A trustworthy reputation plays a key role in the success of in-home care agencies. But a company’s online presence can easily undermine that reputation impact its overall bottom line. Carl White, the founder and president of MarketVisory Group Inc., discussed the topic earlier this month during the Private Duty Symposium in Naperville, Illinois. The symposium […]
Over the years, the idea that “less is more” has been the driving factor for Cantata Adult Life Services’ Take2 care-sharing model. The company has been able to thrive by innovating its home care model and offering its clients a unique service. Cantata — formerly The British Home For Retired Men And Women — has […]
Despite the growing professional home care industry and relatively affordable rates, family caregivers still provide tens of billions of hours of unpaid care annually, a new report from AARP has found. And that care is valued at an estimated $470 billion — more than both the total out-of-pocket spending on health care in the U.S. […]
The Patient-Driven Groupings Model (PDGM) is overshadowing the rapid evolution of the industry’s largest home health providers. Over the past several years, home health giants Amedisys Inc. (Nasdaq: AMED), Encompass Health Corp. (NYSE: EHC) and LHC Group (Nasdaq: LHCG) have each graduated from relatively one-dimensional enterprises into fully integrated aging-in-place companies that operate across the […]
The Patient-Driven Groupings Model (PDGM) will largely come and go, leaving ample growth opportunities in its wake for the market’s biggest home health providers. With that in mind, LHC Group Inc. (Nasdaq: LHCG), has its long-term sights set on landing more value-based payment agreements. That’s according to CFO Joshua L. Proffitt, who discussed PDGM, LHC […]
Over the years, Addus HomeCare Corporation (Nasdaq: ADUS) has faced its fair share of Illinois budget woes. But the company has finally received some positive news, announcing Monday that the Centers for Medicare & Medicaid Services (CMS) has approved two Illinois budgeted rate increases for the next couple years. Combined, the Frisco, Texas-based Addus expects […]
A bill that would eliminate Medicare’s physician-certification policy has drawn industry-wide support. But the Centers for Medicare & Medicaid Services (CMS) may first opt to test non-physician certification through Medicare Advantage (MA) in lieu of traditional Medicare. The Home Health Care Planning Improvement Act of 2019 — H.R. 2150 — was introduced in April. If […]
The home health industry is right on the cusp of the Patient-Driven Groupings Model (PDGM) becoming the new normal. Among its changes, the payment overhaul gets rid of scores of previously acceptable primary diagnosis codes under the Prospective Payment System (PPS). In fact, PDGM has roughly 40% fewer acceptable codes compared to the current payment […]
The Home Care Association of America (HCAOA) is undergoing a leadership shakeup. The Washington, D.C.-based trade group announced Tuesday that long-time home care leader Vicki Hoak is taking over as executive director. Hoak takes over the role previously filled by Phil Bongiorno. Moving forward, Hoak will be tasked with helping U.S. home care providers navigate […]
In September, the owner and operator of an Atlanta-based in-home care provider pleaded guilty to defrauding Medicaid in a $1.2 million scheme. Shortly before that, a Boston-based in-home provider agreed to pay $1.95 million in a settlement to resolve allegations that it submitted Medicaid claims without physician authorization in August. These cases are both part […]