The former CEO of Mobile Doctors, a company that provided in-home treatments across several states, has been sentenced to 15 months in prison for his role in conducting a scheme that bilked Medicare and cost taxpayers nearly $2 million. Dike Ajiri, the former CEO, was arrested in 2013 during an investigation into the Chicago area […]
For health care organizations, coordinated care is not one-size-fits-all. While it’s a goal of many, the approaches, priorities and budgets vary, according to a survey of health care professionals conducted by Wellesley, Mass.-based Digital Collaboration Solutions, LLC (DCS), including some home health providers. In many cases, organizations are taking a more reactive than proactive approach. Among […]
Telehealth applications are rising across the U.S., but policies around them are varied at best. Despite the different state-by-state approaches to telehealth reimbursement through Medicaid, there are still a few common trends, according to a March 2016 report from the Center for Connected Health Policy (CCHP). First, reimbursement is rising overall, according to the report, […]
A couple who co-owned three Lincolnwood, Illinois, home health agencies were indicted last week in a Chicago federal court for their participation in a Medicare fraud scheme that allegedly bilked taxpayers out of as much as $45 million. Richard Tinimbang and his wife, Maribel Tinimbang, allegedly carried the scheme out through the three home health […]
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 […]
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 […]
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 […]
There has been a lot of talk of late around how things need to change for home health care. And now Democratic Presidential candidate and former Secretary of State Hillary Clinton is contributing to the conversation. Clinton has already been vocal about the need for higher minimum wages for home care workers and others, and […]
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, […]
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 […]