Amazon (Nasdaq: AMZN) announced plans on Thursday to acquire the primary care provider One Medical (Nasdaq: ONEM) for a price tag of $3.9 billion. Once the acquisition closes, it will give Amazon a large primary care capability to potentially pair with its growing home-based care business, Amazon Care. Originally launched in 2019 as part of […]
On Tuesday, the U.S. Centers for Medicare & Medicaid Services (CMS) took the time to map out the federal agency’s strategic plans and key initiatives moving forward. During the national stakeholder call, CMS Administrator Chiquita Brooks-LaSure, CMS Chief Operating Officer Jon Blum and Deputy Administrator and Director of Center for Medicaid and CHIP Services Dan […]
Tampa General Hospital has thrown its hat into the home-based care ring. To pull this off, the hospital has formed a partnership with the Visiting Nurse Association of Florida (VNA), a home health agency. Together, the two organizations have formed TGH Home Care, powered by VNA of Florida. The joint entity will offer a variety […]
Though it sometimes may not feel like it, the expiration of the public health emergency (PHE) will, one day, come. And when it does, that will have ramifications on home health providers specifically, and home-based care more generally. With the declaration came a handful of waivers and flexibilities meant to alleviate the harsh impacts of […]
Home-based care services are a crucial element of medical care. Despite this fact, issues surrounding accessibility have hindered the Medicare home health benefit’s ability to be effective, a new report published in Health Affairs Thursday suggests. The report was authored by Henry J. Kaiser’s President Barbara Lyons, as well as Diane Rowland, the former executive […]
The federal government saw a return of nearly $1.9 billion in health care fraud settlements and judgments in 2021. Of this $1.9 billion, the Medicare Trust Funds received $1.2 billion, and the U.S. Centers for Medicare & Medicaid Services (CMS) received roughly $98.7 million. The Health & Human Services Office of Inspector General’s (HHS-OIG) annual […]
In order to capitalize off its growth, Signify Health Inc. (NYSE: SGFY) will be shifting its focus to its home and community services business, the company announced last week. It also plans to wind down its episodes of care services segment, and turn attention to its recent Caravan Health acquisition. “Our [home and community services] […]
CareConnectMD Inc. — a Costa Mesa, California-based and physician-led medical group — has raised a $25 million financing round led by the Minneapolis-based TT Capital Partners. The funds will go towards expanding CareConnectMD’s footprint in California, Ohio and Texas, as well as other markets. The $25 million has also been earmarked for investment into the […]
A home care company is turning the franchise model on its head. Instead of making potential new owners pay an initial franchise fee, HomeWell Care Services announced that it will remove the fee for new owners moving forward. Now, new owners will now be able to reinvest what would otherwise be their initial franchise fee […]
For an industry already facing challenges due to staffing shortages, competitors poaching employees can be a devastating blow. Over the past few years, between the COVID-19 pandemic and an exacerbation of other factors that contribute to poaching, it has become a reality that more home health providers are facing. “We have seen poaching happen at […]
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