California to Pay for Healthy Food Delivery for Ill Residents

To keep their chronically ill residents at home and out of hospitals or nursing homes, states are beginning to look at food-as-medicine models that deliver healthy, nutritious meals under doctors’ orders. But there’s now a state that’s doing a lot more than looking. California has launched a new, three-year, $6 million pilot program spearheaded by […]

Highest Paid CEOs in Home Health Last Year

CEOs from publicly traded home health care companies brought home a combined total of about $39.5 million in 2017—though some execs certainly earned far more than their industry peers. In order, CEOs from Kindred Healthcare (NYSE: KND), Encompass Health (NYSE: EHC) and Amedisys, Inc. (Nasdaq: AMED) took home the most last year in total compensation, […]

Must-Read News: Amedisys Bullish on Home Health, In-Home Heart Programs

Start your week with our must-read news, including interesting stories from around the web and some of our top coverage from the past week. Worldwide, dementia remains one of the leading health conditions for older adults, often contributing to individuals’ and families’ decision of forgoing the independence of living at home in favor of constant […]

Louisiana Medicaid Recipients May Lose Home Care Benefits

Tens of thousands of Medicaid recipients in Louisiana, many of whom rely on home care services, are being warned they may soon lose benefits due to proposed state budget cuts. The Louisiana Department of Health began mailing notices Thursday to nearly 37,000 Medicaid enrollees, informing them that their eligibility may end on July 1 because […]

Home Care Franchisor Amada Seeks to Double in Size by 2020

Undeterred by intense competition for caregivers, one home care franchise company is doubling down on its aggressive expansion plan. Amada Senior Care, a non-medical in-home care franchisor headquartered in San Clemente, California, announced last week that it has opened its 100th franchise location, in Bergen County, New Jersey. The milestone marks a major expansion push for Amada, […]

Caring.com Acquired Following FTC Agreement

San Mateo, California-based Caring.com has been acquired by newly formed private equity group Caring Holdings, LLC, the referral service announced Tuesday. Terms of the deal were not disclosed. Caring.com is an internet-based online resource and referral service for customers looking information about care options. On a big-picture level, the move will protect competition among leading […]

Addus Continues Hunt for Future Growth Opportunities

Backed by a boost in billing and momentum from closing two major acquisitions in less than two months, Frisco, Texas-based Addus HomeCare Corporation (Nasdaq: ADUS) reported solid first-quarter financial results Monday. Addus leadership is looking to ink further deals this year and bullish on the possibility that Medicare Advantage plans could start offering a personal […]

M&A and Financing Newsflash: LHC Group and St. Mary’s Reach Partnership

LHC Group and St. Mary’s Health Network Purchase St. Mary’s Home Care Services Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG) and Reno, Nevada-based St. Mary’s Health Network last week announced the finalization of an equity partnership agreement to purchase and share ownership of St. Mary’s Home Care Services, which operates in Nevada. LHC Group and its […]

Critical End-of-Life Choice Leads Fewer Kidney Patients to Pick Hospice

Patients with end-stage renal disease are faced with a seemingly impossible dilemma as their health deteriorates: try to prolong life with continued treatment or seek end-of-life comfort through hospice. Hospice care—covered by Medicare, Medicaid and most private insurers—is a benefit available to individuals with a life expectancy of six months of less. The way it’s […]