When it comes to attracting new talent, the home health industry is between a rock and a hard place. Among 2017’s most-in demand jobs, “home health aide” has the highest growth outlook, according to a recent report from job search portal CareerCast. To complicate matters, however, the job also has the lowest average pay. Before […]
Category: Data
When it comes to deciding where to retire, retirees look at many different factors including affordability, quality of life and health care. The majority of people want to age in place, so the cost of homemaker services was another aspect that contributed to the overall rankings for each state, according to WalletHub’s Best & Worst […]
The market values of the three largest publicly traded home health care companies continued to rise in December, according to the latest Home Health Index by Stoneridge Partners. The index, which tracks the market values of Almost Family (Nasdaq: AFAM), Amedisys (Nasdaq: AMED) and LHC Group (Nasdaq: LHCG), rose 5.42% in December from the previous […]
The majority of older Americans wish to age in place, but aside from living near family and friends, they also are looking at other factors to choose where they want to live as they age. The best states for retirement were found based on life expectancy, tax friendliness ranking, violent crime rate per 100,000, the […]
Aspire Health, a high-profile startup recently featured in the Wall Street Journal, continues to make a name for itself with an in-home palliative care model driven by a “death-predicting algorithm.” Co-founded by CEO Brad Smith and former Senate Majority Leader Bill Frist, Nashville-based Aspire in October secured $32 million in funding from GV, the firm […]
The home health industry in 2016 has been riddled with staffing challenges, technology adoption and changes to clinical and operational processes. Some situations agencies have taken in stride, while others they continue to struggle with, according to a survey conducted by consultancy firm Fazzi Associates. The survey, titled “State of the Home Health Industry,” consists […]
Following a strong earnings report for the second quarter of 2016, Amedisys Inc. (Nasdaq: AMED) has released preliminary financial results from the third quarter to warn its investors that earnings are going to miss the mark due to high costs in the quarter ended September 30. Amedisys, the nation’s second largest home health care provider, achieved planned operating […]
The majority of the aging population in America, which is responsible for at least $7.1 trillion in annual economic activity, has the desire to stay in their homes, but many are hesitant to call themselves “old” or even have conversations about aging in place. The myths and stigmas that surround these conversations are why many […]
For the second month in a row, the nation’s three largest publicly traded home health care companies saw their average market values drop, according to the latest Home Health Index by Stoneridge Partners. The slump comes after a four-month record breaking streak from May through August. The market values for Almost Family, Inc. (Nasdaq: AFAM), Amedisys, […]
It’s no secret that staffing presents a huge challenge for home care providers, with agencies across the country routinely seeing sky-high turnover rates. As of 2015, the median caregiver turnover rate was upward of 60%, according to survey data from Home Care Pulse. “This is crazy high,” Georjean Sweis, director of operations for Visiting Angels/Living […]