Posts by Tim Mullaney:

  • Disrupt—Honor President Nita Sommers Says Transformational Change Coming to Home Care

    May 10 2018

    In 2015, Honor announced a $20 million fundraising round led by high-profile venture capital firm Andreessen Horowitz—making it clear that Silicon Valley-style disruption could be coming to the home care sector. But while it has continued to attract investor interest, Honor has had its share of challenges to surmount, from changing its employment model to Read More

  • Latest Moves Increase Humana’s Clout in Home Health, Hospice

    Apr 30 2018

    Kindred was just the beginning. After a big week, it’s clear that insurance giant Humana (NYSE: HUM) is not content with owning a stake in the nation’s largest home health provider, but is quickly creating a care delivery platform with a wide range of home-based services. On April 23, Louisville-based Humana announced that it would Read More

  • Health System ProMedica to Acquire ManorCare Operations for $1.35 Billion

    Apr 26 2018

    Nonprofit health system ProMedica is planning to acquire the operations of HCR ManorCare, including the company’s large home health arm. At the same time, Welltower Inc. (NYSE: WELL)—one of the largest U.S. health care real estate investment trusts (REITs)—has reached an agreement to acquire ManorCare landlord QCP in a $1.95 billion all-cash deal. Going forward, Read More

  • Major UK Home Care Provider In Need of Financial Rescue

    Apr 24 2018

    One of the largest providers of home care in the United Kingdom is in dire financial straits—and the reasons why will sound familiar to U.S. providers. Allied Healthcare filed a company voluntary arrangement (CVA) on Monday, as a way to restructure its financial obligations while remaining operational. Allied provides care for more than 13,000 Britons Read More

  • Amazon Rumored To Be Developing In-Home Robot

    Apr 23 2018

    Amazon’s voice-enabled Echo technology is already starting to transform home care. Now, it appears the company is trying to take the tech a step further by creating robots for the home. Amazon (Nasdaq: AMZN) has been pursuing an “ambitious, top-secret plan” to create the robot, Bloomberg reported Monday, citing unnamed sources familiar with the matter. Read More

  • [UPDATED] Humana, Private Equity Firms to Acquire Hospice Provider Curo for $1.4 Billion

    Apr 23 2018

    Insurance giant Humana (NYSE: HUM) and two private equity firms—TPG Capital and Welsh, Carson, Anderson & Stowe (WCAS)—have agreed to acquire privately held hospice operator Curo Health Services for about $1.4 billion. The consortium of acquiring companies is already in the midst of buying the nation’s largest home health provider and second-largest hospice provider, Kindred Read More

  • Innovative, Affordable Home Care Model Boosts Cantata’s Bottom Line

    Apr 22 2018

    Cantata, a Chicago-area senior housing and care provider, is achieving success with its Take2 home care model, increasing margins even as clients are paying less for services. Take2 was piloted in 2014, rolled out on a wider scale in 2016, and now serves about 60 people after a record month for new sign-ups in March, Read More

  • BrightStar, FirstLight Start to Turn Independent Operators Into Franchisees

    Apr 17 2018

    As the home care industry becomes more complex and competitive, large franchisors see a growing opportunity to turn existing, independent businesses into franchise locations. Cincinnati, Ohio-based FirstLight Home Care and Gurnee, Illinois-based BrightStar Care are two examples of national franchise companies pursuing this avenue for growth. “In the last 12 months, we’ve really gotten serious Read More

  • Publicly Traded Nova Leap Health Expands Home Care Portfolio

    Apr 16 2018

    Nova Leap Health Corp. (TSXV: NLH) has completed its acquisition of a Massachusetts home care company for $1.2 million, on the heels of raising about $1 million through a brokered private placement of shares. Nova Scotia, Canada-based Nova Leap Health will use the proceeds of the private placement to fund its growing portfolio of home Read More

  • U.S. Markets Less Saturated with Home Health Providers

    Apr 15 2018

    The average number of Medicare home health providers per U.S. county has decreased, while the average number of hospice providers has increased. That’s according to the latest quarterly update that the Centers for Medicare & Medicaid Services (CMS) has made to its market saturation and utilization tool, which shows metrics for a variety of health Read More

  • Hometeam CEO to Step Down as Company Goes All-In on Medicaid

    Apr 15 2018

    Josh Bruno is preparing to step down as CEO of Hometeam, the New York-based home care startup that he founded. The company’s president, Matt Marcotte, also has left the company after a five-month stint, as Hometeam is shifting its business model. Hometeam confirmed the executive shakeup to Home Health Care News on Friday, following an Read More

  • Greater Proportion of Home Health Agencies Earn 5-Star Rating

    Apr 12 2018

    About 5% of U.S. home health agencies earned a 5-star rating for quality of patient care in the latest update to the Home Health Compare website, which occurred on April 11. That’s an uptick from 4% as of January 2018. The percentage of 4.5-star agencies also increased in that time period, from 10% to 12%, Read More

