The leaders at Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) believe that the demand for home- and community-based care has never been higher. “As a reminder, we do not have a demand problem,” Aveanna CEO Jeff Shaner said during the company’s first-quarter earnings call on Thursday. With this in mind, Aveanna is focused on the labor […]
Now that the public health emergency (PHE) is ending, home health stakeholders are taking stock of what ripple effects will impact the industry most. The Trump Administration first declared the PHE in March of 2020, retroactive to Jan. 27, 2020. In January, the Biden administration announced that the PHE would end on May 11. Broadly, […]
Resilient Healthcare has raised $10 million in funding. In tandem, it bought out Mezas Capital Group in a cash-plus-debt deal. The company was able to achieve this round of funding – and buy out its initial capital partner – through angel investors, a group that included veterans, technology executives, health care leaders and members of […]
More patients that can be categorized as clinically complex are being referred to home-based care providers. As a response, providers are making moves to ensure that they’re in a position to deliver appropriate care to these patients. Broadly, this trend has been visible to most home health providers for years. It was exacerbated, however, by […]
The Pennant Group Inc. (Nasdaq: PNTG) is celebrating a milestone. The company has reached an all-time high in home health and hospice average daily census. Specifically, Pennant saw a 7.1% year-over-year increase in home health admissions last quarter. “We are excited about this progress, and still see significant opportunities to improve our bottom-line financial performance,” […]
Despite some concern from industry peers, Modivcare Inc. (Nasdaq: MODV) isn’t sweating the U.S. Centers for Medicare & Medicaid Services’ (CMS) latest proposed rule, which includes a provision that would require at least 80% of Medicaid payments to go toward compensation for personal care workers. There are a couple of reasons for this, according to […]
Many home-based care providers tend to offer both home health and hospice services. Thus, home health leaders pay close attention to proposed rules in hospice. Home health providers are still weeks away from getting a glimpse at their proposed rule for 2024. In terms of the main provisions, the proposed rule for hospice doesn’t contain […]
The Biden administration announced on Monday that COVID-19 vaccine requirements in place for federal employees and contractors will come to an end on May 11. For home-based care providers working under Medicare and Medicaid, this is seemingly the end of COVID-19 vaccine mandates for staff. The Biden administration citied a 95% decline in COVID-19 deaths, […]
After just over a year in the business, most home-based care companies would still be trying to find their footing. PurposeCare, on the other hand, is operating on solid ground – with a very clear mission on what it’s working toward as a company. The provider is making moves to build an integrated care model […]
On Thursday, the U.S. Centers for Medicare & Medicaid Services (CMS) proposed a new rule that would make major changes to the way that home care workers are compensated under Medicaid. While home-based care stakeholders recognize that the proposal could lead to some improvements, many are critical of what they view as a one-size-fits-all approach […]
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