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 […]
Though the Pennant Group Inc. (Nasdaq: PNTG) has entered into a new era of leadership, the company is doubling down on its core strategy and operational principles. “Our differentiators are, one, our innovative operating model focused on empowering and developing strong local leaders,” Pennant CEO Brent Guerisoli said during a second quarter earnings call Tuesday. […]
Last month, Signify Health Inc. (NYSE: SGFY) revealed that it would turn its attention to its fastest-growing and most profitable businesses. The company’s home and community services (HCS) segment fits the bill. “This decision will allow us to invest more in supporting the growth of our in-home services, our total cost of care enablement platform, […]
The Centers for Medicare & Medicaid Services’s (CMS) Independence at Home demonstration aims to find out if delivering comprehensive, home-based primary care can lead to positive outcomes and lowered costs. One demonstration participant, Northwell Health, has been able to realize this goal. Broadly, the Independence at Home demonstration allows Medicare beneficiaries who have multiple chronic […]
For LHC Group Inc. (Nasdaq: LHCG), its plan to combine with UnitedHealth Group’s (NYSE: UNH) Optum is still the big headline. All the while, the company is still navigating through the same home health care landscape that its peers are. Back in March, UnitedHealth Group announced that it would acquire the Lafayette, Louisiana-based company for […]
The Biden administration has shown time and again its commitment to home- and community-based services. And Addus HomeCare Corporation (Nasdaq: ADUS) is beginning to reap some of the benefits. The Frisco, Texas-based in-home care services providers has begun to receive more substantial funding from the states it operates in through the American Rescue Plan. “With […]
A bill that would extend telehealth waivers until the end of 2024 has been passed by the U.S. House of Representatives. The news is notable because it means that these pandemic-relief telehealth flexibilities could be untied from the public health emergency (PHE). Currently, the PHE is set to expire in October, but could receive another […]
When it comes to home health providers, it’s safe to say that the proposed payment rule is the talk of the town. And Amedisys Inc. (Nasdaq: AMED) is no exception. “The topic on everyone’s mind has been the proposed home health rule for 2023,” Amedisys CEO Chris Gerard said during the company’s second quarter earnings […]
Home care providers likely exhaled a sigh of relief when the American Rescue Plan passed last year, earmarking funds intended to enhance home- and community-based services (HCBS). And they’re once again breathing easier now that the U.S. Department of Health and Human Services (HHS) – through the U.S Centers for Medicare & Medicaid Services (CMS) […]
Along with achieving better health outcomes, Medicare Advantage (MA) checks in at annual consumer savings of roughly $2,000. That’s according to a new report from the research and advocacy organization Better Medicare Alliance (BMA). This news, as well as other findings from BMA, come at a time when more home-based care providers are being vocal […]
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