  • Great Lakes, Jordan, National Home Health Merge to Create Powerhouse Provider

    Apr 10 2018

    Great Lakes Caring, National Home Health Care and Jordan Health Services are combining in a three-way merger, becoming one of the largest providers of home-based care in the United States. The company will have 221 locations across 15 states, serving about 63,000 patients each day and employing more than 31,000 people. Private equity firms Blue Read More

  • Home Care Entrepreneur Boehler to Lead CMS Innovation Center

    Apr 09 2018

    Adam Boehler, an entrepreneur who started home-based care company Landmark Health, has been tapped as the new director of the Center for Medicare and Medicaid Innovation (CMMI). The appointment puts someone with home care expertise in charge of the office spearheading new Medicare payment and delivery models, such as bundled payment programs and accountable care Read More

  • Hosparus Health Makes Big Investment to Prove Value of Palliative Care

    Apr 06 2018

    Home health and hospice providers see a pressing need for more palliative care in the United States but struggle to find financially feasible ways to offer it. Hosparus Health is investing about $1 million annually in a palliative care program, building a case for why government and private insurers should start reimbursing these services. Louisville-based Read More

  • SYNERGY HomeCare Acquired by Private Equity Firm NexPhase

    Apr 05 2018

    SYNERGY HomeCare, a franchisor with about 300 locations nationwide, has been sold to private equity firm NexPhase Capital for an undisclosed sum. Gilbert, Arizona-based SYNERGY offers a range of non-medical personal care to seniors, as well as clients with developmental or physical disabilities, and people recovering from surgery or illness. “We very much look forward to Read More

  • Young Adults Make Up 16% Of Direct Care Workforce

    Apr 04 2018

    At some home health care companies, millennials are becoming the majority of the workforce—but younger workers make up just 16% of the direct care workforce overall. That’s according to data from PHI, a worker advocacy organization focused on the direct care workforce. The organization analyzed U.S. Census Bureau data to produce the fact sheet “Younger Read More

  • Home Care Providers Plan to Seize New Medicare Advantage Opportunity

    Apr 03 2018

    Investors were bullish on home care on Tuesday, following news that Medicare Advantage (MA) plans would officially be allowed to cover non-skilled home care services starting in 2019. Care providers were excited as well, making the case that they are well-positioned to seize this opportunity, even as they are trying to determine its scope. The Read More

  • LHC Group Closes Almost Family Merger, Charts Future Course

    Apr 02 2018

    LHC Group (Nasdaq: LHCG) and Almost Family have now officially become the second-largest U.S. home health provider. The combined company is moving forward on a plan to be a “house of brands” offering a full continuum of home health, personal care and hospice services in hundreds of markets across the country. In November 2017, the Read More

  • CMS Officially Adds Non-Skilled In-Home Care as Medicare Advantage Benefit

    Apr 02 2018

    Non-skilled in-home care services will be allowed as a supplemental benefit for Medicare Advantage (MA) plans in 2019, the Centers for Medicare & Medicaid Services (CMS) announced in a final rule issued Monday. The benefit marks the first time CMS has allowed supplemental benefits that include daily maintenance in Medicare Advantage. “CMS is expanding the Read More

  • Large Skilled Nursing Chain Signature Plans Eventual Home Health Expansion

    Apr 02 2018

    When Signature HealthCARE added a home health arm through a 2014 acquisition, the major skilled nursing facility (SNF) company intended to eventually operate home health in all its SNF markets. Four years later, Signature’s home health footprint has not yet grown, but the Louisville-based company still believes in expanding home health once headwinds abate for Read More

  • How Home Care Could Be Re-Shaped if Walmart Acquires Humana

    Apr 01 2018

    In the midst of acquiring a stake in the largest home health provider in the nation, insurance giant Humana (NYSE: HUM) might also be in early stage talks to itself be acquired by retail behemoth Walmart (NYSE: WMT). The combination of Humana and Walmart, though far from certain, would potentially be a game-changer for home Read More

  • Disrupt — AccentCare CEO Stephan Rodgers Says Home Health Must Grow Up

    Mar 29 2018

    AccentCare CEO Stephan Rodgers sat down with Home Health Care News for the latest episode of Disrupt, brought to you by Homecare Homebase. Rodgers spoke about his military service, being a personal care attendant while in college, and his years in leadership at insurance giant UnitedHealthcare. That deep insurance background has informed his strategy for Read More

  • Controversial Home Care Overhaul Passes in Washington State

    Mar 28 2018

    About 35,000 individual home care workers in Washington will be managed by a private entity rather than the state by 2021, under a law signed Tuesday by Democratic Governor Jay Inslee (pictured above). The divisive measure pitted Democrats and union interests against Republicans and the conservative nonprofit Freedom Foundation, based in the state capital of Read More

