Three of the biggest publicly-traded home health companies had a stellar showing last month, as their market performance both outpaced the S&P 500 index and achieved a new record high for the month of April, according to the latest Home Health Index from Stoneridge Partners. The Home Health Index, which tracks the market values of […]
Home health has been one of the fastest-growing health care sectors of the new millennium. In fact, the number of workers in home health care services grew by 115.1% between 2000 and 2016, according to an analysis from “Big Four” accounting firm Deloitte. About 728,800 of the 4.6 million health care jobs created between 2000 and 2016 […]
Late last year, Kindred Healthcare (NYSE: KND) announced its intention to completely exit the skilled nursing sector and place its bets on the home health and hospice business. Now, the Louisville, Kentucky-based post-acute care services provider is reportedly receiving takeover interest. The one-time skilled nursing giant is in “late-stage” discussions with several potential buyers for […]
The availability of home health care increased nationwide between 2002 and 2015, though patients living in certain regions of the U.S. continue to enjoy greater access to home health agencies, according to a recent study from researchers at the Yale School of Public Health. For the study, researchers surveyed 15,184 Medicare-certified home health agencies included in the […]
Another senior living provider is getting into home care—and it’s not afraid of any seasoned competition. Westport, Connecticut-based senior living provider Maplewood Senior Living recently introduced Maplewood at Home, a new business segment that offers private duty, non-medical services to seniors living in Maplewood communities or in their own homes. The service is geared, in […]
Among Medicare-eligible patients, hospice utilization has been declining for years. Specifically, hospice utilization among Medicare-eligible patients nationwide totaled about 2.55% in 2015, down from 2.59% in 2014 and 2.67% in 2013, according to a new analysis from Healthcare Market Resources. The Pennsylvania-based health care market intelligence firm calculated hospice utilization by dividing the number of […]
Last year was a busy one for a variety of sectors in the health care services industry—and the home health and hospice sector was no exception. In fact, home health and hospice deal activity rose 12% year-over-year in 2016, according to the 23rd edition of Irving Levin Associates’ Health Care Services Acquisition Report, published Tuesday. Deal […]
By late summer, some home care workers in Illinois may not be permitted to legally work more than 40 hours per week, The State Journal-Register reported. Specifically, Illinois’ Department of Human Services (DHS) is now free to implement a twice-deadlocked rule that prevents caregivers in the state’s Home Services Program from working overtime. The rule is […]
Parts of the United States with high medical service costs would do well to embrace more hospice care. In fact, incentivizing hospice care in these regions may lower total health care costs nationwide, according to a study recently published in Health Affairs. For the study, Shiyi Wang of the Yale University School of Public Health and […]
Home health agencies contribute significantly to the U.S. economy—but their impact varies drastically by state, according to new data. Nationwide, home health agencies paid out a combined $35.81 billion in wages in 2014, according to the recently published Home Health Chartbook 2017. The updated report was prepared by Avalere Health for the Alliance for Home […]
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