In a crowded home health market, Chapters Health System has been able to set itself apart due to its unique company structure. Specifically, Chapters Health views its home health services as more of an asset or tool. A tool to enhance care in an already capitated model, more than just as a service line or […]
Category: Featured
Rising costs, the return of Medicare sequestration, labor shortages and higher patient acuity levels have all contributed to health systems struggling financially over the past 18 months. Since the start of the year, at least half a dozen hospitals have either closed or announced plans to close. To stay afloat, many others have opted to […]
Prior to 2020, older adults had already started to rethink how and where they wanted to age, with a growing preference to age in place. The COVID-19 pandemic accelerated that trend. To connect with potential residents sooner and diversify their business lines, many senior living operators launched home health or home care service lines, hoping […]
In the broader at-home care space, Dr. Michael Le is considered an innovator. As the co-founder and former chief medical officer of Landmark Health, he was integral in helping build a company that would eventually catch the eye of UnitedHealth Group’s (NYSE: UNH) Optum. His impressive resume — which also includes time at Optum Home […]
Following the implementation of the Patient-Driven Groupings Model (PDGM) – and during the height of the COVID-19 pandemic – home health providers struggled significantly with Low-Utilization Payment Adjustments (LUPAs). Since then, some providers have found ways to mitigate them, and others haven’t. Broadly, LUPAs occur in fee-for-service Medicare when a provider does not meet a […]
There’s been an anxious buzz in the home health care industry of late. Big moves are happening. Whether those big moves are good for the industry, though, is yet to be determined. Many in the industry are still grappling with that question themselves. As I talked to home health providers and insiders this week during […]
Home-based care insiders are looking on as outsiders come in and sweep up top assets within their industry. There’s the payers, like UnitedHealth Group (NYSE: UNH) and Humana (NYSE: HUM), that are doing so. Then there’s the retailers, such as CVS Health (NYSE: CVS), Walgreens Boots Alliance (Nasdaq: WBA), Best Buy (NYSE: BBY) Amazon (Nasdaq: […]
After the implementation of the Patient-Driven Groupings Model (PDGM), many home health providers began adjusting their clinical strategies. One strategy, for instance, was a larger focus on wound care programs. During the worst parts of the pandemic, many providers similarly invested in respiratory programs to care for highly complex COVID-19 patients. Today, home health providers […]
The home care industry, so far, has had a relatively quiet 2023. Over the past few years, the home care space has been defined by ample private equity investment, aggressive provider roll-ups, exciting Medicare Advantage (MA) developments and innovative cross-continuum partnerships. There has been much less action this year, despite the continued focus on social […]
Amedisys Inc. (Nasdaq: AMED) disclosed Monday that UnitedHealth Group’s (NYSE: UNH) Optum submitted an acquisition bid. That makes for a competition between Optum and Amedisys’ current merger partner, Option Care Health (Nasdaq: OPCH). At this point, it’s unclear whether Optum will ultimately land Amedisys, though early analyst comments suggest Optum’s bid may be more favorable […]