This article is sponsored by CareXM. This article is based on a Home Health Care News discussion with Mike Kearns, vice president of sales at CareXM and Ellen Kuebrich, chief governance officer at CareXM. This discussion took place on August 30, 2023 during the HHCN FUTURE Conference. The article below has been edited for length […]
Since its arrival on the scene in 2021, InHome Therapy has tried to cement its spot as the go-to for home health providers when it comes to their therapy needs. In order to do this, the company has been focused on accelerating its growth through acquisitions. Over the last six months, InHome Therapy has hit […]
Pikeville Medical Center — one of the largest hospitals in eastern Kentucky — announced last week that it’s selling its home health division to Home Care Health Services. In doing so, Pikeville joins the ever-growing list of hospitals outsourcing their home health operations to nearby agencies, often because of workforce or financial challenges. Financial terms […]
In July, CMS released a guide to new and updated frequently asked questions around the Home Health Value-Based Purchasing (HHVBP) model. Yet while home-based care providers certainly have many excellent, technical questions, one sits above all others: How will the expansion of HHVBP affect their reimbursement? The good news: the answer lies more with providers […]
Private equity (PE) firms still see home-based care as an investment area filled with opportunity. That sustained interest is driven by patient preferences. But another driver is providers reaching out to – and seeking out – capital partners. Last year, 37 of the 628 health care PE transactions that took place were home health and […]
The home health care workforce shortage is restricting PE dealmaking, experts suggest. That’s especially been the case over the last year and a half, as micro and macro economic headwinds have also affected both agencies and PE firms. “When you think about it, it takes the margin on a business that was already feeling some […]
One of the most intriguing story lines in home-based care over the next year will be whether home health providers can successfully make themselves an integral part of hospital-at-home care in the U.S. When hospital at home first began to increase in prevalence in 2020 due to the Centers for Medicare & Medicaid Services’ (CMS) […]
The medical record comes to the coder and OASIS reviewers, which contains a large amount of data. While that’s normal, it’s no less daunting. The home health coder receives multiple documents from different providers and settings, often in multiple formats, and with voluminous amounts of pages that must all be reviewed. To properly and fully […]
While there may not have been as many traditional deals in home health care and hospice this year, some large ones have still brought total deal values above 2021 levels. That’s according to a recent report from PwC’s Health Research Institute, which also suggests that home health and hospice is one of only two subsectors […]
Nearly five months after the unveiling of the proposed payment rule caused a stir among home health stakeholders and advocates, the U.S. Centers for Medicare & Medicaid Services (CMS) released its final payment rule on Monday. Back in June, CMS proposed a 4.2% aggregate decrease for 2023, a cut the industry at large felt would […]
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