Best Buy Reaps Benefits from $800 Million GreatCall Acquisition

Retail giant Best Buy (NYSE: BBY) turned heads in August 2018 when it purchased GreatCall — a company that develops and sells smartphones, medical alert devices and other technology products designed to support older adults’ ability to age in place — for $800 million. At the time, the major investment was billed as a way […]

Senior Living Providers Expect Disruption from Increase in At-Home Services

Senior living providers in the United States believe that their business model could be significantly disrupted by the trend toward older adults aging in their own homes, which is being enabled by new technologies. This was a key finding of “The State of Senior Living: An Industry Grappling with Autonomy,” a new report from architecture […]

Homewatch CareGivers Harnesses Private Equity Capital to Shine in Hyper-Competitive Market

Under Julie Smith’s leadership, Homewatch CareGivers has transformed from being a family owned home care franchisor to being backed by private equity — but that only tells part of the story. The company — which encompasses more than 190 locations — was acquired by Authority Brands, a portfolio company of PNC Riverarch Capital, in 2017, […]

NAHC: ‘Public Charge’ Immigration Proposal Would Hurt Home Care Workforce

A proposed change to the nation’s immigration policies could spell further trouble for home care providers that are already facing steep workforce challenges, according to the National Association for Home Care & Hospice (NAHC). In September, the Trump Administration put forward a proposal that would change the so-called “public charge rule.” This change would broaden […]

Brookdale Shareholder Puts Forward Plan to Split Up Company

Brookdale Senior Living (NYSE: BKD) should split into two entities, activist investor Land & Buildings said in an open letter released Monday. Under the proposal, Brookdale would create a real estate investment trust (REIT) for its owned properties and a separate public company for its management business, including its ancillary services division that includes home health. […]

Why California is a Hotbed for In-Home Palliative Care

A Medicaid program in California is increasing access to palliative care services in people’s homes. For about a year, home-based palliative care has been a mandated benefit in California’s Medicaid program, Medi-Cal. Most Medi-Cal beneficiaries are enrolled in managed care plans that contract with agencies that provide these palliative care services, according to a Next […]

Dombi, Myers: Dangerous Assumptions in PDGM Could Disrupt Home Health

Two prominent home health leaders are trying to keep pressure on federal lawmakers to eliminate components of the forthcoming Patient Driven Groupings Model (PDGM). Bill Dombi, president of the National Association for Home Care & Hospice (NAHC), and Keith Myers, CEO of LHC Group (Nasdaq: LHCG) and chairman of the Partnership for Quality Home Healthcare, […]

Brookdale Petitions Supreme Court to Review $35 Million Whistleblower Lawsuit

Brookdale Senior Living (NYSE: BKD), one of the largest home health providers in the nation, has petitioned the U.S. Supreme Court to review a case involving allegations of fraudulent Medicare billings totaling about $35 million. The lawsuit was filed in 2012 by Marjorie Prather, a former employee of Brentwood, Tennessee-based Brookdale. Prather alleged that Brookdale […]