The SCAN Group and CareOregon announced late Wednesday that they have entered an agreement to combine under the name HealthRight Group. It’s a deal that is, at least to some extent, more than two years in the making. On Sachin Jain’s first day in his new role as president and CEO at the SCAN Group, […]
While there may not have been as many traditional deals in home health care and hospice this year, some large ones have still brought total deal values above 2021 levels. That’s according to a recent report from PwC’s Health Research Institute, which also suggests that home health and hospice is one of only two subsectors […]
Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) has announced that Tony Strange, its CEO and director, will retire at the end of December. Jeff Shaner – the company’s current COO – will take over as CEO and director, also effective at the end of December. Shaner has served as the COO of Aveanna since its formation […]
Nearly one in four U.S. adults aged 50 and above said that they or a loved one needed long-term care over the past year. In addition, as they were trying to navigate that reality, they generally faced significant frustrations. This is according to a new survey commissioned by the senior-focused think tank Nexus Insights. Research […]
The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health, and hospice care. To see this year’s Future Leaders, visit https://futureleaders.agingmedia.com/. Aaron Stapleton, founder and CEO of the Cincinnati-based Trinity […]
For someone who covers both the home health and home care sectors, 2023 was a very interesting year. Much of my time and energy was spent on covering potential home health payment cuts after the U.S. Centers for Medicare & Medicaid Services’ (CMS) release of the proposed payment rule. Even after the final rule was […]
UnitedHealth Group’s (NYSE: UNH) deal for the home health giant LHC Group Inc. (Nasdaq: LHCG) is set to close. Eventually. According to a new filing with the U.S. Securities and Exchange Commission (SEC), the deal is now expected to be finalized in the first quarter of 2023. “As previously disclosed, on June 10, 2022, the […]
In his first public-facing appearance since returning to the role of CEO at Amedisys Inc. (Nasdaq: AMED), Paul Kusserow made the company’s focuses clear. In that vein, he also retired any speculation as to why he came back. “We haven’t hit and been predictable on earnings, so that’s the reason I’m back,” Kusserow said Tuesday […]
24 Hour Home Care has acquired the New Mexico-based home care company Inteli-Care, which will allow the former to broaden the types of patients it can care for. At Home Health Care News’ Home Care Conference in November, 24 Hour Home Care President and co-founder Ryan Iwamoto talked about some of the contemporary pressures in […]
There’s a reason that we cover the largest home health and home care companies so closely at Home Health Care News. It’s not all we cover, of course, but what the biggest players see as pain points, opportunities and places to grow are often an indication of what the rest of the home care and […]