CenterWell President Sanjay Shetty: ‘It’s Time To Give Home Health Its Due’

CenterWell President Dr. Sanjay Shetty knows home health care is an extremely valuable service. Unlike many other leaders, he’s in the position to prove it. For close to a year now, Shetty has led Humana’s (NYSE: HUM) health care services division, which includes CenterWell Home Health, CenterWell Primary Care and CenterWell Pharmacy. Previously, he was […]

Home Care Costs Continue To Increase, Outpacing Other Long-Term Care Settings

The pricing increases in home care have again outpaced other long-term care sectors, according to Genworth’s (NYSE: GNW) annual cost of care report. The cost-of-care hikes have been consistent over the last few years, forcing providers to raise rates and consider diversifying into other payer sources outside of private pay.  In 2023, the cost of […]

President Biden’s State Of The Union Address: ‘Imagine The Future Of Home Care’

In a State of the Union address that evoked Franklin Delano Roosevelt, Abraham Lincoln and Vladimir Putin within the first minute, President Joe Biden also made room for home-based care. After urging for higher taxes on the uber-wealthy, Biden challenged Americans to imagine a future with better access to home care. “Imagine the future of […]

CMS To End Hospice MA Carve-In: Insights For Home-Based Care Providers

Grand opening, grand closing. Hospice providers began to work with Medicare Advantage (MA) via the Value-Based Insurance Design (VBID) demonstration in 2021. At the end of 2024, the “hospice carve-in” model will cease. This will have an impact on home health providers who offer hospice services, obviously. But the failure of hospice’s fit within VBID […]

While Walgreens Conducts Strategic Review Of Assets, CVS Health Considers Supplemental Benefit Cuts In MA

Earlier this week, Walgreens Boots Alliance (Nasdaq: WBA) CEO Tim Wentworth teased a “strategic review” of the company’s assets, including those within the U.S. Healthcare segment. Meanwhile, CVS Health (NYSE: CVS) CFO Tom Cowhey provided updates on where Aetna may go with its supplemental benefits in the near-term future.  “We are now meaningfully looking at […]

Genworth’s CareScout Hopes Home Care Networks Will Help Consumers Cut Through ‘Noisy, Fragmented’ System

CareScout is trying to make the process of finding quality long-term care – including home care – easier for U.S. seniors and their families. There’s undoubtedly a desperate need for that. But that’s partly because of how hard the problem is to solve. A part of Genworth Financial Inc. (NYSE: GNW), CareScout is currently building […]

What The UnitedHealth Group Antitrust Investigation Means For Amedisys, Home Health Industry

Since the news surfaced Tuesday that the Department of Justice had opened an antitrust investigation into UnitedHealth Group (NYSE: UNH), additional questions have bubbled up. Namely, those questions surround the home health provider Amedisys Inc. (Nasdaq: AMED), which agreed to be acquired by UnitedHealth Group’s Optum in June of last year. Will that deal be […]