A significant portion of home care providers view Medicare Advantage (MA) as a 2020 business opportunity. But MA plans likely need more time to figure out where home care fits into their coverage, meaning real upside may still be a ways off, according to Addus HomeCare Corporation (Nasdaq: ADUS) President and CEO Dirk Allison. Allison […]
Envoy America and HomeThrive announced Monday that the two companies are teaming up on a program offering transportation-plus-assistance and companionship services to older adults. The partnership comes as more companies look to address the social determinants that hinder care. “Transportation is one of the biggest challenges that family members have,” Dave Jacobs, co-founder and managing […]
When Landmark Health and Blue Shield of California teamed up a year ago on a joint home-based care program, the goal was to improve access to services for the insurer’s most vulnerable members. Since then, the collaboration has yielded more than 15,000 home visits for medical, behavioral and social support services, as well as urgent […]
Programs for All-Inclusive Care for the Elderly (PACE) organizations were given much-needed operational clarity on Tuesday, as the Centers for Medicare & Medicaid Services (CMS) finally announced a new rule to update and modernize program requirements. The new rule — the first major update to the PACE program since 2006 — will likely lead to […]
Now more than ever, older adults are struggling with depression, addiction and similar challenges, recent statistics suggest. For some home health providers, that makes behavioral health a major business opportunity. Although behavioral health poses a significant upside, providers looking to break into the space will have to navigate unique reimbursement and operating challenges, experts say. […]
At the beginning of May, Always Best Care Senior Services LLP — one of the largest home care franchise companies in the country — announced it had opened a new location in Pasadena, California. The opening came roughly a month after Always Best Care launched another new location in Pompano Beach, Florida, and roughly two […]
When it comes to the Patient-Driven Groupings Model (PDGM), anything that would put patient outcomes at risk should be off the table, according to Keith Myers, chairman and CEO of LHC Group Inc. (Nasdaq: LHCG). Myers discussed the Lafayette, Louisiana-based LHC Group’s ongoing operations and PDGM plans Tuesday while speaking at the RBC Capital Markets […]
Chicago-based nonprofit CommonSpirit Health announced Monday it’s teaming up with hospital-at-home startup Contessa to bring acute-level care and other new services into the homes of its patients. Created in 2019 following the alignment of Catholic Health Initiatives and Dignity Health, CommonSpirit operates across 142 hospitals and more than 700 care sites in 21 states. In […]
A new law designed to help fund long-term care services could mean big business for home care providers down the road. On May 13, Washington Governor Jay Inslee officially signed the Long-Term Care Trust Act into law. The groundbreaking tax could be the first of several of its kind to sweep the nation. The law […]
Care Advantage expands into news states with acquisitions Care Advantage Inc. has broadened its footprint in Washington, D.C., and expanded into Maryland and Delaware for the first time following two new acquisitions. The private equity-backed personal care provider acquired Capital City Nurses and its sister company, Coastal Home Care, earlier this month. Financial terms of […]
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