  • Assisting Hands Adapts Restaurant-Style Franchising for Home Care

    Mar 27 2018

    Home care franchise company Assisting Hands has passed growth milestones recently, entering three new states and laying the groundwork for international expansion. Nampa, Idaho-based Assisting Hands Home Care was started in 2006 and has grown to 108 units across the country, through an area representative franchising model. The area representative approach is not unheard-of in Read More

  • EHR Giant PointClickCare Wants to Dominate Home Care Next

    Mar 27 2018

    PointClickCare, a major electronic health record (EHR) provider for skilled nursing and senior living providers, is making a push to gain significant market share with a home care EHR platform. The Mississauga, Ontario-based company hired Mark Tomzak last month to head up the home care division as executive vice president and general manager. Previously, Tomzak Read More

  • Latest Trump Immigration Proposals Raise Alarms in Home Health

    Mar 26 2018

    Since President Donald Trump took office last year, home health industry advocates have been raising red flags over his administration’s positions on immigration. The latest proposals, related to so-called “chain migration” and the expiration of protected status for Haitians, are no exception. Both The New York Times and Kaiser Health News recently reported on the Read More

  • Investment Banker Becomes CEO of ‘Unicorn’ Home Care Company

    Mar 22 2018

    Stowell Associates is not a large home care company, but it is a unique one—so unique that its new co-owner and CEO calls it a “unicorn.” Chip Measells and a group of private investors recently purchased Stowell from co-founders Phyllis Brostoff and Valerie Stefanich for an undisclosed price, and Measells has stepped into the role Read More

  • Ensign to Expand in Home Health by Repeating Skilled Nursing Strategy

    Mar 21 2018

    As The Ensign Group (Nasdaq: ENSG) continues to expand in home health, the provider is planning to follow the same strategy that has proven successful in building up its skilled nursing portfolio. That means vesting significant power in local operators to make decisions, and targeting underperforming businesses for turnaround, Executive Vice President Chad Keetch said during a Read More

  • Activist Shareholder Continues Blasting Kindred Leadership Over Humana Deal

    Mar 20 2018

    A major Kindred Healthcare (NYSE: KND) shareholder on Tuesday continued to forcefully protest the company’s planned sale to Humana and private equity firms, arguing in a publicly released letter that the deal would hurt shareholders but line the pockets of Kindred’s directors and top executives. New York-based Brigade Capital Management has a 5.8% stake in Read More

  • Dementia Care Spending to Hit $277 Billion, In-Home Services Grow

    Mar 20 2018

    In 2018, the total cost of care for people with Alzheimer’s and other dementias is projected to reach $277 billion. That figure is expected to keep ballooning in coming years and decades, and a growing proportion of spending has been going toward in-home care. This is the second consecutive year that total payments to care Read More

  • Private Equity Firm Acquires Hospice with High Nurse-Patient Ratio

    Mar 19 2018

    An Ohio hospice led by a previous Kindred Healthcare (NYSE: KND) executive has been acquired by private equity firm Stonehenge Partners Inc. The firm says it is committed to keeping the hospice’s model of having lighter caseloads for its nurses than are standard in the industry. Queen City and Capital City Hospice is headquartered in Read More

  • Hospitals Slow to Shift Medicare Referrals from SNFs to Home Health

    Mar 15 2018

    Fewer Medicare fee-for-service (FFS) beneficiaries have been going to skilled nursing facilities over the last nine years, in part because hospitals are referring to home health more frequently. However, it is only in certain areas across the country where hospital referral patterns have changed to favor home health, according to a newly released analysis from Read More

  • Encompass Expects Strong Home Health Admissions Growth Through 2022

    Mar 15 2018

    Executives at Encompass Health (NYSE: EHC) are confident that the company can continue increasing home health admissions over the next three years. This would continue an ongoing trend for the Dallas-based provider, which has 237 home health and hospice operations in 36 states. In the fourth quarter of 2017, Encompass’ same-store admissions for home health Read More

  • Addus CEO Leads Company in New Directions After Reining in Costs

    Mar 13 2018

    Addus HomeCare (Nasdaq: ADUS) is at a turning point. Two years ago, Dirk Allison took the role of CEO at the Frisco, Texas-based provider. Since then, there’s been a C-suite overhaul, the company headquarters has moved from Illinois to Texas, and a variety of cost-reduction and operational initiatives have been put in place to drive profitability Read More

  • MedPAC Debates Reduced Home Health Payments for Sequential Stays

    Mar 12 2018

    More than other types of post-acute providers, home health agencies stand to benefit financially from patients who need consecutive episodes of care, according to findings shared at the recent meeting of the Medicare Payment Advisory Commission (MedPAC). MedPAC is tasked with analyzing the Medicare system and offering recommendations to Congress for how it can function Read More

