With Seniors in Mind, Humana to Open Boston-Based Digital Health Center

Insurance powerhouse and rising home health player Humana Inc. (NYSE: HUM) is planning to open a new center for digital health and analytics in Boston’s Seaport neighborhood. The health care company plans to complete the 40,000-square-foot center, known as Humana Studio H, in the summer of 2019. Employing a projected 250 people within the next […]

M&A and Financing Newsflash: Bristol Hospice Expands, Capital One Keeps Top Spot

Bristol Hospital Buys Suncrest’s Colorado Operations  Bristol Hospice has acquired the Colorado operations of Suncrest Hospice LLC, one of the largest for-profit hospice providers in Colorado. Financial terms of the acquisition were not disclosed. Salt Lake City-based Bristol Hospice, a portfolio company of private equity firm Webster Capital, operates and manages hospice programs in eight […]

CMS Reports Widespread Quality Improvement in Latest Hospice Compare Update

The Centers for Medicare & Medicaid Services (CMS) updated data on its Hospice Compare website earlier this month—and all quality measures showed overall improvement. Launched in August 2017, the Hospice Compare tool reports information on hospices across the nation and is designed to give patients, family members and health care providers a snapshot of the […]

Other Providers Can Now Tap Kindred’s ‘Lacuna Health’ Care Management Capabilities

A subsidiary of Kindred Healthcare is expanding to help home health providers, skilled nursing facilities and other post-acute care providers deliver on promises of patient-centered care. The subsidiary—Lacuna Health—publicly announced its name and mission on Thursday. Officially formed in January of this year, Lacuna Health is wholly-owned by Louisville, Kentucky-based Kindred Healthcare, standing as a separate […]

Home Health Aides Feel Like ‘Replaceable Parts,’ Lack Agency Emotional Support

Efforts to recruit and retain home health workers typically focus on improving their economic and physical well-being, such as through wage increases, safety training or medical benefits. Although these retention strategies are important, they fail to address the “emotional labor” toll on workers, which regularly leads to burnout and a negative impact on a provider’s […]

M&A and Financing Newsflash: Addus Nets $59M After Public Offering, Care Advantage Acquires Two Home Care Providers

Addus Closes Public Offering of Common Stock Frisco, Texas-based Addus HomeCare Corporation (Nasdaq: ADUS) has closed an underwritten public offering of 2,100,000 shares of its common stock at a public offering price of $59.00 per share. Addus is a provider of home care, home health and hospices services operating in 157 locations across 25 states. […]

Amedisys, LHC Group, Addus Shares Rise Despite PDGM Concerns

The Centers for Medicare & Medicaid Services (CMS) last month proposed an overhaul to the current prospective payment system for the home health industry with a sweeping new model that experts say would drastically increase billing efforts and force a move away from therapy services. So far, the potential negatives of the Patient-Driven Groupings Model […]

LHC Group, FirstLight, Lifesprk Craft Strategies to Combat Senior Isolation

Most experts in the aging services field agree that senior isolation is a major problem in the United States. The solution is largely up for debate, but home care companies of all shapes and sizes have a business- and mission-driven mandate to combat the problem. Socially-isolated older adults are individuals who rarely leave their home or […]