No longer satisfied with just being a player in the value-based care space, Signify Health Inc. (NYSE: SGFY) ultimately is seeking to be a transformative force in health care. Its strategic plan reflects the general moment of home-based care and innovative payment arrangements as well. “As we think about our product roadmap, the core of […]
In some ways, preparation and experimentation are two sides of the same coin in that the latter gives way to the former. Over the years, a number of home care franchise companies have added company-owned locations to their larger franchise networks. These locations function as “test kitchens” that allow providers to experiment with new programs […]
Element5 announced on Tuesday that it has raised $30 million in a Series B. This latest round of funding was led by the New York-based venture capital and private equity firm Insight Partners. Insight Partners has a history with Element5. Last year, the VC and PE firm also led Element5’s $15 million Series A. “[Insight […]
With the unveiling of the Biden administration’s nursing home reforms, which include increased health and safety inspections by the U.S. Centers for Medicare & Medicaid Services (CMS), home health providers will need to be prepared to navigate through additional oversight. In February, the Biden administration released a full-scale set of proposed reforms. The reforms are […]
Despite the growing demand for home health services, fraud and abuse guardrails often limit access to the Medicare benefit, a recent Bipartisan Policy Center (BPC) report suggests. The report highlights BPC’s recommendations for the U.S. Centers for Medicare & Medicaid Services (CMS) on how to improve home health services for Medicare fee-for-service beneficiaries. “Given the […]
Medicare Advantage (MA) organizations have limited beneficiaries’ access to necessary care. They have also denied payments to providers for services that are covered under Medicare rules, as well as MA billing rules. That’s according to a report released Thursday by the Office of Inspector General (OIG). The report examined data over the course of one […]
Humana Inc. (NYSE: HUM) has been vocal about its plan to develop its health care services capabilities in three phases. The first phase is building the capabilities. The second phase includes enhancements to align its capabilities with value-based principles, and the third is integrating these capabilities in select local markets. With the divestiture of its […]
The right partnership can be a powerful tool for businesses looking to expand their service offerings, enhance their internal operations or even gain an edge over competitors. Over the years, home care providers have gone beyond just forming relationships with industry peers. These collaborations have yielded a significant return on investment (ROI) for agencies. In […]
For startups, reaching unicorn status — a valuation at over $1 billion — is a major milestone. And with its latest funding round, Biofourmis just surpassed getting there. The company announced Tuesday that it has raised $300 million in Series D. The news runs counter to CB Insights’ recent findings that health tech funding, mega-round […]
Getting an accurate and timely OASIS is a challenge that home health providers continue to face. As providers continue to gear up for OASIS-E, it will be important to follow a set of processes that will help set them up for success. “We’ve got to be thinking about how we can make this better,” Cindy […]
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