Integrated Home Care Services Names New CEO; Honor Appoints CFO

Integrated Home Care Services hires new CEO Integrated Home Care Services Inc. has named Christopher Bradbury as the company’s new CEO. Bradbury succeeds Jorge Pereda, who has served as CEO since the company’s inception. Pereda will now serve as chairman of the board. “After building successful companies throughout the last 30 years, I am excited […]

Health System Giant Lee Health Expands In-Home Care Capabilities

One of Florida’s largest nonprofit public health systems — Lee Health — is beefing up its virtual- and at-home care capabilities. Lee Health’s virtual health program focuses on patients with congestive heart failure (CHF),chronic obstructive pulmonary disease (COPD) and hypertension, as well as post cardio-thoracic surgery patients. “This is the population that has chronic needs, […]

Hundreds Of Stakeholders Voice Concerns As Home Health Proposed Rule Commenting Period Ends

The public comment window for the home health proposed payment rule closed on Tuesday. Overall, industry stakeholders had submitted 691 comments to the U.S. Centers for Medicare & Medicaid Services (CMS) as of Tuesday morning. From the start, home health stakeholders took issue with CMS’ methodology for determining whether the Patient-Driven Groupings Model (PDGM) led […]

Homebound Seniors Remain Disproportionately Costly For Medicare

Homebound seniors contribute to higher overall Medicare spending compared to their non-homebound counterparts, according to a recent study from researchers at the Icahn School of Medicine at Mount Sinai. The study examined National Health and Aging Trends data and Medicare fee-for-service claims data to give an overview of health care utilization and spending among homebound […]

How Home Care Became The Final Destination For New Franchise Owners

Working in home care wasn’t the original plan for many of the leaders and entrepreneurs that are now operating in this space. But life circumstances, the business opportunity in senior care and a greater call to aid others meant home care became their ultimate, and likely final, destination. In many cases, being an outsider coming […]

Startup Unicorn Biofourmis Secures An Extra $20M From Intel Capital

Just four months after raising $300 million – and reaching unicorn status in the process – Biofourmis has secured another $20 million in funding. In total, the company has amassed a $320 million Series D. Intel Capital, the strategic investment arm of chipmaker Intel Corporation, joined the round. In addition to Intel Capital’s involvement, this […]

The New Franchise Owners Who Have Made Home Care Their Second Act

More often than ever, professionals from other sectors are changing course, entering the home care industry and jump starting their careers by becoming franchisees. This new class of home care franchise owners brings with them backgrounds in law, hospitality, public relations and other areas. Since moving into the home care sector, many have been able […]