Posts by Robert Holly:

  • Home Care Giant BrightSpring to Merge with Major LTC Pharmacy PharMerica

    Dec 11 2018

    Home- and community-based care giant BrightSpring Health Services — formerly known as ResCare — plans to merge with pharmacy company PharMerica. The two companies will be under the private equity ownership of KKR, with an affiliate of Walgreens Boots Alliance (Nasdaq: WBA) holding a minority stake, according to an announcement issued Tuesday. Full financial terms Read More

  • Home Health Stocks Recover After Down October, Flat September

    Dec 11 2018

    After a down couple of months mirroring broader economic trends, home health stocks are headed back up. Home health stocks climbed by more than 21% in November compared to the previous month, according to the most recent Home Health Index (HHI) from Stoneridge Partners, a mergers-and-acquisitions firm based in Louisville, Kentucky. The HHI is a Read More

  • LHC Group, LifePoint Acquire Two Home Health Agencies; Executive Care Expands

    Dec 10 2018

    LHC Group, LifePoint Health Expand Partnership Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG) is building one of its key joint ventures. On Monday, LHC Group and health network LifePoint Health announced that the companies have finalized two transactions to purchase and share ownership of a pair of home health organizations. They include Hickory, North Carolina-based Guardian Read More

  • CMS Fails to Start Home Health Review Choice Demo as Scheduled

    Dec 10 2018

    The Centers for Medicare & Medicaid Services (CMS) did not meet its publicly announced Monday goal of launching the Review Choice Demonstration (RCD) in Illinois. RCD is a revamped version of CMS’ widely opposed Pre-Claim Review Demonstration (PCRD) from 2016, an initiative that required home health providers to send in their Medicare claims earlier in Read More

  • Apple Targeting Heart Health With New App

    Dec 09 2018

    Technology titan Apple Inc. (Nasdaq: AAPL) has taken yet another step toward becoming an important player in the health care world and a potential resource for home-based care providers, particularly when it comes to heart health. Cupertino, California-based Apple announced Thursday that the newly available ECG app on its Apple Watch Series 4 model will Read More

  • Honor Faces Scrutiny Over Growing Partnership Model

    Dec 09 2018

    It’s been a little more than a year since San Francisco-based startup Honor launched a new strategy focused on partnering with existing home care providers. The partnership approach has so far helped Honor shift to a more sustainable business model and expand its market presence, company leaders say, but it has generated persistent rumors and Read More

  • [Updated] Home Health Salaries, Turnover Rates Rise in 2018

    Dec 06 2018

    Salaries for home health care employees saw a slight jump from 2017 to 2018. Unfortunately, so did turnover rates. That’s according to the latest Home Care Salary & Benefits report from Oakland, New Jersey-based Hospital & Healthcare Compensation Service, which provides salary and benefits studies, along with custom marketplace studies, for the health care industry. Read More

  • ComForCare to Roll Out System-Wide Private-Duty Nursing

    Dec 05 2018

    ComForCare on Wednesday announced a new business goal to roll out private-duty nursing across the entire franchise system of about 200 locations. The move fits into the company’s broader strategy. ComForCare CEO Steve Greenbaum recently outlined the Detroit-based home care franchiser’s plans to differentiate itself from industry competitors, mainly by refining a “suite of services” Read More

  • CareLinx Launches ‘Turnkey’ Home Care Option for Medicare Advantage Plans

    Dec 05 2018

    Flexing its scale and technology knowhow, nationwide online home care network CareLinx has launched a new, turnkey offering for Medicare Advantage (MA) plans looking to incorporate non-skilled home care as a supplemental benefit. Announced Wednesday, Medicare At Home will allow MA plans to partner with CareLinx in a Medicare-compliant fashion so they can offer home Read More

  • Home Care Startup Mavencare Expands into Boston, Eyes Health System Partnerships

    Dec 04 2018

    Home care technology company Mavencare — which uses machine learning and predictive analytics to prevent avoidable hospital readmissions and other adverse health outcomes — is expanding into the Boston market. Founded in 2015 and headquartered in Toronto, Mavencare offers personalized home care services that are supported by its proprietary technology and delivered by a team Read More

  • Home Care Company Believes Mandatory Dementia Training Will Boost Retention, Revenue

    Dec 04 2018

    Citing a rising need among older Americans and an opportunity to boost profit margins, several U.S. home care agencies have taken steps to launch specialized dementia care business lines and associated caregiver training programs. A Maryland-based home care agency is looking to continue that trend — and eventually spin its new specialized caregiver training program Read More

  • Why the Largest Nonprofit US Home Health Provider Goes Big on Research

    Dec 03 2018

    Since its founding 125 years ago, the Visiting Nurse Service of New York (VNSNY) has not only become the largest not-for-profit home- and community-based health care organization in the United States, it’s also launched dozens of groundbreaking research projects and created an infrastructure within the business dedicated to these efforts. Over the past three decades, Read More

  • Solitude Poses Massive, Rising Threat to Seniors Living at Home

    Nov 29 2018

    Solitude has grown into a deadly problem for hundreds of thousands of older adults living at home across the United States, a new investigation has revealed. While tragic, the extent of the crisis suggests there’s ample opportunity for traditional home care agencies and budding technology startups that provide services specifically targeting loneliness and social isolation. Read More

