Cigna Group (NYSE: CI) and Humana Inc. (NYSE: HUM) are reportedly no longer in deal talks. The two parties could not agree on a fair price, and there was also shareholder disinterest in a potential combination. The Wall Street Journal first reported on the suspension of talks on Sunday. Together, the two companies would have […]
Home-based care providers have been waiting for the other shoe to drop on dealmaking for a year now. As 2024 nears, that shoe may be finally landing. And, in addition to M&A, genuine AI application in both home health care and home care appears to be right around the corner. Those were two of my […]
New Mexico is increasing its reimbursement rates for providers that bill Medicaid in the state. Overall, providers are set to get an additional $409 million in reimbursement. The increases will start taking shape on claims made on or after July 1, 2023. Another rate hike is expected in the future for CY 2025. “Thanks to […]
The home care provider Best of Care is expanding its portfolio once again, this time on its 43rd anniversary. On Wednesday, the company announced that it had acquired Barton’s Angels, also a home care provider. Best of Care has diversified its portfolio through acquisition over recent years. Through TUCKed In Eldercare, it offers care management. […]
CVS Health (NYSE: CVS) held its investor day Tuesday, which included company leaders’ ambitious plan for the future. That plan includes a synchronization of its health care delivery arm with the rest of the enterprise, and that health care delivery arm, of course, includes home-based health care. “We said we wanted to be in primary […]
Most Americans will need some sort of in-home care support as they age. The issue is that many of them cannot afford it. To age in place, seniors either need to be completely independent or have some sort of personal care afforded to them. If they qualify for Medicaid, home- and community-based services are an […]
Humana Inc. (NYSE: HUM) remained in the headlines Friday, this time after being linked to Walmart (NYSE: WMT) in potential deal talks. Earlier this week, it was confirmed that Cigna Group (NYSE: CI) and Humana Inc. (NYSE: HUM) have already been in touch about a potential combination. But on Friday morning, the research advisory company […]
Over the last week, a potential Cigna Group (NYSE: CI) and Humana Inc. (NYSE: HUM) combination has gone from a rumor to a real possibility. After I reported on the topic for Home Health Care News on Tuesday, Reuters and The Wall Street Journal confirmed that the two companies were in talks, on Wednesday and […]
UnitedHealth Group (NYSE: UNH) had its annual investor day Wednesday. While the event has included much about home-based care in the past, this time, home health care gained an even brighter spotlight with LHC Group President and CEO Josh Proffitt presenting. Company leaders spent the day tying home-based care to all sorts of initiatives: to […]
Rumors suggesting that Cigna Group (NYSE: CI) and Humana Inc. (NYSE: HUM) are in talks to combine are swirling. Nothing is official yet, but the combination of two of the largest insurers in the country would have significant ripple effects on the home health industry, for a variety of reasons. On Nov. 6, Reuters first […]
Subscribe
Receive industry updates and breaking news from HHCN