The Pennant Group Inc. (Nasdaq: PNTG) has fallen short of its own goals. At the top of the company’s earnings call Tuesday, Pennant CEO Danny Walker called its Q3 2021 performance “sobering” in relation to its high expectations. Eagle, Idaho-based Pennant’s network includes 87 home health and hospice agencies, plus 54 senior living communities. The […]
Since the Centers for Medicare & Medicaid Services (CMS) released its interim emergency regulation relating to the federal government’s vaccine mandate last Thursday, more clarity has come to the surface. Specifically, CMS has made clear what health care providers are included, what individuals can be exempt and how the mandate will be enforced. What came […]
Now that the final home health payment rule for 2022 has been floating around for a few days, industry insiders have had time to pick it apart and zero in on key changes, including the nationwide expansion of the Home Health Value-Based Purchasing (HHVBP) Model. A significant difference between the finalized expansion of HHVBP and […]
The Biden-Harris administration announced in September that all U.S. health care workers would be required to get vaccinated as part of its six-pronged national COVID-19 strategy. Since then, the U.S. Centers for Medicare & Medicaid Services (CMS) has been putting together its guidance to help steer that process. The agency released its interim emergency regulation […]
Since Amedisys Inc. (Nasdaq: AMED) announced its $250 million acquisition of the hospital-at-home enabler Contessa Health in late June, it has had to answer several questions about the deal’s merit. On Wednesday, Amedisys leaders again expressed unabashed enthusiasm over the deal, further explaining why Contessa makes sense for the company’s strategy moving forward. “Our goal […]
In terms of financial results, Addus HomeCare Corporation (Nasdaq: ADUS) is coming off a record third quarter. The Frisco, Texas-based home health, hospice and personal care services provider has plenty of challenges ahead, however, including the difficult labor landscape that’s about to become even more complex thanks to federal COVID-19 vaccination rules. Somewhat diminished M&A […]
Humana (NYSE: HUM) continues to bet on the home as a main site of care. In addition to its multi-billion dollar purchase of Kindred at Home, the insurer has also formed partnerships with home-focused companies such as Heal, DispatchHealth and Papa, among others. Dr. Amal Agarwal, the VP of home solutions for the Louisville, Kentucky-based […]
Everyone wants to know what Walgreens Boots Alliance’s (Nasdaq: WBA) health care strategy is. Over the past month, it has become increasingly clear. On Oct. 14, the company made another investment in the primary care company VillageMD. The price tag was $5.2 billion for Walgreens, following a $1 billion investment in VillageMD last year as […]
Two days after Encompass Health (NYSE: EHC) filed a lawsuit against its former home health and hospice segment CEO for allegedly violating her non-compete agreement, the company gave a little more insight into what was next for the business. “We’re taking a step further today in saying that we now believe that separating [the home […]
Over two years after spinning off from The Ensign Group (Nasdaq: ENSG), Eagle, Idaho-based The Pennant Group (Nasdaq: PNTG) stands at 87 home health and hospice agencies, plus 54 senior living communities. The company has locations throughout 14 states overall. The Pennant Group is, no doubt, a large-scale provider with plenty of resources at its […]
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