  • Fraud Watch: Feds Sit Out ManorCare Case, Carter Health Under Investigation

    Mar 11 2018

    US Declines to Intervene in Heartland Hospice case The U.S. government has declined to intervene in a False Claims Act (FCA) case brought against HCR ManorCare’s hospice division, Heartland, though it asked to be kept updated on pleadings in the case. The decision to not intervene marks another victory in FCA cases for ManorCare; in Read More

  • Addus Sets Revenue Record, Moves Forward with Hospice

    Mar 06 2018

    Addus HomeCare (Nasdaq: ADUS) achieved a new record for net service revenue in the fourth quarter of 2017 and recently made its first serious foray into hospice. Going forward, Frisco, Texas-based Addus will evaluate how the new service line complements its existing personal care business as the company seeks to expand in 2018. For the Read More

  • ResCare Hits Refresh: Major Tech, Workforce Investments Support New Strategy

    Mar 05 2018

    A new era is underway at ResCare, one of the largest providers of in-home personal care in the United States. With some fresh voices and vision in the C-suite, the Louisville-based company is making a push to expand its clinical services and position itself as a key partner for managed care payors. The effort involves Read More

  • HCR ManorCare’s Home Health and Hospice Business to Get New Owner

    Mar 04 2018

    Quality Care Properties (NYSE: QCP) is poised to take ownership of HCR ManorCare’s hospice and home health business as part of a deal announced late last week. The transaction follows a long period of financial troubles at HCR ManorCare and months of negotiations with QCP, a real estate investment trust (REIT) that is the landlord Read More

  • 10 Most Affordable States for Seniors

    Feb 26 2018

    Oklahoma has been deemed the most affordable state in the nation for seniors, in a new ranking that looked at both the costs and accessibility of care and services. The Sooner State ranked third overall for the average cost of senior care in the list from Caring.com, a web platform that connects consumers with senior Read More

  • New Brookdale CEO Bullish on Home Health, Hospice

    Feb 23 2018

    Big changes are afoot at Brookdale Senior Living (NYSE: BKD), but the company remains committed to home health and is actively looking to grow its hospice business. A new CEO is set to take the reins at Brentwood, Tennessee-based Brookdale, which is the largest senior living provider in the nation and is also one of Read More

  • Health System Merger to Create Large Post-Acute, Home Health Platform

    Feb 21 2018

    Mercy Health and Bon Secours Health System have agreed to merge, which would create one of the largest health systems in the country. Its post-acute and senior care arm would include more than 50 home health agencies, hospice agencies, skilled nursing facilities (SNFs) and assisted living communities. Based in Cincinnati, Mercy Health is the largest Read More

  • Workers, Payors Demand Home Care Providers Offer Education Programs

    Feb 21 2018

    Home care providers are already under pressure to offer educational opportunities to their workers, as a means of boosting recruitment and retention in an industry plagued by labor shortages and high turnover. Changes in the insurance landscape and shifting workforce demographics could ratchet up that pressure to new levels of intensity in the coming years. Read More

  • Interim No More: Dombi Named President of NAHC

    Feb 20 2018

    William A. Dombi has been named president of the National Association for Home Care & Hospice (NAHC), after serving as interim president since August 2017. Dombi joined Washington, D.C.-based NAHC in 1987 as vice president for law. He assumed the interim president position after Val Halamandaris, long-time NAHC president, passed away. “It is a great Read More

  • Activist Shareholder Presses Brookdale for Update on Potential Buyout

    Feb 20 2018

    Brookdale Senior Living (NYSE: BKD), one of the largest home health providers in the United States, is under pressure again from an activist shareholder. The shareholder—Stamford, Connecticut-based investment management firm Land & Buildings—is pressing Brookdale to share more information about an ongoing strategic review process and says the company should consider offers that might seem Read More

  • Report of EVV ‘Firestorm’ Draws Home Care Industry Pushback

    Feb 20 2018

    The rollout of electronic visit verification (EVV) for home care has created a “firestorm” of complaints in Ohio, according to a recent article in the Columbus Dispatch. However, that news story painted an incomplete picture, some home care providers and EVV vendors have told Home Health Care News. Under the federal 21st Century Cures Act, Read More

  • Must-Read News: Edgy Ads, Medicare Changes

    Feb 19 2018

    Judging by the most-read stories on Home Health Care News in the last week, industry stakeholders might have spent their Presidents Day weekend reviewing recent federal policy changes. Specifically, readers are trying to wrap their minds around the recently passed federal spending bill—which included a new Medicare payment model, among other home health provisions. At Read More

  • Personal-Touch Home Care to Close All Ohio Locations, Lay Off 257

    Feb 15 2018

    Personal-Touch Home Care is planning to close all its Ohio locations by April 20, resulting in more than 250 workers being laid off. The New York-based company announced its intentions in a Feb. 14 letter to the Ohio Department of Job and Family Services, according to the Dayton Business Journal. The letter did not state Read More

  • High-End Home Care Model Pays Off for Alliance

    Feb 15 2018

    With its dense and diverse population and sky-high real estate costs, New York City is a unique home care market that has given rise to some innovative business models. Alliance Homecare is one example. The company has more than doubled its revenue in recent years, in part by leveraging partnerships with other organizations to serve Read More

