Movers & Shakers: Senior Helpers Appoints New Top Marketing Officer

Senior Helpers Bolsters Leadership Team with Chief Marketing Office Hire Baltimore-based in-home care provider Senior Helpers has hired Chuck Sullivan to fill its chief marketing officer position. Senior Helpers is a provider of in-home senior services ranging from specialized care for individuals with dementia, Alzheimer’s disease and Parkinson’s, to personal and companion care to help […]

Amedisys Stock Buyback Highlights Record Prices in Home Health M&A

Amedisys, Inc. (Nasdaq: AMED) doubled down on its own home health, hospice and personal care business Monday, deploying nearly all of its cash on hand to buy back $178 million worth of stock from global investment firm KKR (NYSE: KKR). The transaction signals leadership’s continued confidence in the Baton Rouge, Louisiana-based company’s growth prospects, but […]

Addus CEO on Why Chick-fil-A Matters to In-Home Care Providers

Hiring caregivers remains the No. 1 challenge for in-home care providers, industry executives say. It’s only getting tougher, too, as low-skilled workers outside the industry are being offered progressively higher wages—particularly within retail and fast food. Retail giant Target in March announced it was raising its minimum starting pay for workers for the second time in less […]

FirstLight Eyes Risks, Rewards of Operating in Hawaii

Hawaii may be a vacationer’s paradise, but it’s also, perhaps, one of the toughest states for home care franchises to take off. An unemployment rate well below the national average makes finding caregivers even more difficult than on the mainland United States, while the Aloha State’s often rural and mountainous landscape can also make it laborious just to visit […]

CMS: Pre-Claim Could Cost Home Health Industry $40 Million Annually

The Centers for Medicare & Medicaid Services (CMS) has—once again—identified Illinois as ground zero for its newly proposed trial run of the pre-claim review demonstration (PCRD) for home health. Other key details of the resurrected model are also starting to emerge, including the proposal’s potential $40 million annual price tag for home health agencies. Under CMS’ […]

M&A and Financing Newsflash: Heal Raises $20 Million

Heal Lands $20 Million in Venture Funding Los Angeles-based Heal has raised $20 million in venture funding, bringing the med-tech startup’s total capital raised to more than $69 million. Heal and its digital platforms assist patients in booking physician house calls, often for urgent care and routine illness visits. Heal has helped deliver more than 60,000 house calls […]

Amada Tackles Home Care for Athletes with NFL Alumni Partnership

Amada Senior Care—led by a former Chicago Bears football player—has converted on a deal to become sponsor and exclusive in-home care provider for NFL Alumni, an association of about 5,000 former National Football League players, coaches, staffers, cheerleaders and family members. For San Clemente, California-based Amada, the recently announced deal is an opportunity to further legitimize […]

Home Health Ready to Fight Pre-Claim Review’s Dreaded Return

Stakeholders throughout the home health industry are gearing up for another battle over Pre-Claim Review Demonstration (PCRD), a controversial Centers for Medicare & Medicaid Services (CMS) initiative aimed at reducing fraud and improper billing. PCRD asks providers to send in claims earlier in the care process to ensure they are meeting requirements. In August 2016, CMS rolled out […]

Home Health Providers Excel at Keeping Patients Active

When it comes to the performance of the health care system overall, the United States is a mixed bag, but there’s some good news on the home health front. Some states—Hawaii, Massachusetts, Minnesota, Vermont and Utah, in particular—are excelling at providing quality, affordable health care to their residents, a new report has found. Others—Louisiana, Oklahoma […]

Addus, LHC Group Rev Up 2018 M&A Wins

Top executives for Addus HomeCare Corporation (Nasdaq: ADUS) and LHC Group, Inc. (Nasdaq: LHCG) touted their recent M&A wins last week—while hinting there’s likely more to come. Addus CEO Dirk Allison and LHC Group CEO Keith Myers discussed the home health industry’s bustling M&A landscape and provided overall updates on their respective companies during the […]