Just one month after its purchase of One Medical (Nasdaq: ONEM) for $3.9 million, Amazon (Nasdaq: AMZN) reportedly has its eye on another health care entity. This time around its Signify Health (NYSE: SGFY), a value-based care platform with home-based care capabilities. Signify is potentially for sale in an auction that could value it at […]
For the most part, the home care industry tends to have a “the customer is always right” attitude toward clients. Even so, some instances arise where agencies have to take the drastic step of firing a client. And when this happens, agencies must navigate the process carefully. It’s important for home care agencies to be […]
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 […]
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, […]
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 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 […]
More than ever, Medicare Advantage (MA) plans are stepping up and responding to the demand for more access to care in the home setting. This, in turn, has created an avenue for home-based care providers to lean into new opportunities. Over the past couple of years, the amount of MA plans offering care services in […]
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 […]
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 […]
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 […]