CareAcademy Hires 3 New Executives; Interim HealthCare CEO Joins RIHC Board

CareAcademy makes new leadership hires A few months after making its first acquisition, the caregiver training platform CareAcademy is adding to its leadership team to support its next stage of growth. CareAcademy announced that Laura Bottino will serve as the company’s CFO; Kristin Relyea will serve as the vice president of product, design and engineering; […]

Transactions: Aveanna Completes Comfort Care Purchase; Interim Announces Third Acquisition of 2021

Aveanna closes $345 million Comfort Care deal Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) has completed its acquisition of Comfort Care, an adult home health and hospice company with operations in Alabama and Tennessee. The $345 million deal included $55 million in estimated net tax benefits. Comfort Care is expected to be fully integrated into Aveanna […]

Senior Care Stakeholders: Latest COVID-19 Relief Proposal Is ‘Shameful,’ ‘Anemic’

Senate Republicans are close to unveiling their latest version of another coronavirus relief bill, with reports suggesting party leaders may do so Wednesday or soon thereafter. The proposal — first obtained by Washington, D.C.-based newsroom Roll Call — is viewed as a “skinny” version of the previously released HEALS Act from July. Among its provisions, […]

Dozens of Home-Based Care Businesses Have Received PPP Loans of $5M+

Since funds became available, in-home care businesses across the U.S. have received more than $666.36 million in loans of under $150,000 via the Paycheck Protection Program (PPP), a July Home Health Care News review of federal data found. They have received hundreds of millions of dollars in large PPP loans at or above $150,000 as […]

With Stimulus Deadline Nearing, Home-Based Care Industry Scrambles to Secure Additional Relief

Friday is the deadline set by House Democrats and Senate Republicans for agreeing to a new coronavirus stimulus package. Home-based care stakeholders have had ample time to review the publicly released details from both parties’ plans — and they have a wishlist of additional provisions they’re still hoping to see. One of the central pain […]

Time for Policymakers, Hospitals to Bet Big on Home-Based Care

It’s time for policymakers, hospitals and everyone else at the health care roulette table to bet all their chips on proactive, pre-acute home-based care. During the coronavirus pandemic, the U.S. health care system has undergone a massive change marked by the skyrocketing use of telehealth technology and the shift away from brick-and-mortar medical appointments. In […]

As Hospitals Lose $50B Per Month, Home Health Providers Consider New Acquisition Opportunities

Across the U.S., hospital systems are bleeding money. The coronavirus is largely to blame, with most of the country suspending elective procedures and non-essential hospital services for the majority of spring. The American Hospital Association (AHA), for example, estimates that COVID-19’s financial impact to hospitals and health systems over the four-month period from March 1 […]