There’s a potential storm brewing in New York state due to Gov. Kathy Hochul’s executive budget for 2025. The budget proposal includes over $1 billion in cuts to the states’ home care programs. The move is an effort to reduce Medicaid spending. The budget proposal cuts, which was released on Jan. 16, would directly impact […]
Category: Featured
Despite the rising cost of home care services, some high-end and concierge home care agencies have been able to maintain their market footholds. After years of increasing costs, the services costs across many senior care sectors have begun to stabilize. Home care, however, is a notable exception. Last year, home care aide services saw a […]
After the ink dries following a transaction in the home-based care space, the question of whether to rebrand newly acquired locations sparks an interesting consideration. While some companies swiftly integrate acquired businesses into their brand and splash their logo, marketing materials and likeness on the newly acquired assets, others opt to maintain the selling company’s […]
CenterWell President Dr. Sanjay Shetty knows home health care is an extremely valuable service. Unlike many other leaders, he’s in the position to prove it. For close to a year now, Shetty has led Humana’s (NYSE: HUM) health care services division, which includes CenterWell Home Health, CenterWell Primary Care and CenterWell Pharmacy. Previously, he was […]
While the environment surrounding home care continues to evolve, the services being delivered largely remain the same. That’s why Tribute Home Care’s CEO, John Sneath, has largely focused on perfecting the wheel rather than reinventing it. Tribute was founded in 2012, as the brainchild of Sneath, who served as president and COO of HouseWorks for […]
The erosion of non-solicitation agreements poses a significant challenge for home care providers, potentially undercutting their business models and profitability. Non-solicitation agreements keep home care clients from poaching caregivers trained and supplied by agencies. In certain states with stricter rules against non-competes — like California and Connecticut — the lines between non-solicitation and non-compete agreements […]
Grand opening, grand closing. Hospice providers began to work with Medicare Advantage (MA) via the Value-Based Insurance Design (VBID) demonstration in 2021. At the end of 2024, the “hospice carve-in” model will cease. This will have an impact on home health providers who offer hospice services, obviously. But the failure of hospice’s fit within VBID […]
The most compelling and innovative leaders in home health care don’t just inspire the people who work at their companies, they also catch the attention of fellow industry leaders. These leaders have earned the high esteem of their peers by hurdling operation challenges in the space, creating impressive recruitment initiatives, consistently embracing new ideas and […]
A part of the Catholic health system Trinity Health, Trinity Health At Home is one of the largest home health providers in the country. The Livonia, Michigan-based company provides more than 1.9 million home health and hospice visits every year. Trinity Health, meanwhile, has 149 continuing care facilities and operates in over a dozen states. […]
Over the last several years, a notable trend is emerging in home care: Top-tier companies are shifting their focus from prioritizing customers to prioritizing caregivers. This strategic move reflects a growing recognition of the critical role caregivers play, and aims to address persistent caregiver shortages. “The trend has always been there, but I think now […]