  • Home Health Spending Projected to Outpace All Other Types of Care

    Feb 14 2018

    Almost $103 billion will be spent on home health care in the United States this year, and that number will reach nearly $173 billion by 2026, according to a newly released analysis from the Centers for Medicare & Medicaid Services (CMS) Office of the Actuary. The annual growth rate for home health spending is predicted Read More

  • Bloomberg: US Home Care System Woefully Inadequate

    Feb 14 2018

    A report in Bloomberg Businessweek paints a dire picture of the state of home care for the aging U.S. population. The article, published Feb. 9 and prepared in conjunction with the Investigative Fund at the Nation Institute, highlights a caregiver named Valia, describing her arduous 48-hour shifts to make a point about the lack of Read More

  • Home Care Advertising Gets Edgy, Agile

    Feb 13 2018

    To stand out in a crowded and competitive marketplace, some home care franchise companies are updating their advertising strategies. They are embracing technology for more data-driven campaigns, and they are taking calculated risks with content—with one ad even telling the story of a client attending a strip show. Advertising and sales rep salaries/bonuses are typically Read More

  • White House Budget Calls for Home Health Payment Cuts

    Feb 12 2018

    The White House on Monday released its proposed 2019 federal budget, which calls for the home health groupings model (HHGM) to be implemented along with a unified post-acute payment system, and allocates more money to crack down on home health fraud. The budget document provides insight into what policies President Donald Trump’s administration would like Read More

  • Ensign CEO Open to New Structure for Home Health Segment

    Feb 11 2018

    The Ensign Group (Nasdaq: ENSG) had strong financial results in the fourth quarter of 2017, posting its highest adjusted earnings per share in the company’s history, at $0.40. The Mission Viejo, California-based company’s home health and hospice segment contributed with a 27.5% year-over-year increase in revenue. Ensign might consider spinning off home health into a Read More

  • ComForCare Platform Could Grow to 20 Different Franchise Brands

    Feb 08 2018

    A deal announced this week could be the first step in the creation of a family of senior care franchise businesses under a single private equity owner, The Riverside Company. It’s similar to what Riverside has done in building the Dwyer Group, which is a platform of 17 trade service franchises, including Molly Maid, Mr. Rooter and Read More

  • ComForCare Acquires Senior Living Placement Service CarePatrol

    Feb 06 2018

    With a new CEO at the helm, home care franchise company ComForCare is growing in new directions. ComForCare, which has more than 200 locations across the United States, Canada and the U.K., has acquired CarePatrol, a company that helps place individuals in assisted living and other senior living settings. Like ComForCare, CarePatrol operates on a Read More

  • [Updated] House Lawmakers Include HHGM in Proposed Spending Bill

    Feb 06 2018

    House lawmakers approved a new spending bill to keep the federal government running that included several home health provisions, notably the reintroduction of a controversial overhaul to the Medicare payment system known as the home health groupings model (HHGM). HHGM was first floated in the proposed rule setting 2018 Medicare payment rates for home health, but Read More

  • Kindred Describes Risky Home Health Business Landscape

    Feb 05 2018

    Kindred Healthcare (NYSE: KND), the nation’s largest home health provider, is one step closer to being taken over by insurance giant Humana (NYSE: HUM) and two private equity groups. Kindred filed a preliminary proxy statement with the Securities and Exchange Commission on Monday, in advance of a special meeting of the stockholders to be held Read More

  • Therapy Caps Force Providers to Adjust Operations

    Feb 04 2018

    A cap on Medicare reimbursement of therapy is forcing providers to adjust their operations and advocate with increasing urgency to federal lawmakers. Under a 1997 law, Congress put an annual cap on the amount of money that Medicare beneficiaries can receive for rehabilitation services. Therapy providers and other stakeholders have long advocated for the cap Read More

  • Strong Growth Forecast for Home Care Franchise Sector

    Feb 01 2018

    Franchise businesses should have a strong year in 2018, especially home care franchises and others that specialize in personal services. Southwest states in particular could be a hotbed of growth. Outpacing the U.S. economy as a whole, overall franchise employment is expected to increase 3.7% in 2018, while the gross domestic product of the franchise Read More

  • Changing M&A Trends Make Home Health a Hotter Acquisition Target

    Jan 31 2018

    Transformative mergers and acquisitions took place in health care last year, and the types of deals suggest that a more diverse set of buyers could be on the hunt for home health and hospice acquisitions in 2018. In 2017, there were 115 M&A transactions involving hospitals and health systems, marking the highest level of activity Read More

  • $1 Million Pilot Brings Hospital Care to Canadians’ Homes

    Jan 29 2018

    A pilot program in Canada is the latest demonstration of how hospital-level care can be successfully delivered in people’s homes. The Intensive Hospital to Home pilot is taking place just east of Detroit, in and around the city of Windsor, Ontario. It is being run through the Erie St. Clair Local Health Integration Network and Read More

