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

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, […]

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

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 […]

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

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. […]

Rumors Swirl Around Possible BrightSpring, Civitas Sales

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 […]

Starbucks Offers Subsidized Senior Care, Care.com Membership to Workers

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 […]

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

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 […]

Online Home Care Network CareLinx Lands ‘Massive’ AARP Partnership

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 […]

Home Health Providers Can Still Break into Markets with Narrow Networks

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 […]

CMS Proposes Pre-Claim Start Date, EVV Implementation Survey

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 […]

3 Ways Home Care Providers Can Win Health Plan Attention

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 […]