COVID-19 has opened the floodgates for adoption of telehealth services, creating newfound opportunities for technology companies looking to change the way health care is delivered by moving more care into the home and out of institutional settings. One such company is GreatCall, acquired by electronics retail giant Best Buy (NYSE: BBY) for a whopping $800 […]
The coronavirus is making it harder for home-based care providers to stay afloat, mainly by draining basic protective equipment and disrupting organizations’ staffing levels. More than 72% of home-based care professionals don’t have adequate amounts of personal protective equipment (PPE), while more than half say their organizations are having staffing struggles. Meanwhile, nearly 58% of […]
The coronavirus has brought the U.S. economy and many of its industries to a screeching halt, so it’s not entirely surprising home health and home care dealmaking is expected to temporarily slow down amid COVID-19. But what will the pandemic mean for private equity firms, who came into 2020 with a record $1.5 trillion in […]
During this critical time, Home Health Care News remains committed to bringing you all the essential news related to home-based care operations. At the same time, we also recognize the seriousness of the COVID-19 pandemic. In addition to our regular content, we’ll continue to highlight industry-related developments and mitigation strategies in this rolling bulletin. What […]
On Friday, Feb. 28, just after 10 p.m. PT, Brent Korte — chief home care officer at EvergreenHealth — got a call that changed everything. It was from his boss. “She asked me if I was sitting down,” Korte said. “She told me that EvergreenHealth not only had patients who had tested positive for COVID-19, […]
As the number of Americans with coronavirus climbs, health care providers are struggling to get the personal protective equipment (PPE) they need to keep workers safe and to prevent the spread of the virus. PPE includes items such as gloves and masks, which are especially important for home-based care workers, who serve the often frail […]
The Department of Labor (DOL) has clarified which health care providers are exempt from new federally mandated paid sick and parental leave rules that were introduced in response to COVID-19. While home health care providers are officially in the clear, many nonmedical home care providers remain uncertain — yet optimistic — about where they stand. […]
Clover Health — similar to many other Medicare Advantage (MA) players — has its sights firmly set on the home. But unlike its larger and older MA peers, the relatively smaller and newer Clover isn’t held back by certain structural constraints. That ability to build a home-focused model from the ground up is a big […]
The recently finalized home infusion benefit from the Centers for Medicare & Medicaid Services (CMS) has created moderate excitement within the home health community, with some providers seeing newfound opportunities to expand their business offerings. Those who currently provide home infusion services, however, have called CMS’s new benefit “deeply flawed.” CMS finalized a permanent home […]
More than 10 years after the concept for The Pennant Group (Nasdaq: PNTG) came to be, The Ensign Group (Nasdaq: ENSG) spinoff has finally made its way to fruition. The deal was completed on Oct. 1, meaning Ensign’s former home health, hospice and senior living businesses are now part of the new publicly traded company. […]
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