  • BrightStar Invests to Maintain ‘Neiman Marcus’ Business Model

    Jan 29 2018

    Facing tight labor markets and a looming caregiver shortage, BrightStar Care is investing in technology and launching an $800,000 workforce initiative as it pursues ongoing growth in 2018 and beyond. These efforts are consistent with BrightStar’s long-standing goal for the company to be the “Neiman Marcus of home care,” CEO Shelly Sun told Home Health Read More

  • Landmark Health Sale Rumored, Chief Exec Up for CMMI Post

    Jan 25 2018

    Landmark Health, a private-equity backed company that provides in-home medical care, is exploring a potential sale, the Wall Street Journal reported Thursday. The publication cited unnamed sources with knowledge of the situation. A transaction is being pursued to free up Landmark CEO Adam Boehler (pictured above) to head up the Center for Medicare & Medicaid Read More

  • In Strong Year for Home Health Stocks, LHC Group Gains Most

    Jan 24 2018

    LHC Group (Nasdaq: LHCG) had a big year in 2017, growing its share price 23.14%. That’s the largest yearly increase among the companies tracked on the Home Health Index (HHI), which is updated each month by health care merger and advisory firm Stoneridge Partners. The Index keeps tabs on the share prices of the largest Read More

  • Right at Home Still Leads Pack On Franchise 500 List

    Jan 23 2018

    More than a dozen home care companies appear on this year’s Entrepreneur magazine Franchise 500 list, but fewer cracked the rankings than last year. Right at Home repeated its 2017 showing as the highest-ranked home care franchise opportunity, coming in at No. 49. The Omaha, Nebraska-based company was No. 55 last year. It has about Read More

  • Government Shutdown Should Have Minimal Effect on Home Health

    Jan 22 2018

    With Medicare and Medicaid reimbursements continuing to flow, home health care providers most likely will not feel any immediate pain from a shutdown of the federal government that began Saturday. “The Medicare contractors would continue to pay claims,” Bill Dombi, president of the National Association for Home Care & Hospice (NAHC), told Home Health Care News. So-called Read More

  • Must Read News: CoP Uncertainty, Caregivers Jumping Ship

    Jan 21 2018

    Staffing and regulations are perennial concerns for home health and home care providers, and these topics dominated the headlines in the last week. One the regulatory front, a new era for home health has begun, with the sweeping new Conditions of Participation (CoPs) taking effect on Jan. 13. The final interpretive guidelines (IGs) are still Read More

  • Big Year Coming for Electronic Visit Verification in Home Care

    Jan 21 2018

    Coming guidance from the Centers for Medicare & Medicaid Services (CMS) could settle some big questions regarding electronic visit verification (EVV) in home care, setting the stage for a lot of activity throughout 2018. Under the federal 21st Century Cures Act, all Medicaid-reimbursed home care providers across the country must be utilizing EVV as of Read More

  • Mega-Deals Drive Home Health M&A Spending Past $4 Billion Mark

    Jan 18 2018

    Two blockbuster transactions in late 2017 contributed to a record quarter for home health M&A spending, according to the latest data from business intelligence firm Irving Levin Associates. In November, two major home health providers—LHC Group (Nasdaq: LHCG) and Almost Family (Nasdaq: AFAM)—announced their intention to merge in an all-stock deal with a total implied Read More

  • How LHC Group Cut Turnover with Flexible Approach

    Jan 17 2018

    Facing a serious labor crunch, home health and other senior care providers are adopting new approaches to recruiting and retaining workers. Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG), one of the largest home health companies in the nation, is no exception. Changing its scheduling practices and making its training more rigorous are two adjustments that have Read More

  • Release Date Still Uncertain for Home Health CoP Guidelines

    Jan 17 2018

    Home health agencies have been anxiously awaiting the final interpretive guidelines (IGs) for sweeping new Medicare regulations that took effect less than a week ago. The uncertainty over the release date for the IGs will last a while longer. The final draft of the IGs is in the clearance process, but no official release date Read More

  • ClearCare Co-Founder Spearheads ‘Best Workplaces in Aging Services’ Project

    Jan 11 2018

    When Fortune magazine publishes the inaugural “Best Workplaces in Aging Services” list in September 2018, don’t be surprised if private duty and home health companies make a good showing. “It’s incredible to see home health companies scoring very well—we had one get as high marks as companies like Google in some areas,” Jacquelyn Kung, who Read More

  • Hospice Compare Search Function Misfiring

    Nov 28 2017

    People using Hospice Compare on Tuesday encountered a new warning message on the website, explaining that its location search function is not working correctly. Specifically, when users try to search for a hospice serving a particular market, the site has been generating a list of agencies that might not serve the ZIP code, city or Read More

