Home Health Transactions Tank in 2015

Despite record-breaking totals across health care sectors for merger and acquisition activity in 2015, the home health and hospice sector bucked the industry trend, falling 33% versus 2014 totals. Across several sectors within the health care industry tracked by research and publishing firm Irving Levin Associates, the industry saw record-breaking totals both in terms of […]

Home Health Market Regains Wall Street Losses

The stock market performance of the three largest home health companies continued to rise month over month in March, up 6.21% since February and up 15.0% for the trailing 12-month period. Tracked by healthcare merger and acquisition advisory firm Stoneridge Partners, the index performance of the companies Almost Family (NASDAQ: AFAM), LHC Group (NASDAQ: LHCG) and Amedisys […]

Home Health Stock Index Hits All-Time High

On the heels of a landmark month for home health investments in June, one measure of home health company performance has set another record high in July.  Following an 11% uptick in June, the Stoneridge Partners Home Health Index showed another 9% increase last month, amounting to a year to date increase to more than […]

Wyoming, Minnesota Rank High for Retirement Stability

As home care providers expand to meet demand, they may be served to look at the regions in which the aging population is positioned to pay for home care services, or where local infrastructure supports the retirement population. States, specifically, vary widely when it comes to the ability of residents to pay for retirement needs, […]

Former Univita Employees Sue Following Massive Florida Layoffs

Following a tumultuous week during which home health care and equipment provider Univita Health lost its HMO contracts in the state of Florida and subsequently laid off more than 1,000 employees, the company now faces a lawsuit alleging it did not give employees adequate notice of their termination. Last week, Univita unexpectedly lost its HMO […]

HealthSouth Continues Home Health Expansion Through Hospital Alignment

Following its recent acquisitions of Reliant Health Services announced in June and Encompass Home Health in November, national operator HealthSouth is continuing to align its services strategically to position its home health offerings for growth. That includes locating home health operations near inpatient rehabilitation facilities, and focusing on a recent Centers for Medicare & Medicaid […]

Massive Layoffs, Home Health Shakeup as Univita Loses Key Contract

Home health operator Univita Health has reportedly begun laying off Florida employees after the company lost its HMO contracts earlier this week, which had allowed the company to provide products to Medicaid patients.  The company—which also operates in Georgia, Tennessee and Minnesota—planned to lay off 1,002 employees, including some who worked in the company’s home […]

Most Read: Providers to Cut Staff, Home Care in Hollywood

In case you missed them, here are the top headlines grabbing Home Health Care News readers’ attention this week. Poll: Nearly 50% of Home Care Providers to Cut Staff—We polled readers to find out whether they anticipate staff numbers will fall as a result of the employer mandate under the Affordable Care Act, to take […]

Senate Bills Would Lead to More Home and Community-Based Services

Among several bills under consideration to be marked up by the U.S. Senate Finance Committee, there could be impications for more access to home-based services in short time. A number of bipartisan bills are being considered by the senate committee and would likely come as part of a larger Medicare bill, LeadingAge reported this week. […]