A well-known nonprofit home care provider in one state that serves over 600 people has announced that it will be forced to close by April due to financial challenges. The Farmingdale, Maine-based Home Care for Maine has been plagued by a few different factors, the main one being the hike in the mandated state minimum […]
On Sunday, about 100 million people will turn on their televisions to catch the last game of the football season. The sport’s popularity has turned the championship matchup into a spectacle that draws more eyeballs per year than any other television event. Believe it or not, there’s something to be learned from it — even […]
In 2019, home care providers in California went to legal battle against legislation triggering the public disclosure of caregivers’ contact information. Home care providers in Connecticut, New York and Chicago, meanwhile, fought heated contests against predictive-scheduling regulations. These were just some of the legal trends that shaped the in-home care space last year. In 2020, […]
Last week, financial services and insurance company Nationwide announced that its venture capital team had leveraged its $100 million venture capital fund to invest in Vesta Healthcare. In the release announcing the investment, Nationwide asserted its desire to improve in-home care, saying it wanted “to make sure patients and in-home health care providers are getting […]
Globally, Japan stands as a useful example for Americans — and home-based care providers — wondering what will work and what won’t as more and more people reach old age in the coming years. Its makeup, after all, currently consists of a 65-and-over population that accounts for nearly 30% of the country’s general populace. In […]
Two Pittsburgh residents — and home health employees — have pleaded guilty in federal court to one count each of conspiracy to defraud the Pennsylvania Medicaid program and health care fraud. United States Attorney Scott Brady announced the guilty pleas last week. Between 2011 and 2017, both Terra Dean and Larita Walls admitted they played […]
The aging population and shortage of caregivers in Arizona has created a near-crisis. The state has responded by pairing its Medicaid program with three insurers in an effort to create a steady long-term care workforce. Arizona Health Care Cost Containment System (AHCCCS) inked contracts with Southwest Catholic Health Network Corp., Banner-University Family Care and United […]
The Patient-Driven Payment Model (PDPM) — another Medicare payment overhaul in the skilled nursing facility (SNF) arena — could serve as an indicator for what the coming months will look like under the Patient-Driven Groupings Model (PDGM). Naturally, home health owners and operators have been paying attention. PDPM launched on Oct. 1, which has given […]
The health services arena recorded more than 1,200 deals in 2019 for the second year in a row, according to the latest figures from international accounting firm PricewaterhouseCoopers. As has become the norm, long-term care was the largest sub-sector by volume throughout 2019 — with particularly strong M&A action in the home health and home […]
Grandkids-on-demand startup Papa Inc. announced last week that it has paired with Priority Health to begin offering services to the Michigan health plan’s Medicare Advantage members. The move — along with a rework of Papa’s brand — are good indications of the ambitions that the company has in 2020. Only two years old, Papa is […]