Business Briefs: Bayshore HealthCare, Lincare Holdings

Bayshore HealthCare Acquires Alpha Home Health Care Victoria, BC-based home health care provider Bayshore HealthCare acquired Alpha Home Health Care, another home health care provider that has been based in Victoria for more than 40 years. The sale was completed May 31, and was prompted by the retirement of Alpha’s president and second-generation owner, Don […]

The Artificial Intelligence Revolution is Coming for Home Health

When ads appear in a web browser with an uncanny match to the viewer’s interests, it’s a result of predictive analysis through artificial intelligence (AI) and machine learning technology. CareCentrix, a home health coordination company that works with payors and providers to create managed care networks, is using the same science to collect and assess data […]

Private Equity Firm Acquires Medicaid-Focused Home Care Company

Boyne Capital Partners announced yesterday that it acquired AmeriBest Home Care, Inc., a Philadelphia-based home care provider that serves seniors and disabled residents throughout Pennsylvania. The Miami-based private equity firm closed the deal in partnership with AmeriBest management, which will continue to handle operations. “We were impressed by the high-quality, dynamic leadership team at AmeriBest, […]

Poor Home Health, Doctor Communication Drives Readmissions

A recent study confirms what home health care agencies know all too well: gaps in communication between physicians and home health care providers are detrimental to seniors’ health and lead to hospital readmissions. Many areas of care are disrupted by communication challenges, including disparities in medication lists, lack of clarity in who is responsible for writing patient […]

Provider Aims To Clear The ‘Gray Cloud Over Home Care’

A lack of communication between care providers can be confusing and potentially detrimental to seniors’ health. A New York-based home health care provider rolled out a new initiative that will improve the dialogue between providers, plus do better job of keeping families in the loop. Alliance Homecare provides home care services, including home health, to seniors in […]

Large Home Care Franchisor Wises Up on Dementia Training

Though most dementia patients die in skilled nursing facilities or long-term care facilities, more are dying in their homes than they were two decades ago, according to a report from the Centers for Disease Control and Prevention (CDC). One training program for home caregivers focuses on managing behavioral issues caused by dementia to make home […]

Why HealthSouth is Taking the Encompass Name

After discovering that key audiences do not understand the link between HealthSouth (NYSE: HLS) and Encompass Home Health and Hospice since the two merged in 2014, the company has decided to take a single name. HealthSouth, one of the nation’s largest providers of post-acute care services, will rebrand as Encompass Health Corporation on January 2, 2018. The home […]

Business Briefs: Mediware Finalizes Kinnser Acquisition

Mediware Closes Acquisition of Kinnser Software Mediware Information Systems, a health care software provider, finalized the acquisition of Kinnser Software, a provider of software for home health and hospice providers. The transaction, backed by TPG Capital, also included Kinnser CEO Chris Hester joining Mediware’s senior leadership team, according to a press release. The acquisition was initially announced […]

HealthSouth to Rebrand as Encompass Health

HealthSouth Corporation (NYSE: HLS) announced today that it will change its name to Encompass Health Corporation, after acquiring Encompass Home Health and Hospice for $750 Million in November 2014. In addition to the name change, effective January 2, 2018, the company will also change its NYSE ticker symbol from “HLS” to “EHC.” “This name change and […]

CellTrak Raises $11 Million

CellTrak Technologies, a care delivery management software company, secured more than $11 million in investment financing. The investment comes from Boathouse Capital, a Philadelphia-based private equity firm, with participation from existing investor MK Capital, a $250 million venture capital fund headquartered in Chicago. CellTrak will use the funds to “aggressively drive innovation” for its care […]