As the health system continues to move toward managed care and value-based purchasing, home health agencies are becoming an increasingly important partner along the continuum of care. Across the industry, data has played a big role in securing preferred partnerships for home health agencies with other types of providers. Home health and home care have […]
Since November, the Centers for Medicare & Medicaid Services (CMS) has rolled out regulation upon regulation affecting home health care, altering the landscape for agencies across the country. CMS first finalized a rule to incentivize hospitals to work with other post-acute providers for knee and hip replacement procedures through bundled payments for 67 hospital locations. […]
Seniors who want to age in place have some new options for all the same health care services offered at senior living facilities without the community aspect. Enter the continuing care retirement community (CCRC) at home. Senior housing providers are extending their reach in new program models to accommodate those who want to remain in […]
Following a 2015 that boasted increases in revenue and growth in admissions, national home health and hospice provider LHC Group Inc. (Nasdaq: LHCG) announced what it’s calling an “unprecedented pipeline” in the year ahead. Lafayette, Louisiana-based LHC Group is actively discussing 20 potential acquisitions in 2016 that could produce approximately $1 billion in revenue, the […]
When it comes to preventing hospital readmissions and controlling costs after joint replacements and similar procedures, home health agencies and other post-acute providers play a crucial role. But agencies may gain an advantage if they also are involved before a patient even enters the hospital for treatment. “We don’t like to use the word post-acute […]
A major health network in New Jersey is developing a joint venture with a home care provider to expand its services to more patients, potentially displacing some home care nurses. Inspira Health Network announced its new partnership with Bayada Home Health Care, a privately-held home care company that operates in 21 states. Inspira Health Network […]
An innovative home care startup that has captured headlines with its successful funding rounds has snagged another big investment. In-home care provider Hometeam has secured a $5 million investment from Kaiser Permanente Ventures, the venture capital arm of California-based health care giant Kaiser Permanente. Hometeam raised $38.5 million prior to Kaiser Venture’s latest stake, with […]
When the numbers came in last summer, they did not look good for New Jersey: 97% of the Garden State’s hospitals would see their Medicare payments reduced because of how many patients had been readmitted. That was the highest percentage of any state in the country. Given that stat, it’s no wonder that a private […]
As data continues to be the name of the game in the home health industry, one of the largest home health and hospice providers is evolving its executive plan to meet this challenge. Midwest-based Great Lakes Caring, which operates 24 locations with over 2,600 employees in Michigan, Indiana and Illinois, announced the promotion of three […]
For seniors choosing a location to spend their retirement years, a state’s annual cost of in-home services can make it more attractive—or the opposite. For this reason, personal finance website WalletHub took states’ annual cost of in-home services into consideration when compiling its list of 2016’s Best & Worst States to Retire. WalletHub’s analysts compared […]
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