Two executive leaders join Mission Healthcare After the news that Paul VerHoeve would be stepping down as CEO, Mission Healthcare has named Phil Spencer as his replacement. Backed by The Vistria Group, San Diego-based Mission Healthcare is a large, regional provider of home health, hospice and palliative care services in seven states. Before joining Mission […]
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Amedisys Inc. (Nasdaq: AMED) disclosed Monday that UnitedHealth Group’s (NYSE: UNH) Optum submitted an acquisition bid. That makes for a competition between Optum and Amedisys’ current merger partner, Option Care Health (Nasdaq: OPCH). At this point, it’s unclear whether Optum will ultimately land Amedisys, though early analyst comments suggest Optum’s bid may be more favorable […]
As in-home care providers try to keep up with the demand for services, companies that facilitate caregiver registries are hoping to fill a gap in an employee-needy marketplace. However, it’s been unclear how prominent caregiver registries will be in the space, as there’s been safety and regulatory concerns. Despite those concerns, however, companies that connect […]
Of all the challenges home-based care providers are facing, it’s the U.S. Centers for Medicare & Medicaid Services’ (CMS) proposed rule regarding Medicaid access that is top of mind for Addus HomeCare Corporation (Nasdaq: ADUS) leaders. Addus Chairman and CEO Dirk Allison called CMS’s proposal the company’s “biggest challenge” over the past several weeks. “They’re […]
Just before the beginning of an investor presentation on Wednesday afternoon, Enhabit Inc. (NYSE: EHAB) CEO Barb Jacobsmeyer joked to the moderator at the Jefferies Healthcare Conference that the company may soon be the last pure home health player on the public market. Kindred at Home – now CenterWell Home Health – is a part […]
There’s a good argument to be made that one of the biggest successes in the history of Bayada Home Health Care came from a pre-dinner conversation in a parking lot 14 years ago. It was 2009, and Dave Totaro had just been hired by the company’s founder, Mark Baiada, as Bayada’s first chief marketing officer. […]
Three major home-based care groups are asking the U.S. Centers for Medicare & Medicaid Services (CMS) for more time to review the agency’s recent Medicaid proposal, which features a handful of provisions that could prove challenging for operators. Among those provisions mandate thresholds on reimbursement, in which CMS would require that at least 80% of […]
With a tricky payer landscape and lower margins, palliative care isn’t always the most obvious investment for home health providers. However, providers that have gained a foothold in the palliative care space have seen strong clinical value in it. Broadly, palliative care is both an approach to care, as well as an actual medical subspecialty, […]
A local restaurant may need three cooks, two cashiers and a manager to get by on a daily basis. It’s a simple equation to figure out. For home health providers, however, the amount of workers they need to provide care every day isn’t as simple. It has become tougher for a variety of reasons, but […]
Post-acute care has steadily been shifting toward value-based care and away from fee-for-service payment models. But despite the fact this trend is years in the making, many home health providers are still asking themselves, “How do we get started?” Executives from four different post-acute and value-based care-focused organizations explored that question on Tuesday during a […]