Texas-based HomeWell Senior Care, a private duty home care franchise company, has a new owner with a background in hotels—and big plans to ramp up growth. Bruce Haase has acquired a majority stake ownership in the company for an undisclosed amount, while founder Joshua Hoffman retains one-third ownership. The company, which was founded in 2002, […]
After a long weekend, get a jump-start on your week with our Must-Read News flash. See what headlines caught our eye around the web. Keep reading to see our top stories on all things home health and home care from last week. The royal wedding of Prince Harry and Meghan Markle was a highlight of […]
Top executives for Addus HomeCare Corporation (Nasdaq: ADUS) and LHC Group, Inc. (Nasdaq: LHCG) touted their recent M&A wins last week—while hinting there’s likely more to come. Addus CEO Dirk Allison and LHC Group CEO Keith Myers discussed the home health industry’s bustling M&A landscape and provided overall updates on their respective companies during the […]
A technology-forward home care startup based in the United Kingdom has raised $17 million in a Series A funding. The business, which launched in November 2016, has raised approximately $21 million to date. London-based Cera, which was recently embroiled in an online fake review scandal, will use the funding to push out its new CeraFlex service […]
National health insurance giant Anthem, Inc. (NYSE: ANTM) is buying Nashville-based Aspire Health, the nation’s largest non-hospice, community-based palliative care provider. Terms of the deal were not disclosed. Anthem’s play for Aspire Health, announced Wednesday, is the latest deal to further blur the lines between insurance companies and in-home care businesses. Humana (NYSE: HUM) and […]
Only two companies with strong home health ties—Kindred Healthcare (NYSE: KND) and Humana (NYSE: HUM)—graced this year’s Fortune 500 list, but the industry as a whole appears to be inching its way closer to the top. The Fortune 500 list is an annual ranking of U.S. companies, both private and public, based on total revenues […]
U.S. lawmakers have introduced legislation to delay the mandated implementation of electronic visit verification (EVV) in home care by one year. Under current provisions in the 21st Century Cures Act, a $6.3 billion piece of legislation signed into law under the Obama administration, Medicaid-reimbursed home care providers must begin adopting EVV systems before Jan. 1, 2019. […]
To be a breakout partner in the evolving health care landscape, clinical excellence is key, which is why home health care providers are continuing to spend time and resources bulking up their performance. For Baton Rouge, Louisiana-based Amedisys (Nasdaq: AMED), focusing on improving clinical care has boosted its star ratings on Home Health Compare over […]
After announcing it was branching out into senior living, home care franchise company BrightStar Care has shifted its aims for growing out its BrightStar Senior Living brand. Gurnee, Illinois-based BrightStar Care is one of the largest providers of home care in the nation, with more than 300 locations in 37 states. The first assisted living […]
The home health care industry rejoiced after the prior authorization demonstration from the Centers for Medicare & Medicaid Services (CMS) was put on hold indefinitely in 2017. However, the Government Accountability Office (GAO) is urging CMS to extend prior authorization across the general health care space, according to a recent report. The payment approach requires health […]
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