr. Balu Natarajan to the roles of executive vice president and chief medical officer (CMO), effective immediately. “In his almost two decades with our company, Dr. Natarajan has been an invaluable asset to our team, demonstrating exceptional leadership and medical expertise,” AccentCare CEO Laura Tortorella said in a statement. […]
As the home-based care industry continues to evolve, enhancing the well-being of employees and addressing caregiver burnout remains a top priority for providers. It’s not uncommon for caregivers to experience moments of feeling unsupported or undervalued. That can often lead to a sense of disconnection within the company from the bottom to the top. To […]
AccentCare appoints Saurabh Gupta as its CFO AccentCare has named Saurabh Gupta as its new chief financial officer. The appointment is effective Jan. 8, 2024. Prior to this appointment, Gupta was CFO at Envision Medical Group. Before that, he served as senior vice president for financial planning and analysis at Steward Health Care, one of […]
Laura Tortorella had her first day as AccentCare CEO Monday. And, in just about a month, the Centers for Medicare & Medicaid Services (CMS) will drop its final home health payment rule. In the meantime, she will be learning as much as she can about a new industry. A health system veteran, she previously served […]
AccentCare announced late Thursday that its CEO, Steve Rodgers, would be stepping down. Rodgers is a long-time veteran in the industry, and to see him go is large news in itself. “Looking back to where we started and seeing where we stand now, I am incredibly proud of what we accomplished, and I look forward […]
Steve Rodgers is stepping down as the CEO of AccentCare. Laura Tortorella, the former COO of Steward Health Care, has been tapped as his replacement. Rodgers led AccentCare for more than a decade, beginning his time as CEO in July of 2012. He was formerly the CEO of OptumHealth Collaborative Care, a division of UnitedHealth […]
With referral rejection rates skyrocketing to new highs in recent years, home health providers have to be more intentional about maintaining strong relationships with referral sources. In 2022, the industry saw a 76% referral rejection rate, compared to 54% in 2019, according to WellSky data. With this in mind, providers are employing a number of […]
Private equity investment remains down in health care services. But the firms active in home-based care will likely have a major impact on the industry in the near future. The decisions those firms make – while entering or exiting – will have a lasting impact. In the second quarter, there were 164 PE deals across […]
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