In 2019, Medicare Advantage (MA) plans were given clearance to offer extended health-related services and benefits to certain chronically ill enrollees starting in 2020. The move doubled down on a similar MA expansion announced in 2018. While the 2019 and 2018 updates were separate, they both created potential MA opportunities for in-home care providers. Providers […]
There is a significant gap between the number of U.S. adults who want to age in place and those who actually believe they will be able to do so. That’s according to a new national survey involving 2,750 U.S. adults conducted by Edelman Intelligence on behalf of Fresenius Medical Care North America (FMCNA), a product […]
On Thursday, the Senate approved a bill that will provide $8.3 billion in emergency funds to help mitigate the effects of COVID-19, otherwise known as the coronavirus. Apart from funding, the bill made major changes to telehealth statutes, possibly allowing home-based care providers to both rely heavier on telehealth tools and be properly reimbursed for […]
Denver-based Homewatch CareGivers is already one of the biggest franchise brands in home care. But it still wants to be bigger. Overall, the PE-backed Homewatch CareGivers added 17 locations in 2019, and it plans to add at least 22 more this year. It currently has over 200 locations spread across the U.S. Its parent company, […]
The U.S. Senate approved $8.3 billion in emergency funding on Thursday in response to COVID-19, more commonly known as the coronavirus. At least 11 deaths have now been tied to the virus in the United States, with California officially declaring a state of emergency. For the home-based care industry, aggressive preparation has become paramount, especially […]
Under the Patient-Driven Groupings Model (PDGM), 80% of home health agencies are experiencing a difference in reimbursement compared to the old Prospective Payment System (PPS). Of those, the vast majority — 82% — are experiencing a decrease in reimbursement. That’s according to a recent survey of 127 home health agencies conducted by information technology firm […]
Two Florida health systems, Empath Health and Stratum Health System, are merging. The two health care organizations revealed the news last week. Stratum Health System is the network that oversees and supports both Approved Home Health and Avidity Home Health, two agencies with multiple locations in southwest Florida. Empath Health, which focuses on patients with […]
BrightStar Care is looking to expand its footprint in 2020, specifically into markets such as Nashville, Tennessee, Albuquerque, New Mexico, Cleveland and Seattle. The Chicago-based in-home care franchise is also in the middle of a push to break into the Pennsylvania market. As part of its business model, BrightStar offers medical-level in-home care, non-medical home […]
A decade from now, there will be more people older than 65, more home-based care offerings than ever — and likely more self-driving cars out on the roads. And believe it or not, driverless cars — or autonomous vehicles — will make their mark on the home-based care space, just as they’ll affect shipping, retail […]
The Pennant Group Inc. (Nasdaq: PNTG) announced that a subsidiary of Cornerstone Healthcare Inc. — its home health and hospice portfolio company — has agreed to form a home health joint venture with San Diego-based Scripps Health, a nonprofit health system. The deal is expected to be finalized in the third quarter of 2020. The […]
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