The U.S. Centers for Medicare & Medicaid Services (CMS) released a fairly negative proposed payment rule for the home health industry on Friday. Specifically, the proposal includes a 4.2% decrease to payment rates that, if finalized, dumps cold water on an industry that’s just starting to heat up again. Though CMS’ unveiling of the proposed […]
At the Halifax, Nova Scotia-based Nova Leap, the expression Thank God It’s Friday (TGIF) has taken on a whole new meaning. Over the years, the company – which is a rapidly growing home care services company that operates in the U.S. and Canada – has become a regular on the M&A scene. Typically, the company […]
The U.S. Centers for Medicare & Medicaid Services (CMS) released its FY 2023 home health proposed payment rule late Friday. It comes with a decrease to payment rates by 4.2%, or $810 million less compared to 2022 rates. Overall, the proposed rule looks to be one that will be disappointing to providers, and one they […]
Last Thursday, I moderated three panels at Home Health Care News’ VALUE event, sat in on another three and talked to dozens of attendees, both on the record and off. There were plenty of highlights and insights that came from those conversations. And while everyone seemed to not only have a good time, but also […]
Despite being a significant regulatory change to the home health care industry, some providers aren’t so sure whether the Home Health Value-Based Purchasing (HHVBP) Model will have that significant of a bottom-line impact. The proposed model is constructed in such a way where the very best performers receive the largest payment boost, with a maximum […]
While the majority of their services and energy is concentrated in U.S. markets, a number of home-based care providers are continuing to see the value in participating in international markets. By providing services to countries around the world — whether directly or through franchisees — several U.S.-based companies have taken advantage of demand overseas by […]
Aetna is one of the most influential health care companies in the country. It’s also heavily invested in home-based care. Aman Gill, Aetna’s director of product strategy and innovation, told Home Health Care News last month that a home health acquisition was “on the table” for the company. This past week, at HHCN’s VALUE event, […]
Shifting health care payer trends have home-based care providers stuck between two battling business decisions: “adapt or die,” or sustainability. Those two decisions may look like one in the same to outsiders, but for home care operators grappling with whether to engage with Medicare Advantage (MA), they sometimes posit providers on different sides of the […]
As more home care franchise companies begin to embrace company-owned or corporate-owned locations, veterans in the space are analyzing the return on investment of their long-held locations. While company-owned locations are more recent additions at a number home care agencies, BrightStar Care got its start with a handful of company-owned locations in 2002. In fact, […]
The ability to deliver higher-acuity care in the home is now table stakes. That’s especially true for health plans and health systems following the introduction of the COVID-related Acute Hospital Care at Home Waiver by the U.S. Centers for Medicare & Medicaid Services (CMS) in November 2020. Eventually, though, the public health emergency is going […]
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