As a new emergency preparedness rule from the Centers for Medicare & Medicaid Services (CMS) looms, home health companies big and small are scrambling to make sure their bases are covered before it takes effect in November. Under the rule, which was first introduced in 2013 and finalized last September, heath care providers across 17 settings, including home health care, […]
Voice-activated technology is no longer a bleeding edge concept in home health care. For one California home health care provider, Amazon’s Alexa has been customized as a real solution to improve caregiver efficiencies and benefit patients. Libertana Home Health, a Beverly Hills, California-based company with 3,000 clients in homes and senior living communities throughout the […]
Encompass Home Health and Hospice, which is a segment of HealthSouth (NYSE: HLS) and one of the nation’s largest home health providers, is sounding the alarm over a recently proposed rule that would overhaul the Medicare payment system and possibly drive some providers’ margins into negative territory. The July 25 proposal from the Centers for Medicare & […]
The president of the National Association for Home Care & Hospice (NAHC), which represents 33,000 home care and hospice organizations and two million nurses, therapists and other caregivers, has died after a long illness, the group announced Thursday. Val J. Halamandaris served as NAHC’s president since 1982, when the group was formed through the merger of the National Association for […]
The U.S. Senate voted Tuesday to resurrect its plan to repeal Obamacare, prompting renewed fears among some home health care groups that thought the health care overhaul was on hold. The Senate voted 51-50 to begin debating legislation to repeal and replace the Affordable Care Act (ACA), informally known as Obamacare. U.S. Vice President Mike […]
Netsmart, an Overland Park, Kansas-based provider of electronic health records (EHR), data analytics and other technology services, today announced it acquired DeVero, a technology company that specializes in home health and hospice. The companies did not disclose the acquisition price. As part of the deal, Netsmart inherits a high-profile DeVero client: Louisville-based Kindred Healthcare (NYSE: KND), […]
Overall spending related to home health hasn’t changed much over the past two decades despite a national uptick in other kinds of medical expenditures, according to a new study from theAnnals of Family Medicine. On the whole, total medical expenditures outpaced the rate of inflation. Costs increased by 47.2%, from roughly $246 per individual per month […]
While it’s fair to assume that some of the country’s biggest publicly traded home health care companies pay their chief executives well, some earn more than others. In 2016, CEOs at HealthSouth (NYSE: HLS), Kindred Healthcare (NYSE: KND) and Brookdale Senior Living (NYSE: BKD) made the most in total compensation—a figure that includes base salary, stock awards, […]
A lawsuit claiming that Midwestern home health care provider SSM Health at Home, formerly known as SSM Home Care, owes some of its caregivers unpaid overtime wages can move forward as a class action case, a district judge ruled. SSM Health at Home’s parent company, SSM Health, is a health care system based in St. Louis that […]
The nation’s largest senior living provider and one of the biggest home health care providers, Brookdale Senior Living (NYSE: BKD), is off the hook in a $35 million lawsuit, a federal judge rule on June 22. The dismissal marks the end of a whistleblower case brought by former Brookdale employee Marjorie Prather, who was originally hired to review […]
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