For most home health provider leaders, the Centers for Medicare & Medicaid Services’ (CMS) proposed rule was disappointing, but not surprising. Between now and the fall, they’ll be straddling a line. One foot will be in advocacy, doing whatever they can to keep these cuts from becoming finalized, whether that’s through persuasion, congressional action or […]
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UnitedHealth Group’s (NYSE: UNH) Optum snatched Amedisys Inc. (Nasdaq: AMED) away from Option Care Health (Nasdaq: OPCH) at the end of June. If the $3.3 billion acquisition is finalized, Optum will own about 10% of the home health care market. It would represent a seismic shift for a traditionally mom-and-pop industry. It would represent consolidation, […]
Arosa is one of the largest non-franchised home care companies in the country. It has grown significantly over the years — and it’s banking on doing the same in the near-term future. Still, its CEO, Ari Medoff, is concerned about the home care industry. He feels that serious innovation will be required for its legacy […]
Rising costs, the return of Medicare sequestration, labor shortages and higher patient acuity levels have all contributed to health systems struggling financially over the past 18 months. Since the start of the year, at least half a dozen hospitals have either closed or announced plans to close. To stay afloat, many others have opted to […]
In the broader at-home care space, Dr. Michael Le is considered an innovator. As the co-founder and former chief medical officer of Landmark Health, he was integral in helping build a company that would eventually catch the eye of UnitedHealth Group’s (NYSE: UNH) Optum. His impressive resume — which also includes time at Optum Home […]
Whether its food, fashion or transportation, startups are known for playing the role of disruptor in whatever sector they’re operating in. While disruption can lead to innovation and efficiency, it’s also important for startups operating in senior care and home-based care to have a sound business model, healthy funding, strong backers, a clear value-add, advantageous […]
There’s been an anxious buzz in the home health care industry of late. Big moves are happening. Whether those big moves are good for the industry, though, is yet to be determined. Many in the industry are still grappling with that question themselves. As I talked to home health providers and insiders this week during […]
The home care industry, so far, has had a relatively quiet 2023. Over the past few years, the home care space has been defined by ample private equity investment, aggressive provider roll-ups, exciting Medicare Advantage (MA) developments and innovative cross-continuum partnerships. There has been much less action this year, despite the continued focus on social […]
Option Care Health (Nasdaq: OPCH) announced its plans to acquire Amedisys Inc. (Nasdaq: AMED) at the beginning of May. In early June, competition arrived, as UnitedHealth Group’s (NYSE: UNH) Optum put in its own bid to acquire Amedisys. For Option Care Health, the deal was its way to create an end-to-end health care continuum in […]
In Kevin Porter’s view, home care was once the little kid on the basketball court hoping that his older brother and his friends would just throw the ball his way. But now home care is all grown up. And it’s in a perfect position to play ball, to help health plan and health system partners […]