Home health utilization across the country has plateaued, marking the end of a growth spurt that lasted seven years, according to data compiled by Healthcare Market Resources. Still, rates varied significantly by state, perhaps indicating room for growth on a more granular level. The national average for home health utilization in 2014 was 8.76%. This […]
American Hospice Management Holdings has filed for bankruptcy protection amid “severe financial stress,” leaving the hospice care provider six weeks to sell its business. Already, Hospice Partners of America made a “stalking horse” bid to acquire American Hospice’s operations in Virginia and Texas, leaving operations in Arizona, Florida, Georgia, New Jersey and Oklahoma up for […]
Home health deals dramatically dropped off in 2015, and now the nation’s largest home health provider intends to sit on the sidelines moving forward. After reporting significant consolidation and revenue growth at the end of 2015, Kindred Healthcare Inc. (NYSE: KND) indicated it won’t make any major home health purchases in the foreseeable future. For […]
This week on Home Health Care News, we took a break from March Madness to bring you the latest in the home health industry. That included a look at how “Before I Die” walls can promote palliative care, and information about a charge against a former Amedisys Inc. (Nasdaq: AMED) executive in a $7.6 million fraud […]
Lawmakers in New York are currently at odds over a minimum wage hike, prompting health care workers in the state to take to the capital to urge action on the proposed increase to $15 an hour. But industry groups fear the uptick could be detrimental to home care agencies if the state doesn’t properly fund […]
Between physical therapy, medication administration, assistance with activities of daily life and more, a home health patient’s care needs can be quite complex and at times prove difficult to manage. That’s why once patients move from an acute setting back to their homes, care coordination and collaboration become more important than ever, according to experts […]
Seniors across the country are interacting with the health care system in very different ways—and with very different regularity. Whereas those living in Manhattan have had contact with the health care system nearly 25 days in a year, Medicare beneficiaries in Lebanon, New Hampshire made far less contact, at roughly 10 days, according to a […]
A former executive of one of the nation’s largest home health providers, Amedisys Inc. (Nasdaq: AMED), has been charged in connection with a scheme bilking the company out of more than $7.6 million. David Michael Pitts, 41, is charged in a Bill of Information with wire fraud related to the scheme, which is supposed to […]
Since November, the Centers for Medicare & Medicaid Services (CMS) has rolled out regulation upon regulation affecting home health care, altering the landscape for agencies across the country. CMS first finalized a rule to incentivize hospitals to work with other post-acute providers for knee and hip replacement procedures through bundled payments for 67 hospital locations. […]
There was a dramatic drop off in the number of home health deals completed in 2015 as compared to years past, but even with valuations at all-time highs, strategic buyers will continue to seek out acquisitions that add significant value to their portfolios in the year ahead. “Buyers will be looking for things that really […]
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