While the COVID-19 crisis’ primary effect on the home care industry may have been temporary, its secondary effects could be more long-lasting. The same idea holds true for other aging services providers as well. A recent report from the American Health Care Association (AHCA) highlighted the economic headwinds that providers are facing even as the […]
If you dig into the home health market, you’ll find that a lot of providers look very much alike. Overall, the home health market is made up of several thousand different players, from smaller mom-and-pop shops led by mission-driven nurses to multi-million-dollar behemoths led by savvy health care veterans. Yet for the most part, many […]
LHC Group Inc. (Nasdaq: LHCG) and SCP Health on Wednesday announced a new strategic partnership aimed at providing higher-acuity care in the home. By joining forces, LHC Group and SCP Health — two very familiar companies with deep Louisiana roots — hope to build the framework for a range of plug-and-play home-based care solutions that […]
In an effort to ensure health equity, the Visiting Nurse Service of New York (VNSNY) has launched a new care delivery model geared toward self-identified members of the LGBTQ community. “We listened to the community. They really wanted us to develop an LGBTQ+ program,” Arthur Fitting, LGBTQ+ program manager at VNSNY, told Home Health Care […]
Aging-in-place company Amedisys Inc. (Nasdaq: AMED) on Wednesday announced plans to acquire hospital-at-home pioneer Contessa Health for $250 million. From a nuts-and-bolts perspective, the deal — expected to close later this summer — makes a ton of sense for Amedisys. Among the strategic benefits, for example, it gives the Baton Rouge, Louisiana-based company an unprecedented […]
The U.S. Centers for Medicare & Medicaid Services (CMS) released its FY 2022 home health proposed payment rule on Monday, while simultaneously announcing plans for the nationwide expansion of the industry’s value-based purchasing demo. While just a few days have gone by, home health stakeholders have already started to zero-in on several key areas — […]
The private equity firm Coltala Holdings has acquired a stake in Choice Health at Home, a growing home-based care provider based in Texas. Financial details were not disclosed. The capital and other resources from Coltala will help Choice become a larger home health player across the South. Additional aspects of the deal reflect larger trends […]
“Choose Home,” major legislation designed to help more people age in place, is gaining momentum on Capitol Hill. There’s even a chance a Choose Home bill is introduced before Congress’s July 4 recess. That’s according to National Association for Home Care & Hospice (NAHC) President Bill Dombi. If introduced and eventually enacted, Choose Home would […]
The U.S. Centers for Medicare & Medicaid Services (CMS) on Monday proposed plans to expand the Home Health Value-Based Purchasing (HHVBP) model nationwide by the start of next year. The agency did so in its proposed payment rule for 2022. In addition to the HHVBP expansion, CMS proposed to increase Medicare payments to home health […]
Home care providers are increasingly working to diversify their payer mix, in some cases aggressively shifting away from predominantly private-pay revenue structures. Unlike most senior care providers working under Medicare, Medicaid or private insurance, home care agencies have typically operated within the private-pay model. In recent years, this has slowly begun to change. Last year, […]
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