Private equity investment remains down in health care services. But the firms active in home-based care will likely have a major impact on the industry in the near future. The decisions those firms make – while entering or exiting – will have a lasting impact. In the second quarter, there were 164 PE deals across […]
Every year, industry stakeholders anticipate the U.S. Centers for Medicare & Medicaid Services’ (CMS) release of the home health proposed payment rule and the final rule. The final rule’s provisions and updates determine what the Medicare home health landscape will look like for the foreseeable future, but sometimes providers aren’t well-versed on the ins and […]
A proposed rule from the U.S. Centers for Medicare & Medicaid Services (CMS) – which would require at least 80% of Medicaid reimbursement for home- and community-based services go toward worker compensation – received over 2,100 submissions during its public comment period. Many of the comments included gratitude and appreciation for CMS regarding its efforts […]
The odds are stacked against home health providers. Even while more care is heading to the home, providers have three fundamental problems. The first is that there is an insufficient workforce to meet demand. The second and third are both rate-related. The Centers for Medicare & Medicaid Services (CMS) is actively reducing home health reimbursement […]
It has made its way into every industry, just as it has made its way into almost every conversation. Generative Artificial Intelligence (AI) has arrived in home-based care. Providers, in an effort to stay ahead of the curve, are embracing the new technology. On the way, they are finding out how it can help them […]
At its core, Best of Care is a family business. But that hasn’t stopped the Quincy, Massachusetts-based personal home care agency from thinking big and evolving. Best of Care has over 400 home care aides, administrative staff, care managers, nurses and move managers. The company also has a care management division, TUCKed In Eldercare. Earlier […]
Almost all home health providers want to get into value-based care. Many don’t know where to start. Performance-based benchmarks like patient satisfaction, timeliness of care and staff efficiency are all metrics they should begin to track diligently. That will come in handy when negotiating value-based care deals in the future. “Quality metrics are extremely important, […]
The Centers for Medicare & Medicaid Services (CMS) unveiled the Guiding an Improved Dementia Experience (GUIDE) Model this week. Stakeholders are already weighing in on how the model may affect home-based care agencies. “We’re very pleased with that announcement, and it is certainly something that we’re going to explore,” Addus HomeCare Corporation (Nasdaq: ADUS) COO […]
One of the most renowned hospitals in the U.S. recently celebrated the three-year anniversary of its hospital-at-home program. In 2019, Mayo Clinic CEO Gianrico Farrugia stated that high-acuity home care would be part of not only Mayo Clinic’s future, but the health care industry’s at large. With that declaration, Mayo Clinic launched the Advanced Care […]
The Centers for Medicare & Medicaid Services (CMS) announced a new voluntary nationwide dementia care model on Monday. Dubbed the Guiding an Improved Dementia Experience (GUIDE) Model, its goal is to “support people living with dementia and their unpaid caregivers.” But the ramifications of the new model, which is set to go live on July […]
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