Anytime a company gets a new owner with a new vision, it’s almost inevitable there will be dissent. That’s even more likely when it comes to franchisers being bought up in home-based care, given the individual franchisee owners involved. There were multiple large-scale franchise acquisitions in 2021, and all with different sorts of acquirers. For […]
Amedisys names Scott Ginn COO Following the shocking news that Paul Kusserow would again take over the role of CEO at Amedisys Inc. (Nasdaq: AMED), the company made another move last week to fill out its executive roles. Scott Ginn – EVP and CFO at Amedisys – has also been named acting chief operating officer, […]
BrightSpring Health Services – a large home- and community-based services provider – is not going through with its planned IPO, according to an S-1 filing. Backed by the PE firm KKR and Walgreens Boots Alliance (Nasdaq: WBA), the company had initially filed the paperwork for an IPO that was expected to raise close to $800 […]
The public perception of private equity (PE) firms is not always rosy, but for health care providers – especially founder-led ones – they can sometimes be a proverbial knight in shining armor. Innovation, expansion and financial freedom can all be achieved through the backing of a PE firm. Like most things in the world, home-based […]
Two days after Amedisys (Nasdaq: AMED) announced that Chris Gerard’s tenure in its top spot would be short-lived, The Walt Disney Company (NYSE: DIS) announced the same about its then-CEO, Bob Chapek. One is a home health company, and the other is a mass media and entertainment conglomeration. But these two corporate American stories – […]
A home health care company hoping to operate in Louisville, Kentucky has hit a road block in its fight against Certificate of Need (CON) laws. CON laws vary by state. Some have home health CON barriers, while others do not. That results in some states having far more home health agencies than others. Because Kentucky […]
Amedisys Inc. (Nasdaq: AMED) has announced that its president and CEO, Chris Gerard, will leave the company. That move is effective immediately. Current Chairman Paul Kusserow will take back over the CEO role until a replacement is hired. Kusserow was the longtime CEO of Amedisys, serving in that seat for seven years prior to Gerard […]
Whether to engage with Medicare Advantage (MA) plans or not is one of my favorite topics of discussion in home care right now. And that’s for a simple reason: Not everyone agrees on the answer. The MA debate is one we’ve been discussing on Home Health Care News for a long time now. In fact, […]
The home health business comes with plenty of challenges. When dealing with pediatric care, that’s especially true. Labor issues, for instance, are exacerbated in pediatric home health care. At the same time, there is a dire need for these types of services. The Denver-based Solace Pediatric Home Healthcare is an example of a company that […]
Amazon (Nasdaq: AMZN) is launching its next health care venture. Dubbed Amazon Clinic, it will be a “virtual health service that delivers convenient, affordable care for common conditions.” There is a not a direct home-based care angle, other than that products and services will be offered to consumers at their homes. However, it could create […]