Shortly after Jocelyn Mayo founded Pampering Plus, a Pennsylvania-based company that provides medical and nonmedical at-home services, a caregiver and private-pay client struck a deal to continue working together while cutting the agency out of the picture. Luckily, buyout agreements previously made with both parties helped Mayo recoup some of her losses. “[The client] paid […]
A nationwide home-based program is curbing depression among seniors and cutting costs in the process. The Program to Encourage Active, Rewarding Lives (PEARLS), which started out of the University of Washington in the late 1990s, aims to combat depression among those over 65. The condition affects more than 6.5 million Americans in that age group, […]
Private equity-backed Compassus could soon be up for sale, according to a Jan. 8 report from PE Hub. PE Hub cited “three people familiar with the matter” for its article, which claims Compassus has tapped an advisor from Jefferies Financial Group to help the company prepare for an upcoming sales process. Jefferies had no comment […]
Home health care is projected to be one of the hottest health care sectors for growth and investment in 2019. That’s according to an investment outlook survey from professional services firm KPMG and health care intelligence business Leavitt Partners. As part of the survey, researchers polled 175 healthcare CFOs, investment bankers and private equity executives […]
After adding 23 home health locations and 22 hospice locations in 2018, Encompass Health (NYSE: EHC) plans to spend tens of millions of dollars to further bolster those areas in 2019. Preparing for 2020 regulatory changes will also remain top of mind for the company in the year ahead. “If you think about our priorities […]
Telemonitoring has long been touted as a way to reduce hospitalizations. But when paired with home health care for heart failure patients, that may not always be the case. Still, there are reasons — from both a cost and outcomes perspective — for home health providers to consider implementing telemonitoring for this patient group. That’s […]
With more than 1.4 million Americans receiving hospice care every year, the demand for high-quality end-of-life care is only projected to rise in years to come. In Minnesota, a “death-positive” movement is to thank, experts say. The number of hospice patients in Minnesota has tripled since 2000 and currently accounts for more than half of […]
Bain Capital Double Impact’s newly formed home care group is expanding less than three months after its creation. And Arosa+LivHome’s growth won’t stop there. Grayslake, IL-based Partners in Senior Care is the provider’s newest addition. Financial terms are not being disclosed. Nor is information about whether the company will rebrand or change its name. The […]
WellSky Creates, Fills New Position WellSky, a health and community care technology company backed by TPG Capital, has named a new chief clinical officer. Fazzi Associates President Tim Ashe will hold the newly created position, in which Ashe will guide meaningful patient outcomes, combining technology and clinical care. Ashe will continue to serve as president […]
The U.S. Department of Labor (DOL) says pay for home health aides can exclude travel and vary weekly as long as it still meets or exceeds minimum hourly wage. But overtime pay must be calculated accordingly. That’s according to guidance in an opinion letter from the department’s Wage and Hour Division (WHD). The letter addresses […]
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