The home health industry is at an inflection point. As any year comes to a close – especially 2022 – it’s one of the most interesting times to hear what executives are saying about their own companies and the industry at large. Luckily, earnings calls and investor presentations have allowed us insight into what is […]
Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) continues to struggle just over a year and a half after entering the public market. Despite that, its leaders continue to believe in the home health and hospice business, and where it can take them in the future. “Although Q3 was a difficult quarter for a home health and […]
Even given the home health reimbursement environment, Enhabit Inc. (NYSE: EHAB) still plans to be acquisitive in the home health market as a way to stay on its growth strategy track. It may still be too early to tell if the industry will see continued consolidation, but Enhabit COO Crissy Carlisle believes the home health […]
While the chief people officer (CPO) is a role that has always been common in the tech and startup worlds, in recent years it has begun to make an appearance on the leadership teams of home-based care providers. Broadly, the CPO occupies what was once a human resources (HR) role and widens the scope of […]
Just a week after reports that VillageMD had its eye on Summit Health-CityMD, the former announced that it has entered a definitive agreement to acquire the latter. With investments from Walgreens Boots Alliance Inc. (Nasdaq: WBA) and Evernorth – Cigna Corporation’s (NYSE:CI) health services organization – the deal is valued at $8.9 billion. “You think […]
The path to home-based care is different for all professionals in the space. Inna Plumb, the co-founder and COO of the New York-based MedArrive, took an interesting one as well. Now, her company is one of the most successful startups in the home-based care space. MedArrive, which both coordinates and delivers care in the home, […]
The 2023 home health final payment rule was released Monday. With a positive market-basket update for 2023 but also jarring long-term cuts, it will have ramifications for home health providers for years potentially, barring mitigating legislation or a complete change of course from the Centers for Medicare & Medicaid Services (CMS). But there have been […]
Yet another large home health company is touting its agreements with managed care plans. This time, it’s Enhabit Inc. (NYSE: EHAB). Last week, it was Amedisys Inc. (Nasdaq: AMED) unveiling its agreement with CVS Health’s (NYSE:CVS) Aetna. Between contract agreements and easing labor pressures, Enhabit leaders believe that two of their largest pain points are […]
Nearly five months after the unveiling of the proposed payment rule caused a stir among home health stakeholders and advocates, the U.S. Centers for Medicare & Medicaid Services (CMS) released its final payment rule on Monday. Back in June, CMS proposed a 4.2% aggregate decrease for 2023, a cut the industry at large felt would […]
The U.S. Centers for Medicare & Medicaid Services (CMS) released its FY 2023 home health final payment rule late Monday. It comes with an estimated increase to 2023 home health payments of 0.7%, or $125 million, compared to 2022 aggregate payments. Although it sets up certain financial challenges moving forward, the final rule is better […]
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