The most compelling and innovative leaders in home health care don’t just inspire the people who work at their companies, they also catch the attention of fellow industry leaders. These leaders have earned the high esteem of their peers by hurdling operation challenges in the space, creating impressive recruitment initiatives, consistently embracing new ideas and […]
At Addus HomeCare Corp. (Nasdaq: ADUS), Medicaid makes up almost all of the revenue in its personal care business. Instead of looking towards the private-pay market, Addus remains committed to its current business structure. “Today 2%, or so, of our business is what would be called private-pay,” Addus CEO Dirk Allison said during a discussion […]
Cardiac Solutions — a physician-owned care provider that specializes in cardiac health services — achieved a 50% reduction in hospital cardiovascular readmission rates. These rates are the result of Cardiac Solutions’ use of remote patient monitoring and chronic care management through a partnership with MD Revolution. Cardiac Solutions examined 26,689 patients. The organization saw a […]
Like other care models that primarily serve seniors, the Program of All-Inclusive Care for the Elderly (PACE) has achieved a higher profile following the height of the pandemic. However, there’s still a larger push to expand PACE across the U.S. Currently, there are only 156 PACE organizations operating in 32 states and the District of […]
The Pennant Group (Nasdaq: PNTG) is more than halfway to meeting its goal of building a pipeline of 100 CEOs. The company announced that it added more than 50 CEOs in training, and that 38 local leaders earned C-level designations in their operations. Pennant CEO Brent Guerisoli noted that leadership development has been one of […]
In order to be successful moving forward, home-based care providers will need to understand the value-based care landscape and be prepared to operate in this space. That’s one key takeaway from a new report released by Transcend Strategy Group, an at-home care-focused growth strategy firm. The report is an overview of value-based care’s history, as […]
Signify Health — a part of CVS Health (NYSE: CVS) — has added heart arrhythmia tests to its diagnostic and preventive services offerings. These screenings are part of the company’s in-home services aimed at achieving earlier detection and diagnoses. One of the reasons Signify Health is focused on heart arrhythmias is because of how common […]
People who receive home health care during the last three years of their lives are more likely to utilize hospice care at the end of life. That’s according to a recent Rutgers Health study that was published in the Journal of Palliative Medicine. As part of the study, researchers examined a sample of over 2 […]
Though Modivcare Inc. (Nasdaq: MODV) achieved some wins last year, the company is still trying to navigate headwinds stemming from contract losses. “The root causes of these contract losses include a few MCO clients not securing their state contracts, a state health department’s decision to transition to a full broker model – favoring an incumbent […]
Axle Health — a scheduling and workforce management software for home-based care providers — has raised $4.2 million. The funding round was led by Pear and Trac VC. This latest round of funding will help Axle Health beef up its software and machine learning engineering team. Axle Health allows providers to arrange home-based care visits […]