There are decades-old home health providers that have not yet gone through the Medicare Targeted Probe and Educate (TPE) process. But all home health leaders should familiarize themselves with the review process and its potential outcomes, as well as its challenges. That’s one key takeaway from a recent Home Health Care News webinar that was […]
Content Type: News
The Centers for Medicare & Medicaid Services (CMS) finalized a rule that will result in a 3.7% positive payment adjustment for Medicare Advantage (MA) plans in 2025. According to an analysis done by the private investment banking company Stephens, rates are expected to remain virtually unchanged, with a slight decrease of 0.16%. This marks the […]
The Pharos Capital-backed home health provider Charter Healthcare recently filed for bankruptcy. A petition for Chapter 7 bankruptcy was filed in the Federal District Court of Delaware in late January, Home Health Care News’ sister site Hospice News first uncovered. Filings were found in eight different states, spanning the Rancho Cucamonga, California-based Charter’s former footprint. […]
In his many years in personal home care, Caring Senior Service CEO Jeff Salter has seen trends come and go. One he has stuck with, however, is a constant commitment to searching for the next advancements in technology. Between recruiting, onboarding and care management plans, Caring Senior Service have prided themselves on leveraging technology to […]
Seniors Helping Seniors has long distinguished itself from other home care companies by hiring active seniors to serve as caregivers. Josh Obeiter — an owner of one of the company’s franchise locations — has seen even more added value from this strategy as the industry at large combats labor shortages. At Seniors Helping Seniors, the […]
Last September, the post-acute providers Empath Health and Trustbridge signed a memorandum of understanding to begin an affiliation process. On Monday, that affiliation process was completed, forming the largest nonprofit post-acute provider organization in the state of Florida. Together, the organization will care for 5,000 patients daily and employ more than 5,000 staff members and […]
The insurance policy management company illumifin has released its 10th annual cost of care study, which saw the cost of home care increase more than other industries. illumifin’s study, which “gathers tens of thousands of data points from care providers nationwide,” found that the cost of a home care aide rose by more than 5% […]
CVS Health (NYSE: CVS) recently announced that it would be awarding over $3 million in new grants to Phoenix organizations that are focused on addressing access to care, social determinants of health and more. Among the grant recipients is Phoenix-based Home Assist Health. The CVS Health Foundation has earmarked $2.1 million over three years between […]
Home care providers know that the U.S. population is aging. It’s up to them to adjust, however, and be ready for the seniors they’ll be serving. “The boomers are going to evolve and dictate how we live in later years,” Jisella Dolan, an advisor and consultant with Reverence Care, said during a webinar Thursday. “Retirement […]
Float Health, a nurse staffing and pharmacy referral startup, has landed $10 million in a Series A led by Canvas Ventures. As part of its business model, San Francisco-based Float helps patients receive care in their homes by contracting with registered nurses and scheduling shifts. The company was founded in 2021, and operates in California […]
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