  • High-Profile Senior Care Leader Creates Tiny Homes for Aging

    Nov 27 2017

    Dr. Bill Thomas is well known for taking on traditional nursing home care through initiatives such as the Green House model. Now, he has introduced two new concepts with the goal of helping people avoid institutional care as they age. At the recent Aging2.0 conference in San Francisco, Thomas formally introduced Minka. A Minka is a small Read More

  • Lawmakers Itching to Expand Medicare Advantage to Hospice

    Nov 20 2017

    In the nation’s capital, there’s strong momentum to bring hospice benefits into Medicare Advantage (MA) plans. “There is some political inevitability to carving hospice into Medicare Advantage,” said Andrew MacPherson, principal with Washington, D.C.-based Healthsperien, a consulting and legal services firm. MacPherson recently provided a hospice policy update at the annual conference of LeadingAge, an Read More

  • Almost Family President: Home Health Industry Made Breakthrough with CMS

    Nov 08 2017

    Leaders with Almost Family (Nasdaq: AFAM), one of the largest home health providers in the nation, are optimistic in light of recent payment and policy developments—specifically, that the home health groupings model (HHGM) will not take effect in 2019. “On the regulatory front, we feel we, in collaboration with others in the industry, have made Read More

  • Veto Prevents Sharing of Aides’ Info With California Unions

    Oct 19 2017

    A bill that drew sharp criticism from home care industry advocates in California has been vetoed by Gov. Jerry Brown (D). Under Assembly Bill 1513, the State Department of Social Services would have been required to provide the names and phone numbers of registered home care aides to labor unions, unless aides opted out. “Home Read More

  • CareCentrix, Cigna Accused of Fraudulent Billing Scheme

    Oct 11 2017

    Insurance giant Cigna (NYSE: CI) and home health coordination company CareCentrix have been accused of a fraudulent billing scheme, in which beneficiaries were allegedly overcharged for in-home medical equipment. Bloomfield, Connecticut-based Cigna is the fourth-largest U.S. health insurance company, according to Forbes. It contracts with other organizations that offer certain services and products to Cigna Read More

  • Kindred Touts ‘Walk-In Wednesdays’ to Recruit Workers

    Oct 10 2017

    Social media outreach and online job boards are useful tools for home health providers confronting a staffing crisis. But Kindred Healthcare (NYSE: KND), the nation’s largest home health provider, is finding continued success with more traditional recruitment methods. Like other providers across the health care spectrum, Louisville-based Kindred has been utilizing digital channels to reach Read More

  • HHGM Bill Would Delay But Not Halt Massive Medicare Cuts

    Oct 09 2017

    A bill in the U.S. House of Representatives would delay implementation of the controversial Home Health Groupings Model (HHGM) until 2020, but industry advocates say it does not address fundamental concerns with HHGM, including that it could cause catastrophic payment reductions of up to $4 billion to providers. Rep. Kristi Noem (R-South Dakota, pictured above) Read More

  • Home Health Stocks Bounce Back After HHGM Spooks Investors

    Sep 18 2017

    There is still plenty of alarm over the Home Health Groupings Model (HHGM) among providers, but investors appear to have calmed a bit since the Medicare payment overhaul was first proposed in July. The market value of the three largest publicly traded home health companies increased 7.42% in August, after falling 19.57% a month earlier, Read More

  • Franchisor Homewatch CareGivers Acquired by Private Equity Firm

    Sep 14 2017

    Homewatch International, franchisor of Homewatch CareGivers, is the latest home care company with new private equity ownership. Authority Brands, a portfolio company of PNC Riverarch Capital, has acquired Homewatch International, according to a press release issued Thursday. There are more than 200 Homewatch CareGivers locations across the United States, Canada, and Latin America, providing in-home Read More

  • More than Meets the Eye in Home Health M&A Valuations

    Sep 04 2017

    When a home health acquisition occurs, a single trading multiple is announced for the deal — and in home health, there have been some impressive multiples lately. However, there could be a case for more than a single multiple on any given transaction, as the buyer and seller might have different ways of thinking about that number. Read More

  • Northwestern Medicine to Shutter SNF, Make Home Health Push

    Aug 17 2017

    Those looking for evidence that home-based care is gaining importance as the U.S. health system evolves can look to Chicago. Northwestern Medicine, a major Windy City integrated health care system, is shutting down a skilled nursing facility (SNF) at the same time that it is joining a new initiative to expand home-based primary care. Crain’s Chicago Read More

  • Independent Living Giant Holiday Enters Home Care

    Aug 02 2017

    A giant in the world of facility-based senior living is putting its toes in the home care waters. Holiday Retirement, the largest provider of independent living communities nationwide, has launched a home care service called Milo, Home Health Care News has learned. Bill Thomas, M.D., known for pioneering the Green House model of long-term care, Read More

