Compared to fee-for-service Medicare, seniors save close to $2,000 on average in total annual health care spending with Medicare Advantage (MA). That’s according to a new study — based on 2019 Medicare Current Beneficiary Survey data — from Better Medicare Alliance. The study features an analysis conducted by the Washington, D.C.-based research and consulting firm […]
With more eyes than ever on home-based care, there are a number of legislative and regulatory developments that will be critical for providers to stay on top of. For providers like Help at Home, which is working in the Medicaid space along with private pay, the short-term gains have been apparent. “If you took what’s […]
Many home-based care organizations want to rely less on fee-for-service payment models and step into the value-based care space. While this is easier said than done, a few providers have been able to make significant strides in regard to value-based care relationships. At Care Advantage, value-based care makes up roughly a third of the company’s […]
Over the years, there have been federal efforts in the U.S. to shift dialysis for kidney care patients into the home. Meanwhile, home-focused kidney care companies have cemented their spot as part of the broader health care landscape. In this environment, the question that lingers is if there’s a place for home health providers in […]
InHome Therapy wants to be the ultimate problem solver in home health care as the industry undergoes a number of regulatory and workforce-related challenges. The company recently acquired Contract Therapy Services Inc., a provider of physical, occupational and speech therapy, as well as registered dietitian services. The deal falls in line with InHome Therapy’s strategy: […]
Amedisys Inc. (Nasdaq: AMED) has been vocal about leaning into the opportunities that offering higher-acuity care in the home will bring. That has also had an influence on the company’s M&A and JV strategies. “Our acquisition of Contessa Health last year created the platform for us to directly offer those high-acuity services,” Kris Novak, vice […]
Home health operators are still several weeks away from getting a glimpse at the proposed payment rule for 2023. Even so, they’re beginning to see signs of concern that they’ll not be getting an inflation-adjusted rate. Because of workforce investments, more expensive supplies and the overall cost increase of goods and services in the U.S., […]
A month after Right at Home announced that Brian Petranick resigned from his long-held position as president and CEO, the company appointed Margaret Haynes — formerly the COO — to the role. “I’m really humbled by the fact that I have the opportunity now to serve as the CEO and president of Right at Home,” […]
Senior care startup DUOS announced Tuesday that it has raised $15 million in a Series A. The round was led by Imaginary Ventures, with participation from existing investors Forerunner Ventures, Declaration Partners, and a new investor, Optum Ventures. The $15 million is a significant mark for the company, which sees itself in a new stage […]
As workforce shortages remain a challenge for home-based care providers, industry stakeholders are finding that combating the issue in a myriad of ways is the best route. “We consider [workforce] the No. 1 priority in home care and hospice,” Bill Dombi, president of the National Association for Home Care & Hospice (NAHC), said during a […]
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