  • Hospital-to-Home Transitions Still Plagued by Lack of Information

    Nov 28 2018

    In the state of New York alone, patients being discharged from hospitals into a post-acute care (PAC) settings can choose from more than 620 nursing homes, 120 certified home health agencies and 1,400 licensed home care services agencies. A similar breadth of PAC options exist in many other U.S. markets as well. The emergence of accountable care Read More

  • Humana Keeps Focus on the Home with ‘Grandkids on Demand’ Pilot

    Nov 26 2018

    “Grandkids on demand” startup Papa has struck a partnership with health insurance behemoth Humana Inc. (NYSE: HUM). A part-owner of the nation’s largest home health provider, Humana is pursuing a multi-faceted strategy to support more home-based services for its beneficiaries, including seniors on Medicare Advantage plans. As part of the new partnership, Louisville, Kentucky-based Humana Read More

  • With Transition to Nonprofit at Finish Line, Bayada Founder Gifts $20M to Employees

    Nov 20 2018

    In 2016, Bayada Home Health Care founder and then-President Mark Baiada announced he was transitioning his company to a not-for-profit model, essentially giving it away to a newly created charity organization. That ongoing transition is “right at the finish line,” Baiada told Home Health Care News. And Moorestown, New Jersey-based Bayada — one of the Read More

  • Medicaid Bill Would Prevent Spousal Impoverishment as Route to Home Care Coverage

    Nov 19 2018

    House lawmakers have taken a step toward extending crucial — but expiring — financial protections to seniors receiving long-term care in home or community settings. They did so with backing from more than a dozen health care and provider organizations. In general, to financially qualify for Medicaid long-term services and supports (LTSS), an individual has Read More

  • Right at Home Pushing Conversion Strategy for 2019 Growth

    Nov 18 2018

    Looking to build partnerships similar to the one it recently formed with Kindred at Home, home care franchise company Right at Home plans to push a new conversion strategy in 2019. The reason for the strategy, Right at Home executives say, is to expand the company’s U.S. footprint, filling in geographic holes for further business Read More

  • CMS: Home Health Improper Payments Down $6.92 Billion

    Nov 18 2018

    The Medicare fee-for-service improper payment rate in 2018 is the lowest it has been since 2010. A sharp drop in home health improper payments, in particular, is a big part of the reason why. Improper payments decreased by roughly $4.59 billion from 2017 to 2018, according to the U.S. Centers for Medicare & Medicaid Services Read More

  • CMS Seeking Feedback on Quality, Efficiency Measures in Home Health National Provider Survey

    Nov 15 2018

    At times, home health stakeholders have knocked the U.S. Centers for Medicare & Medicaid Services (CMS) for not listening to industry concerns, particularly when it comes to the introduction of new payment models. CMS is now looking to buck that trend — at least in one specific regard. On Thursday, the agency posted a notice Read More

  • Frail Older Adults Not Getting the In-Home Health Care They Need

    Nov 15 2018

    A huge gap exists between the need for home-based medical care and what is actually being provided to frail older adults, especially in rural areas, a new study has found. There also appear to be significant disparities in access to home-based care between male and female patients as well. The study was published in the Read More

  • Health Plans: Mixed Messages, Lack of Clarity Hinder MA Change Adoption

    Nov 14 2018

    Despite high levels of interest, several roadblocks are preventing a bigger, broader rollout of new supplemental benefits, including ones related to home care, soon to be available under Medicare Advantage (MA) in 2019. Those roadblocks, according to MA plans, include a general lack of regulatory clarity, mixed messages from federal policymakers and a tight deadline. Read More

  • HCA-NYS’ New President Weighs in on 13-Hour Rule, Home Care Investigation

    Nov 14 2018

    One of the busiest state-level home care associations in the country has a new leader. At the end of October, the board of directors for the Home Care Association of New York State (HCA-NYS) appointed Al Cardillo as the organization’s next president and CEO. HCA-NYS is a statewide health and advocacy organization comprised of nearly Read More

  • CMS Stands by Pre-Claim Review Revival, Provides Additional Information

    Nov 14 2018

    The U.S. Centers for Medicare & Medicaid Services (CMS) is standing firm on its home health Review Choice Demonstration (RCD) plans, though an official start date is up in the air. Originally floated in May, RCD is a revised version of the Pre-Claim Review Demonstration (PCRD) that launched in August 2016 and was halted in Read More

  • GreatCall, Lyft Take Aging in Place Transportation Program Nationwide

    Nov 13 2018

    The vast majority of America’s older adults hope to remain in their homes and communities as they age. That’s often only possible, however, when they are able to independently leave their homes when needed. To help them do so, San Diego-based GreatCall, a wholly owned subsidiary of Best Buy (NYSE: BBY), is ramping up its Read More

  • Humana: Value-Based Care Puts Future of Health Care in the Home

    Nov 13 2018

    The rise of value-based care models — or approaches to care that prioritize quality more than quantity — has meant primary care physicians have had to rely on a team-based approach to stay connected to patients in their everyday lives. That’s why, according to Humana Inc. (NYSE: HUM) leadership, the future of health care is Read More

