Blue Wolf Capital makes another post-acute care move As a response to the growing demand for integrated delivery models in the post-acute care sector, private equity firms Blue Wolf Capital Partners and Peloton Equity have partnered to launch rehabilitative health care provider ClearSky Health. Austin, Texas-based ClearSky Health plans to develop and acquire in-patient rehabilitation […]
Despite consumer preferences for home-based care, relatively few senior living organizations see it as a potential growth opportunity. Meanwhile, skilled nursing facilities (SNFs) say they’re only losing a fraction of their referrals to home health providers. That’s according to a recent report from Enquire Solutions, a Greenwood Village, Colorado-based customer relationship management (CRM) and contact […]
At-home care organizations across the country are grappling with how to attract and retain staff. Moorestown, New Jersey-based Bayada Home Health Care has tried to solve the industry-wide pain point by exploring creative solutions, including university partnerships. Reasons for at-home care workforce challenges are numerous. On a macro-level, the United States has a rapidly aging […]
Federal watchdogs continue to ramp up oversight of home care companies for minimum wage and overtime pay violations, a Wednesday report from Bloomberg Law suggests. Meanwhile, caregiver registries are creating uncertainty as to whether they should be considered employers. Over the past few months, several home care companies across the U.S. have been met with […]
HCAP Partners invests in Mission Healthcare In the midst of growing interest in the home health care space from private equity investors, HCAP Partners has invested in Mission Healthcare. Investment terms were not disclosed. Mission Healthcare — which has more than 600 employees — is a San Diego-based home health and hospice services provider with […]
Home health care has been proven to play a key role in lowering hospital readmission rates and preventing costly emergency room visits. Major hospitals are now designing ERs specifically for older adults, keeping the goal of re-hospitalization prevention top of mind. And that may mean more business for home health providers moving forward. “There’s a […]
With major regulatory volleys such as the Patient-Driven Groupings Model (PDGM) and the Review Choice Demonstration (RCD) on the table, keeping track of other industry-shaping issues can often feel like a losing battle. For some home health stakeholders, that may have meant missing a subtle yet important announcement from the Centers for Medicare & Medicaid […]
Home health physical therapy sessions — set for major changes under the upcoming Patient-Driven Groupings Model (PDGM) — can drastically lower the risk of re-hospitalization among older adults following discharge. That’s according to a new study published earlier this month in Journal of the American Medical Directors Association. Specifically, the study found, one to two […]
Since co-founding Executive Care with his wife Mila 15 years ago, CEO Lenny Verkholglaz has led the Hackensack, New Jersey-based home health care franchise toward consistent growth in an industry that is grappling with how to recruit and retain home care workers. Today, the private-pay in-home care company has over 20 locations across more than […]
Despite the efforts of state and federal policymakers trying to encourage the use of home- and community-based services (HCBS) over the past several decades, patients in rural areas still face more challenges gaining access to those kinds of supports compared to their urban counterparts. That’s according to a new study published this month in the […]
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