In the last year, home- and community-based service offerings either stayed relatively flat or dipped among most of the largest nonprofit senior living providers. While senior living providers remain generally committed to these services, they have been tough to manage due to various factors, namely staffing woes. That and other takeaways are according to the […]
Ziegler
The explosion of hospital-at-home programs in the U.S. is partly thanks to the Centers for Medicare & Medicaid Services’ (CMS) “Acute Hospital Care at Home” waiver, which will last as long as the public health emergency (PHE) is active. And it’s not shocking that health systems, hospitals and home-based care agencies helping to facilitate hospital-level […]
Over half of the U.S.’s largest nonprofit senior living organizations now offer some sort of home- and community-based services. That’s according to the LZ 200, an annual report conducted by the aging-focused advocacy organization LeadingAge and Ziegler Healthcare Investment Banking. Chicago-based Ziegler is a privately held investment bank specializing in home health care and senior […]
As COVID-19 cases rise across some parts of the country, a Southwest company’s innovative care model is garnering its own attention. Phoenix-based Sun Health At Home has reached 100 members in its home-based continuing care retirement communities (CCRCs), a unique aging-in-place concept that has been gaining traction in recent years. The CCRC-at-home model now seems […]
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 […]
Advantage In-Home Services, a provider of personal home care, has been acquired by Alpine Investors* and will partner with Alpine’s portfolio company TEAM Public Choices. The deal should help TEAM expand geographically and service-wise, and will yield liquidity to Advantage’s founder, who is retiring. Financial terms were not disclosed. Prior to this transaction, Advantage In-Home […]
Kendal Corp., one of the largest nonprofit senior housing providers in the nation, is making a push to expand its Kendal at Home offering, as part of a recently devised strategic plan. Founded in 2003, Kendal at Home was an early example of a “CCRC Without Walls” program, in which members put down an entrance […]
Forget the latest iPhone release, retail giant Best Buy (NASDAQ: BBY) has unveiled a new technology service as part of its in-store product line-up that aims to serve seniors and baby boomers. The Richfield, Minnesota-based retailer has added its name among other national, well-known brands offering technology solutions to senior care, rolling out its Assured […]
The home health sector has faced a few hurdles since the beginning of 2017. Publicly announced home health M&A activity proved lackluster in the first and second quarter of the year, as the industry continues to reel from regulation overload from the Centers for Medicare & Medicaid Services (CMS). But despite these challenges, investors are still drawn to the industry, even […]
This week, Home Health Care News readers were among the first to know that the Centers for Medicare & Medicaid Services (CMS) officially plans to launch the home health prior authorization requirement in five U.S. states. Readers also learned why some experts believe an overtime wage rule will not impact the home care industry too […]
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