  • Surging Functional Impairment Costs Could Mean Big Business for Home Care

    Nov 12 2018

    Functional impairment is, perhaps, far more costly to the U.S. health care system than previously thought. Functional impairment is broadly defined as a condition or status that interferes with one or more basic life activities, such as bathing, eating or dressing. To help carry out these activities, individuals living with functional impairments often turn to Read More

  • Telehealth Companies, Home Health Providers See Major Upside in CMS Proposal

    Nov 11 2018

    A recently proposed rule by federal policymakers expanding access to telehealth services through Medicare Advantage (MA) plans would likely be a major boon to home health providers and technology vendors alike, industry insiders say. Currently, the Centers for Medicare & Medicaid Services (CMS) largely restricts telehealth reimbursement to clinical settings in rural areas, apart from Read More

  • Better Training, Career Development Needed for America’s Direct-Care Workforce

    Nov 11 2018

    By 2034, all of America’s baby boomers will be over the age of 70, many living with complex health care needs and multiple chronic conditions. A well-trained direct-care workforce will be critical to keeping those baby boomers safely in their homes as they age. Without one, experts predict, public and private insurers will struggle in Read More

  • Amedisys, LHC Group Shares Hit October Slowdown

    Nov 08 2018

    While home health stocks rode M&A momentum and other tailwinds to an overall strong performance throughout much of 2018, the sustained boom period slowed down in September. Amid a broader market dip, that slowdown turned into an abrupt stop last month. Home health stocks fell more than 11% in October compared to their September standings, Read More

  • With Medicare Advantage in Mind, Newly Merged Home Care Company Seeks National Growth

    Nov 08 2018

    Two of Washington state’s largest independent home care agencies are merging. The move, according to agency leadership, serves as the first step in a broader strategic plan to become a regional powerhouse capable of catching the attention of Medicare Advantage plans. Announced Thursday, the merger is between Seattle-based Family Resource Home Care and Spokane-based Family Read More

  • Humana Gains Medicare Advantage Momentum, Touts Kindred at Home Impacts

    Nov 07 2018

    Health insurance giant Humana Inc. (NYSE: HUM) on Wednesday highlighted the value of its home health care services businesses, its strong Medicare Advantage (MA) performance and better-than-expected third-quarter financial results. Humana’s GAAP consolidated revenues for the third quarter of 2018 were $14.21 billion, an increase of $924 million, or 7%, from the previous year’s quarter. Read More

  • Voters Say No to Universal Home Care Initiative

    Nov 07 2018

    Maine voters have overwhelmingly shot down a state-level proposal to create a universal home care program. The proposal — Question 1 — would have provided free, home-based care to adults over the age of 65 and individuals with disabilities. To do so, the universal home care program would have taxed high-income households, though critics of Read More

  • 4 Charged in $87M Home Health Care Scheme

    Nov 07 2018

    Federal investigators had a busy month of October shining a light on major fraud schemes throughout the home health industry — and November appears to be more of the same. A federal jury on Friday found a patient recruiter guilty for her role in a scheme involving roughly $1.1 million in fraudulent Medicare claims for Read More

  • As Home Health Lags, Hospice a Bright Spot for Brookdale

    Nov 06 2018

    The growth of its hospice segment during the third quarter of 2018 was a bright spot for Brookdale Senior Living (NYSE: BKD), the largest owner and operator of senior living communities throughout the United States. The same can’t be said for the Brentwood, Tennessee-based company’s home health business, which continues to lag behind expectations. Brookdale Read More

  • Addus Makes Medicare Advantage Headway, to Acquire VIP Health Care Services

    Nov 06 2018

    Addus HomeCare Corporation (Nasdaq: ADUS) has signed a definitive agreement to acquire a New York-based home care provider and is positioning itself to fully capitalize on “exciting” new Medicare Advantage (MA) opportunities over the next several years. Addus President and CEO Dirk Allison discussed his company’s latest acquisition, its MA plans and third-quarter financial results Read More

  • Full Care Spectrum Will One Day Be Provided In People’s Homes

    Nov 05 2018

    The full continuum of care will likely be provided in people’s homes in the not-so-distant future. That includes everything from informal and formal personal care services to skilled home health and home-based primary care, experts say. It even includes emerging hospital-at-home models, though the lack of an existing supply chain may present a serious hurdle. “Home-based Read More

  • Brightree Owner ResMed to Acquire MatrixCare for $750 Million

    Nov 05 2018

    Health care technology company ResMed (NYSE: RMD, ASX: RMD) has signed a definitive agreement to acquire MatrixCare for $750 million. The purchase price represents a valuation multiple of 25 times the expected calendar year 2018 pro forma EBITDA of $30 million for MatrixCare. The move allows ResMed to expand across the continuum of care, strategically Read More

  • Private Equity Backs Post-Acute Platform, Celtic Hospice & Home Health Rebrands

    Nov 05 2018

    Pharos Capital Makes Majority Investment in Charter Health Care Group Private equity firm Pharos Capital Group has made a majority investment in Charter Health Care Group, a California-based provider of post-acute care services, including hospice and home health care. The transaction serves as the launching pad for Pharos’ post-acute care platform moving forward. Terms of Read More

