Many older Americans who have chronic diseases have limited access to in-home medical care, not only because of their location but also because primary care providers are less likely to visit their patients at home, according to a new study. In fact, seven times more primary care providers visited nursing homes than patients at home […]
When in-home caregivers participate in intensive training, their patients are less likely to go to the emergency room or be hospitalized, according to a recent case study conducted in California. In fact, the rate of repeated emergency room visits among patients cared for by trained workers dropped by 24% in the first year after undergoing […]
Earnings season is in full swing, and Home Health Care News got the scoop on how various providers fared in the second quarter of 2016. Among those we reported on, we discovered that rising labor costs are taking their toll on even the most prominent home health providers, and that a CFO retirement at Amedisys Inc. […]
After revealing an “unprecedented pipeline” anticipated to produce approximately $1 billion in revenue, national home health and hospice provider LHC Group Inc. (Nasdaq: LHCG) scaled back its plans for future acquisitions. However, the company unveiled a significantly more targeted approach to joint ventures (JVs) moving forward, when discussing earnings results for the second quarter of 2016 […]
Despite Amedisys Inc. (Nasdaq: AMED) posting strong earnings for the second quarter of 2016 and beating analysts’ expectations, investors initially didn’t appear confident in the results as the home health and hospice company’s share price plummeted 13% Wednesday morning. Baton Rouge, Louisiana-based Amedisys reported an adjusted net service revenue of $361.7 million for the second […]
Home health leaders continue to urge the Centers for Medicare & Medicaid Services (CMS) to hit pause on the Medicare pre-claim review demonstration, which became active and applicable to all home health agencies in the state of Illinois on Monday. The Partnership for Quality Home Healthcare, in particular, voiced concern that CMS has gone ahead […]
Three Miami residents have been sentenced and ordered to comply with a $40 million payback for participating in what’s considered the largest Medicare fraud scheme prosecuted in Southern Florida in 2015. Jorge Lorenzo, 36, was sentenced to more than 15 years in prison Friday after pleading guilty to conspiracy to commit health care and wire […]
One of the nation’s largest home health care and hospice companies is expanding its private duty footprint with a $4.4 million deal announced Monday. Baton Rouge, Louisiana-based Amedisys, Inc. (Nasdaq: AMED) signed a definitive agreement to acquire substantially all of the assets of Professional Profiles, Inc., a personal care company headquartered in Danvers, Massachusetts, the […]
The use of home health services after a major joint repair surgery for Medicare patients results in cost-effective care and lower readmission rates, according to data newly released Thursday. The data analysis, conducted by Dobson | DaVanzo & Associates and released by the Alliance for Home Health Quality and Innovation, comes just more than two […]
Days after unveiling a preauthorization requirement for home health agencies, providers expressed confusion and concern as the Centers for Medicare & Medicaid Services (CMS) attempted to clarify what the plan entails. The new preauthorization measure, dubbed the Pre-Claim Review Demonstration for Home Health Services, aims to crack down on Medicare fraud, waste and abuse in […]
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