Anywhere from 13,000 to 18,000 agencies make up the highly fragmented home care market. “Whatever the real number is, no one really knows,” Kunu Kaushal, founder and CEO of Senior Solutions Home Care, said last week at the Home Health Care News Home Care Conference. A big chunk of that market belongs to agencies that […]
It has never been more challenging to be a home health operator. At the same time, there has never been more upside. That’s the general census of home health executives as 2021 comes to a close. Looking ahead to next year, many believe unprecedented labor struggles are likely to continue, though technology and the use […]
The measurements used to track the home health industry could use some updating to better align perception with reality, according to the Medicare Payment Advisory Commission (MedPAC). And interestingly enough, access may be one of the rare occasions where on-the-ground evidence tells a truer story than available data. “The access to home health appears to […]
Home-based care providers are short on workers. It’s the largest, most universal issue facing the home care and home health industries right now. And the problem is being worsened by bottom-line headwinds that come with hiring contract workers meant to fill the void. Almost every publicly traded home health company mentioned the drag that contract […]
A number of organizations – including the top advocacy organization for older Americans – have recently formed relationships underscoring the important roles of home modification and safety in the aging-in-place process. TruBlue Total House Care, for example, has formed a partnership with The Helper Bees. As part of the arrangement, TruBlue’s services will be offered […]
In 2013, the Obama administration included live-in caregivers in U.S. wage and overtime law. Previously, those caregivers – along with salaried workers – had been exempt from overtime provisions. The administration’s goal at the time was to raise caregiver wages. That has certainly happened, albeit in a small number of cases. Mostly, though, the Obama-era […]
In 2020, Walgreens Boots Alliance (Nasdaq: WBA) announced that it would be investing $1 billion in a relatively new primary care company: VillageMD. Since that point, the home- and community-focused VillageMD has thrived in the partnership with the behemoth retailer, so much so that Walgreens invested another $5.2 billion in the company this October. Despite […]
America’s biggest health care companies continue to focus on home-based care and aging in place as 2022 approaches. That includes CVS Health Corporation (NYSE: CVS) subsidiary Aetna. Among its home- and community-based care initiatives, Aetna is doubling down on the use of telehealth and leaning into the CVS HealthHUB network, which offers seniors a range […]
Home health operators each year have to adapt on a number of different fronts, from relatively minor coding updates to major payment adjustments. But in addition to the more run-of-the-mill items, providers occasionally have to navigate macro-level forces that literally change the industry itself. At least four such forces will redefine home health care in […]
The initial health care worker vaccine mandate laid out by the Centers for Medicare & Medicaid Services (CMS) was a cause for confusion for some home health providers when it was announced officially in early November. Now that a nationwide injunction has been issued by a federal judge with key deadlines rapidly approaching, that confusion […]
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