  • CVS Health Launches Effort to Make MinuteClinics More Senior Friendly

    Nov 04 2018

    Retail pharmacy chain CVS Health (NYSE: CVS) wants to provide care that is specifically tailored to older adults in its MinuteClinic locations. To do so, CVS Health is partnering with one of the top-ranked research universities in the United States and plans to draw on care principles developed through the Age-Friendly Health Systems initiative. CVS Read More

  • CMS Delays Revising Hospital Discharge Planning Requirements

    Nov 04 2018

    Hospitals and home health agencies that wanted policymakers to clear up the dos and don’ts of discharge planning are likely facing a longer wait. The Centers for Medicare & Medicaid Services (CMS) opted Friday to extend its timeline for revising hospital discharge planning requirements until at least November 2019. As currently set up, hospital discharge Read More

  • CMS Stands by Behavioral Adjustment Aspect of PDGM

    Nov 01 2018

    The U.S. Centers for Medicare & Medicaid Services (CMS) released final language Wednesday for its Patient-Driven Groupings Model (PDGM), the sprawling home health payment overhaul that policy experts see as the biggest industry change in decades. Likely to the disappointment of many home health agencies, CMS stood by PDGM’s widely opposed behavioral adjustment aspect. If Read More

  • LHC Group CEO: Organic Growth Strong, PDGM to Spur Acquisition Opportunities

    Nov 01 2018

    Home health, hospice and personal care giant LHC Group, Inc. (Nasdaq: LHCG) missed its expected revenue mark in an otherwise strong third quarter of 2018. Despite the miss, analysts are encouraged by the Lafayette, Louisiana-based company’s organic growth outlook and its ability to withstand the looming overhaul to the home health payment system. LHC Group Read More

  • Hospital, Home-Based Admissions Rise for Vitas Healthcare

    Oct 31 2018

    Hospital and home-based admissions for Vitas Healthcare — the hospice business of Chemed Corporation (NYSE: CHE) — increased during the third quarter of 2018, while nursing home and assisted-living facility admissions declined. Gains in hospital and home-based admissions largely overshadowed losses from the two other care settings, however, leading to sturdy Q3 financial results for Read More

  • [Updated] CMS Finalizes PDGM and $420 Million Increase for 2019 Medicare Payments

    Oct 31 2018

    Despite industry concerns, the Centers for Medicare & Medicaid Services (CMS) has finalized the Patient-Driven Groupings Model (PDGM) planned to start in 2020. The agency has also finalized several other changes to how home health providers are reimbursed for their services starting in 2019, tweaking remote patient monitoring rules and refining the Value-Based Purchasing Model Read More

  • Hurricanes Inflict Pain on Encompass Health in Midst of Steady Growth

    Oct 30 2018

    Encompass Health Corp. (NYSE: EHC), the nationwide post-acute care provider formerly known as HealthSouth Corp., posted another round of solid financial results this week for both of its major business segments. Encompass Health’s upcoming quarter may not be so steady, however, largely because of ongoing recovery efforts tied to Hurricanes Florence and Michael. Fallout from Read More

  • Amedisys CEO: Coming Payment Rule Won’t Be ‘Game Over’ in PDGM Battle

    Oct 30 2018

    Bolstered by healthy growth across all three of its business lines, Amedisys, Inc. (Nasdaq: AMED) achieved strong financial results in the third quarter of 2018. The Baton Rouge, Louisiana-based home health, hospice and personal care company expects that momentum to continue, even as it faces regulatory headwinds coming from the potential new payment overhaul known Read More

  • Proposed Medicare Changes Threaten Home Health in Rural Markets

    Oct 29 2018

    Throughout the past several years, home health providers operating in rural areas have received on-and-off payment bumps to help them overcome the inherent obstacles of operating in remote and sparsely populated areas. While relatively small, those payment bumps, officially known as rural add-on payments, have played an important, cost-effective role in allowing America’s non-city-dwelling-seniors age Read More

  • Home Health and Hospice M&A Activity Holding Steady

    Oct 29 2018

    With more than 20 deals total, home health and hospice merger-and-acquisition activity held steady in the third quarter of 2018. This quarter’s M&A action marks the third-consecutive quarter with more than 20 acquisitions, according to newly released data from Norwalk, Connecticut-based market intelligence firm Irving Levin & Associates. So far, 2018 has seen a “much Read More

  • NYU-Affiliated Aliviado Lands $6.1M for Hospice Dementia Care

    Oct 29 2018

    Aliviado Health, an initiative run out of the Hartford Institute for Geriatric Nursing at New York University’s Rory Meyers College of Nursing, has landed $6.1 million to study how hospice patients can benefit from effective dementia care. Announced Monday, the funding news is yet another example of both the demand for hospice and specialized dementia Read More

  • Why Population Health Holds the ‘Magic Formula’ to VNSNY’s Future

    Oct 28 2018

    The Visiting Nurse Service of New York (VNSNY) filled an important leadership position at the beginning of October. That’s when the large nonprofit provider named former NewYork-Presbyterian Hospital exec Andria Castellanos its new executive vice president and chief of provider services. Castellanos is replacing Marki Flannery, who stepped into the VNSNY CEO and president roles Read More

