Home care provider Nova Leap has made meaningful improvements in all major financial categories, except one. Driving organic revenue has been a persistent challenge for the company, but its leadership has laid out a plan to foster long-term improvement. Nova Leap is better positioned to pursue organic revenue growth now compared to recent years because […]
Expert schedulers who can orchestrate complex patient visits are integral to home-based care agencies. Their role proves mission-critical to smooth operations, but ineffective scheduling can severely undermine both patient care and business performance. The role of scheduler at a home-based care company often functions as an expert puzzle solver. Broadly, schedulers are responsible for coordinating […]
The need for in-home care in rural areas has increased rapidly, coinciding with the aging of the Baby Boom generation, which is driving industry growth. Yet opportunities for providers to meet the growing need in rural spaces are countered by a slew of challenges. Home health care providers serving rural areas must overcome staffing and […]
As the demand for in-home services continues to rise, agency owners need to understand the key factors that appeal to investors to position themselves successfully for acquisition opportunities. While the home health care sector offers significant investment prospects, not all agencies will attract every investor. Agency owners can enhance their appeal by focusing on firm […]
Staffing shortages, reimbursement cuts, staying competitive in a crowded market, the rising cost of care — if you ask home-based care providers about the challenges they’re currently facing, these are some of the responses you will receive. Despite these headwinds, some home-based care leaders have a much sunnier 2025 outlook than one would expect–or at […]
Earlier this month, Aveanna Healthcare Holdings (Nasdaq: AVAH) announced plans to acquire Thrive Skilled Pediatric Care for $75 million. This acquisition enhances Aveanna’s presence in several states where it operates and extends its footprint into two additional states. The Wakefield, Massachusetts-based Thrive operates 23 locations across Arizona, Georgia, Kansas, New Mexico, North Carolina, Virginia and […]
Leaders at some of the top home-based care companies are figuring out new ways to respond to financial and operational challenges, forge new growth pathways, and embrace innovative clinical models. One of these leaders is Adam Thomas, chief administrative officer at LifeCare Home Health Family. At the moment, the company is going through a rapid […]
The U.S. Department of Justice’s (DOJ) lawsuit against Amedisys Inc. (NASDAQ: AMED) and UnitedHealth Group (NYSE: UNH) will go to mediation on Aug. 18. The DOJ sued the two companies starting in November of last year to block the UnitedHealth Group subsidiary Optum from acquiring Amedisys due to antitrust concerns. The case will now go […]
Payment rates for at-home care providers have been a major theme of the past week, with the arrival of a final Medicare Advantage (MA) rule from the Centers for Medicare & Medicaid Services (CMS), and Medicaid remaining in the crosshairs of federal budget action. We also tackled building margin and financial resilience in our latest […]
In addition to providing excellent patient care, home-based care providers must be well-versed in matters of public policy, according to Dr. Steven Landers, CEO of the National Alliance for Care at Home. Changing regulations and workforce shortages have created a churning undercurrent of risk in both the home health and hospice industries, Landers said. In […]
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