CVS Health (NYSE: CVS) recently floated the idea of home health acquisitions and partnerships. Mostly, it has repeatedly doubled down on the idea that it wants to get into the home. Of the driving forces of that is its own insurer, Aetna. What Aetna believes is best for its members and the health of its […]
Honor CEO and co-founder Seth Sternberg has wanted to launch a platform like “Honor Expert” for the last eight years. But the idea of being a liaison to seniors and their families for a wide variety of services – Honor Expert’s goal – wasn’t feasible without some serious scale, which Honor didn’t have in 2014 […]
Home-based palliative care is an untapped business opportunity for many home health and hospice providers in the U.S., but multiple factors continue to hinder near-term scalability. Data on the availability of home-based palliative care is limited, so it’s difficult to pinpoint just how large the market really is. Experts familiar with the space have previously […]
In some ways, preparation and experimentation are two sides of the same coin in that the latter gives way to the former. Over the years, a number of home care franchise companies have added company-owned locations to their larger franchise networks. These locations function as “test kitchens” that allow providers to experiment with new programs […]
Following a record-breaking year for home care, home health and hospice M&A, deal volume took a dive in the first quarter of 2022. In fact, it was record-breaking on the opposite side of the spectrum. Despite the low figures, M&A experts are still optimistic that the number of deals will rebound. A total of 26 […]
The home care industry is changing. Its role in the overall health care system is growing, but the question is whether home care providers are doing enough to keep up with that growth. This is reflected in the contrast between client and caregiver growth. It’s reflected in the urgency to get into value-based models, despite […]
Aging in place is difficult for many Americans, but it’s even more difficult for those living in rural areas. Things are additionally hard on in-home care providers in such parts of the country. To ensure access to home health services, the Medicare program has historically provided a rural add-on payment to agencies, giving them slightly […]
It would be silly to have an argument over whether value-based care is a good principle. That’s unless, of course, you had to parse out what exactly each individual or organization meant when they referred to value-based care. No one would argue – or should argue – that making the health care system more focused […]
The amount of money being invested in the home-based care space has many people excited about the future, particularly as smaller startup companies continue to grow. VC firms have in recent years pumped over $2.5 billion into senior care and home-based care startups, according to Crunchbase data, with notable examples being MedArrive and Sprinter Health. […]
The right partnership can be a powerful tool for businesses looking to expand their service offerings, enhance their internal operations or even gain an edge over competitors. Over the years, home care providers have gone beyond just forming relationships with industry peers. These collaborations have yielded a significant return on investment (ROI) for agencies. In […]
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