  • Movers & Shakers: BrightStar Adds to Leadership Team, Hope Hospice Hires New CEO

    Oct 25 2018

    BrightStar Care Adds to Leadership Team In-home care franchise company BrightStar Care has made an addition to its senior leadership team, tapping Pete First to serve as its new vice president of franchise development. Headquartered in Chicago, BrightStar is a national private-duty home care and medical staffing franchise with more than 300 locations. The franchise Read More

  • Home Health Providers Shift to Mobile Tech, ‘Upskilling’ Tools for Staffing Success

    Oct 25 2018

    Home health aides are more apt to apply for open positions using a smartphone instead of browser-based resources, such as Monster or Indeed, that many agencies typically use for recruiting. Similarly, aides are more likely to stay at a home health agency when that agency invests in technology-based solutions focused on “upskilling.” Washington, D.C.-based venture Read More

  • CMS Makes Latest Update to Home Health Compare

    Oct 25 2018

    The latest update to Home Health Compare is in — with nearly all measures seeing improvement. The Centers for Medicare & Medicaid Services (CMS) officially updated its Home Health Compare results Wednesday. Home Health Compare is an online tool where consumers can look up quality of care and other information about home health providers. CMS typically Read More

  • Nova Leap Purchases Home Health Business, Molina Healthcare Sells Pathways

    Oct 24 2018

    Nova Leap Completes New Hampshire Home Health Care Acquisition Nova Leap Health Corp. (TSXV: NLH), an international provider of personal home care and support services, has completed its acquisition of the business assets of New Hampshire-based Living at Home SeniorCare. Nova Leap is a Canadian company based in Halifax, Nova Scotia. The execution of the definitive Read More

  • Home Instead Steps Up Advertising Game With ‘The Third Stair’

    Oct 24 2018

    A middle-aged man and woman sit down at a circular table, their arms stretched outward toward an older gentleman with silver hair, wearing a sweater vest, sitting across from them. “Dad, we need to talk about something important,” the middle-aged man says. The important — yet difficult — conversation about to unfold is about long-term Read More

  • Top Home Care Franchises Based on Sales

    Oct 23 2018

    Led by Home Instead Senior Care, Interim HealthCare and Visiting Angels, more than a dozen home care agencies earned spots in Franchise Times’ latest Top 200+ ranking. The Franchise Times Top 200+ ranking, published every October, highlights hundreds of the largest U.S. franchises based on sales growth. Headquartered in Minneapolis, Franchise Times is a national Read More

  • Homecare Homebase, Excel Health to Help Providers Forge Referral Partner Ties

    Oct 23 2018

    Two popular resources for some of the biggest home health and hospice providers in the industry are joining forces to share their respective strengths. Dallas-based Homecare Homebase (HCHB) and Atlanta-based Excel Health announced Tuesday that they’re teaming up through a new strategic alliance meant to “revolutionize” business development for HCHB’s customers. By working together, the Read More

  • Nearly Half of Hospice Providers Uncertain They Would Survive an Audit

    Oct 23 2018

    As demand for end-of-life services has grown, governmental watchdogs sniffing out fraud, waste and abuse have turned their attention to U.S. hospice providers of all shapes and sizes. But the industry may not be ready to face that heightened scrutiny. Optima Healthcare Solutions — an Alpharetta, Georgia-based company that provides cloud-based billing, clinical and operational software Read More

  • Top 10 Reasons Caregivers Leave Home Care Agencies

    Oct 22 2018

    Poor communication, challenging work hours and a lack of recognition are among the top reasons caregivers leave their home care agencies, according to the latest insights from research firm Home Care Pulse. Other prominent reasons include difficult commutes, lackluster training and disappointing compensation. Undoubtedly, there are several explanations and triggers that cause caregivers to quit Read More

  • Tech Roundup: Google Assistant Investment Program Backs Aiva Health, Companionship Startup Launches

    Oct 22 2018

    Google Assistant Investment Program Invests in Aiva Health Aiva Health, a Los Angeles-based startup looking to provide a hands-free operating system for health care organizations, has secured investment from the Google Assistant Investment Program. The investment amount was not disclosed. Founded in 2016, Aiva Health uses Google Home, Amazon Echo and other “smart speakers” to Read More

  • Home Health Agency Owners Sentenced to Prison, Ordered to Pay $14.1M for Fraud

    Oct 21 2018

    It’s been a busy month so far for home health care and hospice fraud. On Thursday, the U.S. Department of Justice announced that two Detroit-area home health agency owners were sentenced to a combined 16 years of prison for their roles in a multimillion dollar scheme to defraud Medicare by billing for home health services Read More

  • Home Health Stocks Show Signs of Cooling Off

    Oct 21 2018

    Fueled by savvy moves from the United States’ two top independent and publicly traded home-based health care providers, home health stocks had seen strong month-after-month growth in 2018. Those hot growth levels now appear to be cooling off. Home health stocks were up just 0.74% in September compared to the previous month, according to the Read More

  • How LHC Group Swayed Its New Chief Strategy and Innovation Officer Away from HHS

    Oct 21 2018

    LHC Group, Inc. (Nasdaq: LHCG) one of the two largest publicly traded and independent home health companies in the country, announced in May that U.S. Department of Health and Human Services (HHS) Chief Technology Officer Bruce Greenstein would be leaving his post to join LHC Group’s executive office. Greenstein officially joined LHC Group in June, quickly Read More

