For Brookdale Senior Living (NYSE: BKD), home health may soon be a game-changer. The Brentwood, Tennessee-based senior living provider held its second-quarter 2017 earnings call on Tuesday, the day after a report surfaced that its potential acquisition by Beijing-based real estate and leisure firm Zhonghong Zhuoye Group Co Ltd had been put on hold. The […]
The buyout of one of the nation’s largest home health care providers by a Beijing-based real estate and leisure firm has reportedly been put on hold, according to the Financial Times. Brentwood, Tennessee-based senior living provider Brookdale Senior Living (NYSE: BKD) could be sold for as much as $4 billion, although analysts have long speculated on […]
It’s widely believed that treating the frailest seniors where they currently live—whether that’s in their home of 50 years or in a newly-built skilled nursing facility—can help them avoid unnecessary hospitalizations. Landmark Connect, the latest initiative from Buffalo, New York-based in-home medical care provider Landmark Health, certainly subscribes to this way of thinking. The business, […]
A federal watchdog is planning to take a deeper look at home health billing practices nationwide. Specifically, the U.S. Department of Health & Human Services Office of Inspector General (OIG) recently announced it intends to identify the common characteristics of “at-risk” home health agencies using data from the Centers for Medicare & Medicaid Services’ (CMS) Comprehensive […]
The company behind a new robot for seniors aging in place has attracted a well-known backer: Toyota. Specifically, the Toyota Research Institute (TRI) has invested $14 million in Intuition Robotics, an Israel-based firm that develops social companion technology for older adults. Intuition, which recently opened an office in San Francisco, is the maker of ElliQ, […]
A major change is in store for senior housing and home care referral service A Place for Mom (APFM). The Seattle-based company’s previous investor, Warburg Pincus, is selling APFM for an undisclosed price to technology investment firm Silver Lake and global growth equity firm General Atlantic, both of which will own equal stakes in APFM […]
One of the nation’s largest home health care providers and the largest senior living provider, Brookdale Senior Living (NYSE: BKD), is rumored to be in buyout talks after receiving an acquisition bid of $3 billion from a Chinese firm, according to a Tuesday report by Reuters. Brookdale has been rumored to be for sale for […]
Only 33% of older Americans have set aside money to pay for their own long-term care, including home health care. Similarly, most Americans believe the federal government should help pay for their care in old age, according to a recent survey. Over half of Americans 40 and older believe the federal government should devote “a lot” […]
Home health providers may not find 2017’s most in-demand job surprising—but they may find it concerning. “Home health aide” is the most in-demand job for 2017, according to a recent report from job search portal CareerCast. The job beat out other health care professions, like physical therapists and nurse practitioners, to claim the top spot. […]
Home health agencies might succeed in reducing hospital readmissions if they think of it as a numbers game. In fact, the number of home health visits during the first week post-discharge may play a critical role in readmission rates of Medicare beneficiaries, according to Zeb Clayton, vice president of client services at Santa Barbara, California-based health care data analytics […]
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