BrightSpring Health Services officially filed plans for an initial public offering Tuesday. The home- and community-based services provider first planned to go public in 2021, but ultimately decided against it. Now, those plans are full speed ahead yet again. “With over 40 years of experience caring for ‘must-serve’ client and patient populations, we deliver care […]
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From technology and onboarding to company policies and procedures, training is the industry-agnostic backbone of every process and job function within an organization. However, in a highly regulated industry like home-based care, which is facing some of the greatest staffing pressures in recent history, the role of training expands beyond the walls of the organization, […]
Wellness isn’t just a health care buzzword. In fact, it’s what’s driving business strategies across the senior care continuum. Providers of all shapes and sizes are looking to achieve wellspan, and executives at organizations like Humana Inc. (NYSE: HUM) and Lifespark are doing so by leveraging data, care coordination and more. For Humana, a major […]
As home care leaders begin to strategize for 2024, part of the process will be identifying the challenges they believe will be main characters next year. Oftentimes, home care leaders will point to labor as the biggest challenge in the space. While labor is and will continue to be an issue, there are also other […]
Some of the best stories are the ones that might not have made the biggest splash, initially. That’s why, as the year comes to a close, Home Health Care News wanted to take a look back and call attention to some of our favorite under-the-radar stories. These stories cover the most well-known companies in the […]
There’s a confusing outlook right now for both providers of home care and home health care. More value, worth and attention is being placed on those respective industries than ever. But, all the while, providers are facing some of their toughest challenges as 2024 nears. The attention being placed on home-based care is not leading […]
In the first year that truly felt “post-COVID,” home-based care providers did not see a shortage of challenges. Instead, in 2023, home health providers saw another year defined by payment struggles, with both the Centers for Medicare & Medicaid Services (CMS) and Medicare Advantage (MA) plans. Home care providers, meanwhile, were still grappling with high […]
In July, the National Association for Home Care & Hospice (NAHC) filed a lawsuit against the U.S. Centers for Medicare & Medicaid Services (CMS) and the U.S. Department of Health and Human Services over home health payment cuts. On Dec. 15, the Biden administration responded by asking a federal judge to throw out that lawsuit, […]
As the demand for home care grows, so do the industry’s largest providers. In particular, franchises are expanding rapidly across the country, adjusting operations slightly along the way. BrightStar Care and Griswold Home Care are two examples of that growth. Both companies earned spots on Franchise Times’ annual ranking of the largest franchise systems in […]
HIG Growth Partners finalizes sale of Just Home Healthcare Services H.I.G. Growth Partners — a growth capital investment affiliate of investment firm H.I.G. Capital — has sold portfolio company Just Home Healthcare Services. In April, H.I.G. Growth Partners sold Just Home Healthcare Services’s personal home care and adult day health business segments to Honor Health […]
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