  • M&A and Financing Newsflash: PE Firm Invests in Arosa+LivHOME, MBF Healthcare Partners to Acquire Stake in Affinity

    Oct 18 2018

    MBF Healthcare Partners Makes Play for Affinity Hospice Coral Gables, Florida-based MBF Healthcare Partners, a middle-market health care private equity fund, has executed a definitive agreement to acquire a majority interest in Affinity Hospice. Financial terms were not disclosed. Affinity Hospice provides end-of-life services throughout Alabama and Georgia. The hospice provider is based in Birmingham, Read More

  • CareLinx Partners with Lacuna Health, Connects Caregivers to Insurance Options

    Oct 18 2018

    National online home care service platform CareLinx and care management powerhouse Lacuna Health are teaming up in a new model that their top executives see as a boon for both businesses. CareLinx, which AARP recently named as a preferred provider for in-home care, connects seniors across the U.S. to its network of technology-enabled and thoroughly Read More

  • FirstLight CEO: New Brain Health Program Reflects ‘Home Care of the Future’

    Oct 18 2018

    FirstLight Home Care, a provider of non-medical home care with a recent history of innovative care initiatives, has added yet another specialized program to its business mix. Its newest offering, Ageless Grace, is designed to foster neuroplasticity and overall brain health. The Cincinnati-based home care franchisor announced the new program earlier this month. Brain fitness Read More

  • Best Buy’s GreatCall Teams Up with Insurer to Provide Remote Patient Monitoring

    Oct 17 2018

    GreatCall, a wholly-owned subsidiary of Best Buy (NYSE: BBY) that makes technology for seniors hoping to age in place, has signed a five-year deal with a Massachusetts health insurer to provide in-home, passive monitoring devices to its high-risk members. As part of the newly announced deal, San Diego-based GreatCall will bring its Lively Home monitoring Read More

  • ‘Payvidor’ Devoted Health Raises $300M, Touts Value of Home-Based Care

    Oct 17 2018

    Devoted Health, a health care startup trying to carve out a dual role as Medicare Advantage (MA) plan and home-based provider, launched earlier this week with a bang. The Waltham, Massachusetts-based company officially launched Tuesday by enrolling eligible MA members across eight counties in south and central Florida. In addition to launching, Devoted Health also Read More

  • Secrets for Striking Successful Relationships Between Hospice Providers, SNFs

    Oct 16 2018

    For hospice providers, a skilled nursing facility (SNF) can be a reservoir of possible patients and a potential boost to business. Managing those working relationships, though, can often be complicated, messy and filled with challenges. Hospice legal experts, association officials and executives discussed the secrets to maintaining successful relationships between SNFs and hospices during an Read More

  • Worker Shortages, Dementia Prevalence Driving Rising Cost for In-Home Care

    Oct 16 2018

    A shortage of skilled workers, higher minimum wages, confusing regulations and a greater incidence of Alzheimer’s disease and dementia are all causing the cost of in-home care to rise, though not as fast as those in other long-term care sectors. Between 2017 and 2018, the annual median cost for a home health aide increased 2.33% Read More

  • Improving Patient Prioritization During Care Transitions Could Halve Re-Hospitalization Rates

    Oct 16 2018

    Being able to better prioritize patients based on their medical needs and health status upon their hospital discharge can improve home care timing, halve readmission rates and offset staffing challenges. Those are the main takeaways from a study published last month in the journal Research in Nursing & Health. “The idea is that if you Read More

  • HHS: Medicare Advantage Plans Improperly Denying Claims

    Oct 15 2018

    Roughly one-third of Medicare beneficiaries are currently signed up for Medicare Advantage (MA) plans, the private-insurance alternative to the traditional Medicare program. That figure is growing rapidly, too, especially as more Americans become aware of the non-medical, at-home care services available through MA plans as supplemental benefits starting in 2019. While popular, the MA program Read More

  • ‘Grandkids On-Demand’ Startup Raises $2.4M, Building MA Partnerships

    Oct 15 2018

    Care providers are closely watching the Medicare Advantage (MA) market to see how insurers carve in home care services under the expanded supplemental benefits that are coming in 2019. Traditional providers aren’t the only groups paying attention, though, as companies operating on the fringes of home-based care are also eyeing MA opportunities. The latest: Papa, Read More

  • [Updated] Inside Amedisys’ Industry-Shaping Play for Compassionate Care Hospice

    Oct 14 2018

    Any anxieties investors had over external growth activity for Amedisys, Inc. (Nasdaq: AMED) were likely alleviated last week when the Baton Rouge, Louisiana-based home health giant announced its $340 million agreement to acquire Compassionate Care Hospice. Indeed, after acquiring the Parsipanny, New Jersey-based company, Amedisys is expected to become the hospice industry’s third-largest provider, operating Read More

  • Home Health Industry Can’t Fight CMS’ New Pre-Claim Review Initiative

    Oct 14 2018

    To combat improper billing, the Centers for Medicare & Medicaid Services (CMS) in 2016 rolled out the controversial pre-claim review demonstration in Illinois, an initiative that required home health providers to send in their claims earlier in the care process. With the help of Congress, however, stakeholders were able to seemingly stop pre-claim review dead in its tracks. Read More

