Sharing is caring. The concept resonates at one Miami, Fla.-based startup whose caregiver-senior pairing service offers an alternative to traditional home care in a way that resembles the widely popular Airbnb for vacationing renters. Similar to Airbnb, which pairs travelers with hosts who have listed their homes for rent, Room2Care is establishing a marketplace for […]
The market for home health technologies is poised for strong growth and will have an enormous impact on the health care ecosystem over the next five years, according to projections released this week. By 2020, 78.5 million consumers will utilize home health care technologies, says independent research and consulting firm Tractica in a report titled […]
Patients’ access to telehealth technologies that facilitate health care services at home has tripled over the past three years. However, doctors are not entirely convinced that this and other tech has improved treatment decisions, a recent study suggests. The number of physicians offering tele-monitoring devices that enable patients to monitor their health has risen […]
As health care merger and acquisition activity continues to grow in the first quarter, home health and hospice transactions hit a minor snag to start the year, despite seeing a nearly 30% increase a quarter ago, recent data indicates. Overall health care M&A activity grew 24% during the first quarter of 2015 to 355 total […]
Legislation to replace Medicare’s controversial Sustainable Growth Rate (SGR) now has been signed into law. While some concerns regarding reimbursements linger, the home health community largely commends Congress. The bipartisan Medicare Access and CHIP Reauthorization Act legislation to repeal the long-standing SGR, colloquially known as the “doc fix,” was signed Thursday by President Barack Obama, following […]
An Internet scam that has been targeting everyone from ordinary online users to local police departments has now set its sights on the home health care sector. Ransomware is one of the latest cybersecurity threats used by hackers to gain access to a person’s or organization’s sensitive data, in return charging victims a price to […]
Baby Boomers’ personal wealth and the rise of attractive senior living communities could mean that aging at home is becoming a less attractive option than it has been in the past, says a recent report from the National Association of Real Estate Investment Trusts (NAREIT). Using data with the Panel Study of Income Dynamics (PSID), a nationally representative […]
Being the most popular search engine on the Internet has made Google a household name. And now, the company wants to actually be in your household—sort of—through a new project it currently has in the works. The company plans to announce a new product aimed at connecting Google search users with various local home-service providers, […]
An ongoing effort to improve its balance sheet has led Amedisys Inc. (NASDAQ: AMED) to an extensive leadership overhaul at the executive level. In April 2014, Amedisys agreed to pay $150 million to the federal government, resolving allegations that the company provided medically unnecessary services to Medicare beneficiaries. As the company tries to bounce back, it […]
Gentiva Health Services last week approved a $6.5 million settlement stemming from a class action lawsuit filed by investors who claimed to have been harmed by a securities fraud scheme. In November 2010, a former named plaintiff in the case filed a securities fraud class action on behalf of investors who purchased publicly-traded securities of […]
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