Barb Jacobsmeyer’s takeover of Encompass Health’s (NYSE: EHC) home health and hospice segment took place during abnormal times. For starters, she was replacing a former CEO in April Anthony, who originally founded the segment. She also assumed the role in June, six months after Encompass Health had announced it was pursuing “strategic alternatives” for the […]
The COVID-19 emergency undoubtedly forced the health care sector to reimagine care delivery. In this environment, home-based care and senior care services began to receive more attention than ever from venture capitalists. In recent years, VC firms have poured over $2.5 billion into various senior care and home-based care startups, according to Crunchbase data. This […]
Former U.S. Centers for Medicare & Medicaid Services (CMS) Administrator Seema Verma is bullish on a lot. Speaking at the Home Care 100 conference Tuesday, she expressed enthusiasm for a new era of data-tracking and technology, as well as value-based care, Medicare Advantage and hospital at home. Most noteworthy to the attendees, however, was her […]
The personal home care industry has received unprecedented recognition and praise over the last two years. President Joe Biden and Vice President Kamala Harris explicitly mentioned home care – and home care workers – on the campaign trail and after inauguration. “Just the fact that a sitting president is talking about home care is huge,” […]
While there are thousands of home care agencies operating across the U.S., very few are currently considered true “home care co-ops,” or organizations that are owned and directed by the workers themselves. Some believe that may change moving forward, with the workforce-driven co-op model potentially gaining more popularity amid ongoing labor challenges. “As a member, […]
The home care battles currently taking place in New York are local in theory. But every provider in the industry should be paying attention. The Fair Pay For Home Care Act has reached a Democratic majority in the state Senate, with additional support from the AARP and other advocacy organizations. The legislation, which would raise […]
Earlier this week, Axios reported that Humana Inc. (NYSE: HUM) is gearing up for a sale of Kindred at Home’s hospice business and seeking a multiple of 12 times EBITDA. Two days later, Encompass Health Corporation (NYSE: EHC) reaffirmed its plan to spin off its home health and hospice segment into a new publicly traded […]
The long road that was Encompass Health Corporation’s (NYSE: EHC) journey to finding the right “strategic alternative” for its home health and hospice segment is nearing its end. And while the segment is about to undergo a $13 million to $18 million rebranding as it spins off as Enhabit Home Health & Hospice onto the […]
The hospital-at-home model has finally gained momentum in the U.S. One of the beneficiaries – and drivers – of that is Medically Home. The company had already raised $64 million before two health care titans, Mayo Clinic and Kaiser Permanente, tacked on an extra $100 million to its funding total through a strategic investment in […]
Throughout home care’s ongoing staffing shortage, agencies have deployed a number of tactics to recruit caregivers. Some have even begun looking outside of the home care talent pool altogether. And with good reason. Roughly 599,800 openings for home health and personal care aides are projected on average each year, over the next decade, according to […]
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