Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) is progressing with its preferred-payer strategy and strategic transformation, despite the challenges it has faced since going public in 2021. On Thursday’s second-quarter earnings call, the company reported its overall revenue at $505 million, a 7% increase compared to the same time last year. This growth was driven by […]
The Pennant Group Inc. (Nasdaq: PNTG) leaders highlighted the company’s significant home health growth Tuesday. They also teased continued expansion in the East Coast and elsewhere. “We are thrilled to report record-breaking second quarter results as we continue to experience momentum across all our service lines and create meaningful growth opportunities for local leaders and […]
Pediatric home health care is a tough business to be in, but it’s also one filled with opportunity if providers can find operating models that work. The U.S. pediatric home health care market was estimated to be valued at $12.53 billion in 2023. It is expected to grow at a compound annual growth rate of […]
Higher billing rates for home care, lower reimbursement rates for home health care and staffing woes across both sectors up the ante on everything else for providers. With these challenges come opportunities as well. In a recent Home Health Care News webinar, Impactful Sales & Marketing Strategies for Home Health and Home Care Providers, two […]
The Helper Bees has introduced a flexible benefit card called helpful, which grants access to over-the-counter (OTC) products, groceries and a nationwide network of vetted Social Determinants of Health (SDoH) providers through a unified card experience. Helper Bees, based in Austin, Texas, is the developer of an aging-in-place platform that connects families with services in […]
Multiple states are taking initiative to address home-based care staffing woes, addressing a long-time need that exists across the country. After a competitive bidding process, the Carmel, Indiana-based Syra Health Corp. (Nasdaq: SYRA) has been granted a $5.8 million contract to train home health care professionals providing care to residents at home or in community-based […]
In 2023, an estimated 6.7 million people in the U.S. were living with Alzheimer’s disease. That number is projected to increase to 14 million by 2060, according to the Centers for Disease Control and Prevention (CDC). “Very few people don’t know someone who has been affected by this,” AlzBetter CEO Gary Skole told Home Health […]
WellBe Senior Medical announced that Excellus BlueCross BlueShield (Excellus BCBS) and Intermountain Ventures have both made strategic investments in the company. This follows an investment made by CVS Health Ventures in January of this year. “The significance of these investments from two impressive entities further validates WellBe’s commitment to be a payor-agnostic, in-home, full-risk medical […]
The Des Moines-based UnityPoint at Home – a subsidiary of UnityPoint Health – has expanded its partnership with Shields Health Solutions. Based in Stoughton, Massachusetts, Shields offers The Shields Performance Platform, an integrated set of solutions, services and technology designed to enhance payer and drug access for specialty pharmacies, improve health outcomes for complex patients […]
Maxim at Home has a new name. Now dubbed Villi, the Dallas-based company integrates technology with traditional companion care to keep adults at home, living independently. Villi’s on-demand platform connects individuals with caregivers around the clock, whether it’s a senior needing personal care services or a new mother requiring an extra hand. “Rebranding to Villi […]
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