  • Rumors Swirl Around Possible BrightSpring, Civitas Sales

    Oct 11 2018

    Persistent rumors are swirling around a potential sale of home care services provider BrightSpring Health, formerly known as ResCare, by private equity ownership group Onex Corp. Civitas Solutions Inc. (NYSE: CIVI), another large home- and community-based service provider to individuals with disabilities, has now become subject to sale speculation as well. Louisville, Kentucky-based BrightSpring and Read More

  • Starbucks Offers Subsidized Senior Care, Membership to Workers

    Oct 11 2018

    Starbucks (Nasdaq: SBUX), the multibillion-dollar coffee company with more than 14,000 locations across the United States, has added a few big senior care services to its employee benefits package. Moving forward, Seattle-based Starbucks will heavily subsidize up to 10 backup care days each year to help workers juggle their jobs and caregiving responsibilities, the company Read More

  • Amedisys Buys Compassionate Care for $340M, Will Become Third-Largest US Hospice Provider

    Oct 10 2018

    Amedisys Inc. (Nasdaq: AMED) is executing an industry-shaping deal with one of the country’s largest hospice providers, adding further fuel to a white-hot M&A market. Home health, hospice and personal care powerhouse Amedisys announced Wednesday that is has signed a definitive agreement to acquire Parsippany, New Jersey-based Compassionate Care Hospice for a fixed price of Read More

  • Online Home Care Network CareLinx Lands ‘Massive’ AARP Partnership

    Oct 09 2018

    CareLinx has landed a new AARP partnership with “massive” business upside, according to Sherwin Sheik, the online home care network’s CEO. Founded in 2011, San Francisco-based CareLinx connects individuals across the country in need of home care services to its pool of more than 300,000 vetted, licensed and technology-enabled caregivers. The company — purchased in Read More

  • Home Health Providers Can Still Break into Markets with Narrow Networks

    Oct 07 2018

    Breaking into a hospital or health system’s narrow network of preferred providers can sometimes feel like an impossible task for small- to mid-sized home health agencies. But home health sales teams shouldn’t stop trying to make inroads altogether, as plenty of opportunities still exist even in the most restricted networks. Industry executives discussed success strategies Read More

  • CMS Proposes Pre-Claim Start Date, EVV Implementation Survey

    Oct 07 2018

    The Patient-Driven Groupings Model (PDGM) has dominated the home health industry’s regulatory conversations of late, which is understandable, as it’s likely the biggest policy shift from the Centers for Medicare & Medicaid Services (CMS) in the past few decades. There are several other regulatory items flying under the radar, however, including the potential reincarnation of Read More

  • 3 Ways Home Care Providers Can Win Health Plan Attention

    Oct 04 2018

    Health plans big and small have recognized the value home-based care providers bring to the table in terms of avoiding costly hospital readmissions and supporting America’s seniors as they age in place. But forging initial relationships with insurers — especially top Medicare Advantage (MA) players, such as UnitedHealthcare (NYSE: UNH), Humana Inc. (NYSE: HUM) and Read More

  • Amazon’s $15 Minimum Wage Turns Up the Heat on Home Care Providers

    Oct 03 2018

    Online retail giant Amazon (Nasdaq: AMZN) has turned up the heat on U.S. home care agencies in the battle to attract and retain workers. Amazon has pledged to increase its minimum wage to $15 for all full-time, part-time, temporary and seasonal employees, regardless of where they work or what their position is, starting next month. Read More

  • Landmark, Blue Shield of CA Expand Home Care Program

    Oct 02 2018

    Landmark Health and Blue Shield of California are expanding a tag-team home care program launched earlier this year for patients with complex health issues and multiple chronic conditions. Blue Shield of California and subsidiary Care1st Health Plan have been collaborating since April with Landmark Health, an in-home medical company with private equity backing, as part Read More

  • Anthem Adds Home Care Benefits Under Relaxed Medicare Advantage Rule

    Oct 01 2018

    Home care providers have been wondering how insurers will capitalize on the allowance of non-skilled in-home care services under the Medicare Advantage (MA) program since policymakers initially opened that door in early spring. They’re now starting to get some clarity, thanks to Anthem, Inc. (NYSE: ANTM), one of the top players in the MA market. Read More

  • As Insurers Unveil Expanded MA Offerings, CMS Touts Program’s Success

    Oct 01 2018

    Hundreds of Medicare Advantage plans (MA) are expected to make use of newfound leeway given to them on supplemental benefits by federal policymakers earlier this year. That added elbow room includes potential opportunities for home care providers as well. The Centers for Medicare & Medicaid Services (CMS) touted the growth and evolution of the MA Read More

  • Legislation Targeting Home Health Reforms Gaining Ground on Capitol Hill

    Sep 30 2018

    Industry-backed legislative efforts to take the teeth out of proposed home health payment reform are gaining ground on Capitol Hill. On Thursday, Rep. Ralph Abraham (R-La.) introduced H.R. 6932, a new bill that amends several provisions of the Bipartisan Budget Act of 2018 to thwart widely opposed behavioral adjustment aspects of the Patient-Driven Groupings Model Read More

