An ongoing financial crisis related to phone troubles has put a Texas home health agency “on life support,” according to a local news report. The story further reveals how even a seemingly small disruption to cash flow can put home health providers with tight operating margins underwater. Opened more than two decades ago, Beaumont, Texas-based […]
So far, aging in place has mostly taken a backseat during 2019’s Democratic presidential debates and conversations surrounding Medicare-for-All models. That may be changing — and fast. On Thursday afternoon, presidential hopeful Bernie Sanders sent a message to his more than 8.5 million followers on Twitter: “No senior should have to sell their belongings or […]
Telemedicine has the potential to more regularly and affordably connect older adults to their doctors, but several barriers still exist preventing its widespread adoption. Perhaps the biggest: seniors’ own embrace of technology. Home care agencies can help turn that tide — and Senior Helpers is showing the industry how. The Baltimore-based in-home care franchise powerhouse […]
Access to transportation remains a challenge for many older Americans, whether that means getting to an important medical appointment, going grocery shopping or meeting a few friends for coffee. It’s a point several home care providers are actively tackling through ride-hailing partnerships, especially as potential hospital and health system referral sources prioritize social determinants of […]
With roughly 17,000 agencies, the home care industry remains highly fragmented. But that’s starting to change — and a major consolidation wave appears to be cruising toward shore. For context: There were at least 47 total home care transactions in 2018, according to proprietary data from M&A advisory firm Mertz Taggart. There were six in […]
In July, Home Health Care News heard from five home health providers — big and small — for a check-in on industry progress preparing for the Patient-Driven Groupings Model (PDGM). Now it’s time for the consultants and other industry leaders to weigh in as well. With less than five full months before PDGM is set […]
Older adults living with dementia at home tend to be sicker and more socially complex than their counterparts in senior housing communities and nursing homes, a new study has found. That means home care providers that have branded themselves as specialized dementia experts likely have their work cut out for them. In the United States, […]
Home health providers are under more pressure today than arguably ever before. The immediate battle remains the Patient-Driven Groupings Model (PDGM), which could pose an 8.01% cut to providers if its assumption-based behavior adjustments aren’t addressed through Congressional action. But there are plenty of smaller skirmishes taking place in the background as well, according to […]
The Centers for Medicare & Medicaid Services (CMS) made waves in January when it unveiled plans to test a hospice carve-in under Medicare Advantage (MA), a step long viewed as “inevitable.” Specifically, CMS officials said they would test the feasibility of a hospice carve-in starting in 2021 through the MA Value-Based Insurance Design (VBID) model. […]
LHC Group finalizes agreements Lafayette, Louisiana-based LHC Group Inc. (Nasdaq: LHCG) has finalized a joint venture expansion agreement in Missouri while striking a new JV partnership in Alabama at the same time. LHC Group — one of the largest home health companies in the United States — has also purchased the assets of two home- […]
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