Welcome back to the Home Health Care News Monday Briefing. Catch up on the latest industry with our top stories from last week and see what caught our eye around the web.
Start your week with this New York Times article that focused on a study about “daughter care”—the essential role that daughters play in the American health care system. “The best long-term care insurance in our country is a conscientious daughter,” study authors wrote.
Last week, The Centers for Medicare & Medicaid Services (CMS) announced it was extending the transition period for compliance with home and community-based settings criteria in Medicaid. The bulletin notice pushes back the transition period by three years, meaning the compliance period will not begin until March 17, 2022.
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One of the nation’s largest home health care operators, Brookdale Senior Living (NYSE: BKD), is rumored to be in buyout talks with a China-based firm.
Senate Republicans are putting together a bill that would roll back minimum wage and overtime protections grand to home care workers in 2015, Bloomberg BNA reported.
Almost Family (Nasdaq: AFAM) reported strong earnings in the first quarter of 2017, with some of its success stemming from its recent joint venture with hospital system Community Health Systems (NYSE: CYH).
Written by Amy Baxter
Companies featured in this article:
Almost Family, Bloomberg BNA, Brookdale Senior Living, CMS, Medicaid, New York Times