  • Humana, Amedisys, Homewatch CareGivers Strategize for New Home Health Paradigm

    Sep 30 2018

    Home health agencies have traditionally staked their claims within the continuum of care as post-acute service providers, serving patients who are discharged from hospitals, often after experiencing traumatic medical events. Advances in predictive modeling, data analytics and overall care delivery — coupled with a chronically ill patient population — are now prompting the home health Read More

  • Care Indeed, Great Lakes Caring Among ‘Best Workplaces’ in Aging Services Sector

    Sep 27 2018

    Fortune’s first-ever list of the top 50 workplaces in the aging services sector officially dropped on Thursday, giving several home-based care providers a chance to shine and flaunt their company culture. Care Indeed, Cherished Companions Home Care and 24Hr HomeCare are among the non-medical home care companies to make 2018’s top workplaces list, compiled by Read More

  • M&A and Financing Newsflash: Regent Completes Loving Touch Deal, Sonas Acquires Advanced Nursing Solutions

    Sep 26 2018

    Regent Acquires Loving Touch Home Care Regent Healthcare — one of the largest, non-franchised home care agencies in central Maryland — has completed its acquisition of Loving Touch Home Care. Financial terms of the deal were not disclosed. Odenton, Maryland-based Regent Healthcare is a Joint Commission-accredited home care agency that provides in-home companionship, personal care Read More

  • Home Health, Hospice Admissions Rise as Americans Age into Medicare at Historic Pace

    Sep 26 2018

    Americans are aging into the Medicare system faster than ever, contributing to the continued rise of home health and hospice admissions in 2018. Increased admissions come despite the fact hospitals are still discharging more of their patients to skilled nursing facilities (SNFs) or home without any post-acute care services. That’s according to Excel Health’s latest Read More

  • Cypress HomeCare Achieves High Margins, Quality Outcomes with Dementia Program

    Sep 25 2018

    The number of people living in the U.S. with Alzheimer’s disease or dementia is expected to double over the next four decades, new research from the Centers for Disease Control and Prevention (CDC) has found. To prepare for that rising wave, many home care agencies have started investing in specialized business lines entirely devoted to Read More

  • Home Health, Hospice Experiencing Unprecedented M&A Action

    Sep 24 2018

    Thanks to heightened interest from private equity buyers and companies’ efforts to diversify business operations, 2018 has seen an acceleration in the number and size of home health, hospice and personal care transactions. The hot market should continue going forward, although the new home health payment model and sky-high valuations raise some questions about what Read More

  • Tech Beat: PointClickCare Partners with Bridge Connector, Bowes In Home Care Joins enTouch Network

    Sep 24 2018

    PointClickCare Enters into Strategic Partnership, Opens New Office Location PointClickCare Technologies and Bridge Connector have formed a strategic partnership aimed at strengthening the transferring of patient data across different systems. Mississauga, Ontario-based PointClickCare is a cloud-based software vendor for the long-term and post-acute care sectors. As a company, PointClickCare’s solutions help providers optimize financial performance, Read More

  • Movers & Shakers: LHC Group’s New Strategy Exec, Compassus Adds Chief Growth Officer

    Sep 23 2018

    LHC Group Promotes Bruce Greenstein to Chief Strategy Officer Just a few months after announcing his hire, LHC Group (Nasdaq: LHCG) has promoted Bruce Greenstein to executive vice president and chief strategy and innovation officer. Greenstein — who previously served as chief technology officer for the U.S. Department of Health and Human Services — first Read More

  • Amedisys CEO: New Senate Bill Aims to Take the Teeth Out of PDGM

    Sep 20 2018

    The home health industry — with the help of at least two members of Congress — has fired a salvo against the proposed Patient-Driven Groupings Model (PDGM) through a new federal bill introduced earlier this week. The legislation takes aim at the aspect of PDGM known as behavioral adjustments, which have been fervently opposed by Read More

  • Home Health Investors Undaunted, Stocks Continue Upward March

    Sep 20 2018

    Not much has shaken home health stocks so far in 2018 — not even the proposed Patient-Driven Groupings Model (PDGM) or the potential introduction of an updated pre-claim review initiative. Home health stocks appear to be continuing their upward march, according to the most recent update to Stoneridge Partners’ Home Health Index (HHI), updated monthly. Read More

  • Fitbit, Humana Tackling Chronic Conditions with New Platform

    Sep 19 2018

    Wearable-technology company Fitbit (NYSE: FIT) and insurance giant Humana Inc. (NYSE: HUM) are turning their partnership up a notch to better prevent and manage chronic conditions. San Francisco-based Fitbit announced Wednesday that Louisville, Kentucky-based Humana has chosen the tech company’s new Fitbit Care platform as a preferred health coaching solution for more than 5 million Read More

  • Aliviado Teams with Home Health Providers to Slash Dementia-Related Readmissions

    Sep 18 2018

    Roughly one out of every three patients receiving home health care services has some form of dementia. The numbers are similar, though slightly smaller, for hospice. Despite this prevalence, many home-based caregivers lack the training and educational expertise to provide care that’s truly effective. Aliviado Health, a new initiative run out of the Hartford Institute Read More

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