In December 2024, BrightStar Care Founder Shelly Sun Berkowitz was within 10 days of closing a deal to sell the company, when she decided to step away. “It just didn’t feel right,” she told me this week. “I didn’t feel like I was going to have the voice I wanted to have, I didn’t feel […]
UnitedHealthcare is eliminating prior authorization requirements for certain home health services provided under Medicare Advantage plans as part of a larger push to cut prior authorization volume by 10% this year. Effective April 1, 2025, the insurance giant—part of UnitedHealth Group (NYSE: UHG)—will no longer require prior authorization or concurrent review processes for home health […]
Recent developments in the legal battle over the planned $3.3 billion UnitedHealth Group (NYSE: UHG) acquisition of Amedisys (Nasdaq: AMED) have moved the case closer to trial and shed more light on how UnitedHealth and Amedisys are pursuing divestments and defending the transaction. First, UnitedHealth dropped its motion to dismiss the case, saying that the […]
With a new presidential administration in office, M&A activity ramping up, capital markets conditions evolving, staffing challenges persisting, consumer demand surging, and payments under pressure, 2025 will be a critical year for the at-home care sector. That’s why we’re conducting this survey in advance of Home Health Care News’ upcoming Capital + Strategy conference. The […]
If recent headlines are any indication, 2025 will be a pivotal year for setting the course of private equity investment in health care provider companies, including home-based care organizations. In the first month of the year, these were among the PE-related stories that generated headlines: These developments point to both the ongoing PE investment in […]
Kris Engskov — an official in the Bill Clinton White House, a long-time executive with Starbucks and most recently president of senior living provider Aegis Living — is set to lead a new company in the home health care space. “COVID taught us how much can be done from home,” Engskov told Home Health Care […]
A partnership with senior housing and care provider Eskaton prompted tech-forward home care company Honor to accelerate its transition to a management model based on teams focused on specific geographic areas. A year in, that model has positioned Honor for further partnerships with large-scale organizations, and Eskaton has seen a revenue boost expanded into new […]
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 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 […]
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, […]
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