Signify Health, Remedy Partners to Bring In-Home Care into Bundled Payments with Planned Merger

Signify Health — a technology-enabled health care services provider — and Remedy Partners — a software company that aligns providers in “episode-based” bundled payment models — have signed a definitive agreement to merge.  Financial terms of the deal were not disclosed. Together, the companies — which are both portfolio companies of New York City-based private […]

Tech Roundup: Netsmart Finalizes Change Healthcare Acquisition

Netsmart Finalizes Acquisition of Change Healthcare’s Home Care and Hospice Solutions Netsmart, one of the largest providers of behavioral health electronic health records (EHRs) in the United States, has finalized its acquisition of the home care and hospice solutions of Change Healthcare, formerly known as McKesson Homecare and McKesson Hospice. Financial terms of the deal […]

Movers & Shakers: Senior Helpers Appoints New Top Marketing Officer

Senior Helpers Bolsters Leadership Team with Chief Marketing Office Hire Baltimore-based in-home care provider Senior Helpers has hired Chuck Sullivan to fill its chief marketing officer position. Senior Helpers is a provider of in-home senior services ranging from specialized care for individuals with dementia, Alzheimer’s disease and Parkinson’s, to personal and companion care to help […]

Movers & Shakers: AlayaCare, Home Care Assistance

AlayaCare Names New Board Advisor Home health care software developer AlayaCare has named Will Falk a member of its board of directors. Falk is a retired partner with multi-national accounting and auditing firm PricewaterhouseCoopers (PwC). He joined PwC in 2012 and led the Canadian health care practice for five years. He has spent 25 years as […]

Bundled Payment Report Illustrates Increased Demand for Home Health

Home health agencies continue to prove their worth in bundled payment programs, and new data from Chicago-based health care consulting firm LewinGroup supports this claim. LewinGroup analyzed health care providers who are participants in the Centers for Medicare & Medicaid Services’ (CMS) Bundled Payments for Care Improvement (BPCI) initiative. The program was established to gauge […]

Movers & Shakers: Addus, Remedy Partners

Bachleda Resigns from Addus Board of Directors Simon A. Bachleda has resigned from the board of directors of Addus HomeCare Corporation (Nasdaq: ADUS), a Downers Grove, Ill.-based provider of in-home and home health care services. Bachleda announced his resignation on October 19. He indicated his decision was based on a desire to focus more on his […]

Bundled Initiatives Moving Forward With or Without CMS

When The Centers for Medicare & Medicaid Services (CMS) the expansion of mandatory bundled payment initiatives was delayed, the decision called into the question the pace of the health care system’s shift toward value-based care. Under the Trump administration, new regulations are broadly being delayed, and some health care requirements are likely to come under the […]