Bethany HomeHealth Abruptly Closes All Locations Plano, Texas-based Bethany HomeHealth Services has closed all 19 of its offices and did not provide a warning or reason for doing so, The Longview News-Journal reported. The company did share they were closing its offices in Longview, Carthage, Lufkin, Nacogdoches and Texarkana, but on Monday it appeared all locations […]
Following some slippage in the third quarter, the final quarter of 2016 remained steady in home health and hospice mergers and acquisitions. With uncertainty still looming over the future of the Affordable Care Act (ACA) under a new presidential administration, home health and hospice M&A decreased a bit when compared to the fourth quarter of 2015, […]
As the political landscape of the country was pulled in every direction, from President Obama giving his final farewell address here in Chicago to President-elect Trump holding his first press conference in 146 days, things were just as action-packed in the home health industry. Our readers wanted to stay up to date on the final […]
Following a year full of ups and downs, one of the nation’s largest home health care providers is striving to become an overall “aging in place company” by increasing its partnerships across the provider and payer spectrum, including by taking on more risk-sharing. After finishing the implementation of Homecare Homebase on time on Nov. 1 […]
Corridor Group Acquires Transpirus The Corridor Group Holdings has acquired Transpirus, a leading national provider of outsourced coding, revenue cycle management and strategic consulting solutions for the home health and hospice industry. With the transaction, Corridor becomes the largest national provider of full service revenue cycle, clinical documentation review, advisory and education services dedicated to home […]
Technology is transforming the home care industry, but it hasn’t been easy to prove exactly how certain technology like telehealth and remote monitoring will help patient outcomes. However, there are now solid, research-backed tactics home care agencies can implement to increase positive health outcomes. To see positive impacts of technology, home care companies need to focus […]
Addus HomeCare Corporation (Nasdaq: ADUS) has hired a new executive vice president and chief operating officer, effective January 16, 2017. The new hire, W. Bradley Bickham, has a robust background in the health care sector. Most recently he was the senior vice president and chief legal officer for one of the largest ambulatory surgery center […]
The majority of older Americans wish to age in place, but aside from living near family and friends, they also are looking at other factors to choose where they want to live as they age. The best states for retirement were found based on life expectancy, tax friendliness ranking, violent crime rate per 100,000, the […]
Almost Family Completes Joint Venture With Community Health Systems Almost Family, Inc (Nasdaq: AFAM) has finalized a previously announced acquisition of a controlling interest in the entity holding the home health and hospice assets of Community Health Systems, Inc. (NYSE: CYH). The home health and hospice side of Community Health Systems operates 74 home health […]
GreatCall Acquires Healthsense Connected health company GreatCall Inc. has announced the acquisition of Healthsense, which provides remote monitoring services for seniors. The acquisition will help GreatCall seniors find connected health services in senior living and health care. “As GreatCall continues to expand in these key markets, Healthsense is a natural fit—with our mission of increasing […]