In an under-the-radar move, UnitedHealth Group (NYSE: UNH) has been combining Optum Health assets with Red Ventures’ health care portfolio to create a new consumer health joint venture dubbed “RVO Health.” That’s according to a Monday report from Axios. The ownership “structure” of the JV is not clear, according to the report. All that is […]
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An overwhelming majority of home-based care professionals say that the hiring environment is not improving at the start of 2022. In a LinkedIn survey conducted by Home Health Care News, 62% of 377 total respondents said the hiring environment is not getting better, while only 21% said it was. About 16% said they were not […]
UnitedHealth Group (NYSE: UNH) has agreed to buy LHC Group (Nasdaq: LHCG). The deal is reportedly worth about $5.4 billion. The plan is to pair LHC Group – one of the largest home health providers in the U.S. – with Optum Health, which is already integrated into UnitedHealth’s network. “Since our founding in 1994, ‘It’s […]
The U.S. Centers for Medicare & Medicaid Services (CMS) made an announcement late Thursday that some providers and associations have been waiting for. It’s one that offers a glimpse into how the agency will operate during the remainder of President Biden’s term – and one that will have an immediate impact on some home-focused care […]
An activist investor is reportedly urging Encompass Health Corporation (NYSE: NYSE) to reconsider plans for its large home health and hospice segment. A little over a year ago, the Birmingham, Alabama-based Encompass Health announced it was “exploring strategic alternatives” for its home health and hospice segment, which posted net operating revenues of about $273.9 million […]
The demographic profile of home health users continues to skew older, with the vast majority of individuals also having three or more chronic conditions. The setting users found themselves prior to starting home health services additionally continues to skew toward the broader community. That’s according to the 2021 Home Health Chartbook, released earlier this month […]
Home health agencies continued to make a major contribution to the U.S. economy last year, despite the harsh headwinds brought on by the COVID-19 pandemic. Overall, home health agencies contributed toward 1.49 million jobs in 2020, according to the most recent Home Health Chartbook, released annually by the Alliance for Home Health Quality and Innovation […]
The 50th episode of our podcast, Disrupt, is now available! For this episode of Disrupt, Home Health Care News sat down with Coltala Holdings co-founders Ralph Manning and Edward Crawford to chat about getting into the home health sector in 2021 through the acquisition of Choice Health at Home. Dallas, Texas-based Coltala Holdings is a holding company […]
It’s official: Providers everywhere will soon be subject to the Home Health Value-Based Purchasing (HHVBP) Model. The first performance year of the expanded initiative — recognized as one of the most successful alternative payment models ever — will be calendar year 2023. The U.S. Centers for Medicare & Medicaid Services (CMS) released the 2022 home […]
A greater supply of home health and home care businesses is fueling an increase in dealmaking activity, according to the latest M&A update from advisory firm Mertz Taggart. That’s also true for hospice transactions. Overall, there were at least 44 home health, home care and hospice deals in the third quarter of 2021, three more […]
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