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 […]

Humana, Walgreens Rumored to be Considering Equity Stakes in Each Other

Humana (NYSE: HUM) and Walgreens Boots Alliance (NYSE: WBA) are in talks to expand their business relationship, which could include taking equity stakes in each other, according to a report published Tuesday by The Wall Street Journal. The negotiations are in early stages, WSJ reported, citing unnamed sources who are familiar with the matter. Neither […]

Brookdale May Face Another Tough Year Before Improvements Gain Traction

Brookdale Senior Living (NYSE: BKD) likely will be dealing with operational challenges throughout the next year, before its turnaround efforts start to bear more substantial fruit in 2020. The stock price for Brentwood, Tennessee-based Brookdale slumped over 11% in trading Monday after RBC Capital Markets analyst Frank Morgan issued further guidance based on this timeline. […]

Disrupt — BrightSpring Health CEO Jon Rousseau on Creating ‘Surround-Sound’ Services

Shortly after ResCare CEO Jon Rousseau recorded his interview for the Disrupt podcast, the company announced a rebranding to BrightSpring Health. This reflects how quickly the Louisville, Kentucky-based company is evolving under Rousseau’s leadership. Since taking the helm in 2016 — after leading Kindred Healthcare’s rehab business — Rousseau has overseen not only the rebranding, […]

Researchers Identify Optimal Number of At-Home PT Visits for Knee Patients

In-home physical therapy (PT) helps knee replacement patients recover more successfully, with six to nine PT visits being a generally optimal level of treatment. That’s according to research findings from the University of Colorado School of Medicine, recently published in the Journal of Bone and Joint Surgery. A team of physical therapists analyzed Medicare home […]

NAHC’s Dombi: Many Medicare Advantage Insurers Do Not Value In-Home Care

Most Medicare Advantage insurers do not yet appreciate the value of home-based care, according to Bill Dombi, president of the National Association of Home Care & Hospice (NAHC). “I didn’t enroll in a Medicare Advantage plan, because I don’t think they believe in home care yet,” Dombi said in opening remarks at NAHC’s annual conference […]

Home Health Quality on the Upswing, Readmission Rates Hold Steady

The quality of home health care improved across most major domains between 2016 and 2017, although the rate of hospital admissions remained static for the fifth straight year. That’s according to data in the Home Health Chartbook 2018, prepared by Avalere Health for the Alliance for Home Health Quality and Innovation. The document compiles data […]

Humana Sees Potential Role for Kindred in New Walgreens Initiative

Insurance giant Humana (NYSE: HUM) is rolling out senior-focused primary care clinics in some Walgreens pharmacies and believes that its Kindred at Home division could bring added value. “Does [Walgreens’] combination of brand, geography, familiarity, comfort — does that create a step-change in customers’ willingness to engage with us, whether in the store or virtually?” Humana […]