Software company Mediware has acquired Fazzi Associates, a firm that provides consulting and other services to the home care and hospice industry. Mediware is a portfolio company of TPG Capital, a private equity giant that also owns a stake in the nation’s largest home health and hospice provider. Northampton, Massachusetts-based Fazzi serves more than 1,400 […]
The Centers for Medicare & Medicaid Services (CMS) is proposing to expand Medicare coverage for telehealth services and to make it easier for physicians to provide care through in-person home visits. The policy changes were floated in a proposed rule issued Thursday, regarding payment policies, rates and quality provisions for services provided under the Medicare […]
Results from a program in Maryland suggest that a Medicare benefit to cover at-home personal care services could be feasible, according to new research findings. “We think the Maryland experience is instructive,” researcher Karen Davis told Home Health Care News. Davis is professor emerita in the Department of Health Policy and Management at the Johns […]
The Centers for Medicare & Medicaid Services (CMS) has taken action to tighten Medicaid payment rules related to independent home care providers. It announced the move in a proposed rule issued Tuesday. “The law provides that Medicaid providers must be paid directly and cannot have part of their payments diverted to third parties outside of […]
Home care providers have a huge opportunity to grow their businesses by working with Medicare Advantage plans, but they should not expect too much too soon. That’s Mark Heaney’s take, following news earlier this year that Medicare Advantage plans will be allowed to cover non-skilled in-home care starting in 2019. Heaney is the former CEO […]
When Fortune magazine publishes the first-ever “Best Workplaces in Aging Services” list, don’t be surprised if the at-home care sector has a good showing. To be considered for inclusion, home health and other senior care providers—such as assisted living and skilled nursing companies—had to complete an initial process by June 18, to become “certified.” With […]
Insurance giant Humana (NYSE: HUM) and two private equity firms have completed their planned acquisition of Kindred Healthcare, which has ceased trading on the New York Stock Exchange as a result. In December 2017, Humana and two PE firms—TPG Capital and Welsh, Carson, Anderson & Stowe—announced they were acquiring Kindred for $9 in cash per […]
Home care agencies might want to think twice about how they handle workers who are chronically late to client visits. “When we started Honor, we thought, clearly, if a care pro is late, that’s terrible,” Seth Sternberg, CEO of the San Francisco-based company, told Home Health Care News. “And then we learned that’s not true.” […]
Kendal Corp., one of the largest nonprofit senior housing providers in the nation, is making a push to expand its Kendal at Home offering, as part of a recently devised strategic plan. Founded in 2003, Kendal at Home was an early example of a “CCRC Without Walls” program, in which members put down an entrance […]
Dr. Atul Gawande spurred a national conversation about aging and end-of-life care when he published his 2014 bestseller “Being Mortal.” Now, he has been named CEO of a new health care venture launched by corporate giants Amazon (Nasdaq: AMZN), Berkshire Hathaway (NYSE: BRK.A) and JPMorgan Chase (NYSE: JPM). The appointment of 52-year-old Gawande (pictured above) […]
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