Medically Home Raises $10M; Tennessee Home Health Businesses Merge with BrightSpring

Hospital-at-home company raises $10M in Series B funding Medically Home — a Boston-based technology-enabled services company — has raised $10 million in Series B funding. The round was led by Cardinal Health and other investors. Founded in 2017, Medically Home brings hospital-level care into the home, sending clinicians, technology, equipment, medication and supplies directly to […]

Thrive: Inside TheraCare’s Decision to Partner with Honor

Thrive is an HHCN series that explores the successes, struggles and strategies of home care owners and operators on the local level. At times, technology-driven home care startup Honor has faced criticism for the way it operates. First, its goal was to be an innovative, tech-savvy provider, which made the San Francisco-based company a competitor […]

Dual-Eligible Medicare Advantage Beneficiaries Have Greatest Social Determinants of Health Needs

Addressing social determinants of health is especially important for Medicare Advantage (MA) beneficiaries, as they are increasingly affected by a lack of services targeting those needs, which include access to and quality of housing, food and transportation, among other socio-economic factors. That’s according to a recent report from Avalere Health, a Washington, D.C.-based health care […]

Amedisys Execs Share Action Plan for ‘Worst Form’ of PDGM

Despite being one of the largest and most powerful home health companies in the game, Amedisys Inc. (Nasdaq: AMED) isn’t immune to the uncertainty that comes with the looming Patient-Driven Groupings Model (PDGM). The Baton Rouge, Louisiana-based provider has a plan of action, even if the model goes into effect on Jan. 1 as is […]

Senators to Introduce Assistive Technology Bills for Aging in Place

U.S. Senators Susan Collins (R-Maine) and Bob Casey (D-Pa.) plan to introduce new legislation to make assistive technology more accessible to seniors and people with disabilities. The goal is to make it easier for people to age in place. “Survey after survey indicates that seniors envision themselves living independently at home in their own community […]

Home Modification Gains Steam in Competitive Home Care Market

About 76% of those 50 and older want to live in their homes as long as possible, according to a 2018 AARP survey. But the current U.S. housing industry isn’t set up for that to happen. As such, home modification among seniors is becoming increasingly popular — and of growing importance to home-based care providers […]

Kindred at Home Exec: Senior Living Operators Should Leave ‘Heavy Lifting’ to Home Health Partners

Senior living providers should embrace home health partnerships as a way to care for complex patients. Those who don’t may not only be hurting patients, but also employee retention and morale. That’s according to Carrie Coumbs, vice president of national care collaboration for Kindred at Home. “If you utilize your home health benefit proactively in […]

[UPDATED] AccentCare to be Acquired by PE Giant Advent International

Global private equity firm Advent International has entered a definitive agreement to acquire AccentCare from its current PE-backer, Oak Hill Capital Partners. Financial terms were not disclosed. The acquisition is one of six home health PE deals announced so far this year, with fewer industry deals happening at a slower pace than in years past. […]