After multiple years of record-breaking M&A activity, home health consolidators are now starting to show an increased interest in organic growth. While the approach to growing a home health business through building existing infrastructure may take longer, the environment in 2022 is more friendly to organic growth than it was during the COVID-19 pandemic. “We […]
On Friday, the U.S. Department of Health and Human Services (HHS) – through the U.S Centers for Medicare & Medicaid Services (CMS) – announced that states would have an additional year to use funding from the American Rescue Plan to both enhance and expand home- and community-based services (HCBS). The news is major for home-based […]
In mid-May, I stumbled upon a story. I had been talking to providers for other assignments when I heard a few of them mention off hand that the staffing situation for their companies had gotten better. Some had reasons why they believed that was turning, while others didn’t offer anything but gratitude that it was. […]
With wound care services becoming more prevalent in the home health care world, the risk of being liable for negligence has become greater for providers. Due to the Patient-Driven Groupings Model (PDGM) and changing demographics — among other reasons — wound care has gotten more popular among home health care providers of late. And yet, […]
In order for AccordCare to reach its goals of becoming a nationally recognized provider, the Marietta, Georgia-based company is dedicated to offering a diversified set of services to its clients. Brandon Ballew, the CEO of AccordCare, is a former Kindred at Home executive. But as the home health industry changed, he saw increased opportunity on […]
In the animal kingdom, there’s strength in numbers, especially among creatures that find themselves toward the bottom of the food chain. This concept is also true in today’s hyper-competitive health care sector. Increasingly, smaller providers with relatively limited resources and reach are teaming up in the form of “collaboratives,” “alliances,” “networks” or “partnerships.” Nowhere is […]
For a while now, home care giant BrightStar Care has gone above and beyond the standard franchise model. It introduced senior living communities into its network to assist seniors with their care transitions while maintaining those clients. Recently, it has launched its new “care homes,” a twist on those senior living communities. BrightStar has always […]
While the appetite for home health and home care dealmaking remains strong, other health care subsectors are catching up. Coming off a record-breaking 2021 for M&A activity, the home-based sector saw a slightly down Q1 in 2022. However, experts have told Home Health Care News that M&A players are taking their time with deals, and […]
When Margaret Haynes was appointed CEO of Right at Home in April, she had already established herself as a veteran within the company. Since 2014, she has served as chief operating officer. She first joined Right at Home in 2011. What many do not know is that Haynes has not only served as one of […]
Aging-in-place enabler Homethrive has raised an additional $20 million in Series B funding. For Homethrive, the funding round – led by Human Capital, with participation from Allianz, 7wireVentures and Pitango HealthTech – will go toward its “aggressive expansion” plans and further technology investments. And for similar senior-focused startups, the infusion of capital shows that VC […]
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