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 […]
When putting together a list of home health giants, Intrepid USA Healthcare Services sometimes gets overlooked. The Texas-based Intrepid USA has more than 60 locations spanning 17 states and a company history that goes back over five decades, but it mostly operates in rural areas. Its CEO, John Kunysz, often refers to Intrepid as a […]
Private equity firm Wellspring Capital Management has reached a deal to acquire Caring Brands International, the parent company of Sunrise, Florida-based Interim HealthCare. The deal, announced early Monday, is yet another example of PE players becoming more involved in the home-based care space, especially when it comes to home care franchise organizations. There have been […]
Kaiser Permanente is one of the largest health systems and health plans in the entire U.S. And while home-based care has always been a part of the system’s integrated model, it now has its own division, “Care at Home,” underneath the massive brand’s umbrella. Angel Vargas has been enlisted to lead the budding enterprise in […]
Since its introduction in the U.S. Senate in July, the Choose Home Care Act of 2021 has been a hot topic among home health leaders. Most have overwhelmingly embraced the legislation as a major step forward for home-based care. One of these leaders is none other than Keith Myers, chairman and CEO of LHC Group […]
Another big home-based care player is going public. BrightSpring Health Services filed the paperwork for a $100 million initial public offering on Monday, realizing the long-time speculation of industry insiders who believed an IPO was just a matter of time for the Louisville, Kentucky-based company. “We are an essential part of our nation’s health delivery […]
In August, home care technology company Honor announced it acquired Home Instead Senior Care, one of the largest in-home aging services providers in the world. As a result of the deal, the combined Honor-Home Instead enterprise now represents more than $2.1 billion in home care services revenue. That size and scale will help the pair […]
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