  • Encompass Enters Illinois with VNA Healthtrends Acquisition

    Jul 31 2017

    Encompass Home Health and Hospice, already one of the largest home health providers nationally, now is entering Illinois for the first time by acquiring VNA Healthtrends. Based in Des Plaines—about 20 miles northwest of downtown Chicago—VNA Healthtrends serves markets in Illinois, Indiana, Ohio, Michigan, and Arizona. The Michigan locations were not part of the sale, Read More

  • Franchisor ComForCare Acquired by Private Equity Firm Riverside

    Jul 27 2017

    The Riverside Company, a New York-based private equity firm with more than $5 billion in assets under management, has made its first play in the home care space, investing in Bloomfield Hills, Michigan-based franchisor ComForCare. “This is our first home care franchisor, but franchise investment is a specialization of Riverside,” Steve Rice, a principal with Read More

  • Must-Read News: Highest Paid Execs, Dullest Movie Ever

    Jul 23 2017

    Looking ahead to the last full week of July, large-scale health care reform still looms large as a developing story. After support for its Affordable Care Act repeal-and-replace bill cratered last week, the Senate this week may take a vote on a revised measure—but major questions still remain as to whether it has the votes Read More

  • Honor Sees Senior Living Partnerships as Route to New Markets

    Jul 23 2017

    Honor—part of a wave of tech-forward home care startups to raise large sums of capital in recent years—now is partnering with assisted living and other senior housing companies, and sees this is a potential way of entering new markets. After starting in San Francisco and raising a cool $20 million in Series A funding in Read More

  • Home Health Groups Relieved, Wary After Trumpcare Bill Fails

    Jul 18 2017

    The Senate bill to repeal and replace key Affordable Care Act (ACA) policies failed Tuesday, leaving home health agencies and providers across the care spectrum in wait-and-see mode as to the future of Obamacare reform efforts. Released July 13, the Better Care Reconciliation Act (BCRA) struggled to gain needed traction among Senate Republicans. The GOP Read More

  • NAHC Urges Opposition to Increasingly Troubled Trumpcare Bill

    Jul 17 2017

    Voices from within the home health industry on Monday renewed calls to oppose the Senate’s bill to roll back Affordable Care Act policies. By the end of the day, the future of the legislation appeared more uncertain than ever. Republican Sens. Mike Lee of Utah and Jerry Moran of Kansas declared their opposition to the Read More

  • Regional Home Care Player Accelerates Growth, Starts Franchising

    Jul 05 2017

    An already fast-growing home care provider is entering a new phase of expansion, adding a fresh service line through a recent acquisition and extending its geographic reach by launching its first franchise location. Sunny Days In-Home Care launched in 2011, and since that time, the Pittsburgh-based company has grown quickly. In 2015, it pulled in Read More

  • Kindred Inks Deal to Sell Skilled Nursing Business for $700 Million

    Jul 04 2017

    After announcing its intention to cease being an owner and operator of skilled nursing facilities at the end of 2016, Kindred Healthcare (NYSE: KND) has struck a deal to sell its SNF business for $700 million in cash. The total value of the transaction to Kindred is expected to be $910 million, the Louisville-based company Read More

  • How Griswold Home Care Crafted a 21st Century Franchise Agreement

    Jun 21 2017

    As it approached its 35th anniversary this year, Griswold Home Care refreshed a key aspect of the business: Its franchise agreement. Hashing out the new agreement was not always easy, but the process provides a model for how franchisors and franchisees can work together for their mutual benefit, according to the company’s CEO and leaders of its Read More

  • New Medicare Payment Model Looms Over Home Health Providers

    Jun 18 2017

    Home health agencies should be prepared for a major unwelcome surprise that could hit in the near future—a comprehensive, complex overhaul of the Medicare payment system. When the Centers for Medicare & Medicaid Services (CMS) proposes its 2018 payment rates, likely within the next several weeks, the agency could also seek to establish a new payment Read More

  • Home Care Proposal Helps Swing Dramatic UK Election

    Jun 11 2017

    A proposed policy related to in-home care played a noteworthy role in the tumultuous election that has reconfigured the political scene in the United Kingdom. Here in the United States, there might be lessons to draw from what happened across the pond. Despite some sharp differences between the U.K. and U.S. health care systems, both countries Read More

  • Kindred Launches Innovation Division

    Jun 01 2017

    The nation’s largest home health care provider has formed a new business division and hired an executive to run it. Louisville-based Kindred Healthcare (NYSE: KND) has tapped Brian Holzer, M.D., to serve as president of the new division, Kindred Innovations. Holzer’s appointment is effective as of June 5, the company announced in a May 30 Read More

  • Second ‘Margaritaville for Seniors’ to Include 3,000 Homes

    May 26 2017

    Home care providers willing to help seniors look for lost shakers of salt will want to staff up in Hilton Head, South Carolina. That’s because Hilton Head will soon boast a Latitude Margaritaville community, featuring more than 3,000 homes for those who are at least 55 years old and want a lifestyle inspired by the Read More

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