One of the publicity issues home-based care faces is that most people don’t even understand the difference between home health care and home care, much to the chagrin of industry veterans in both sectors. But in the future, those same leaders are bullish on the merging of those two types of care. Home care and […]
The need for home-based care is drastically increasing. All the while, providers are dealing with an unabated staffing problem. That’s why, in order to succeed in the future, many provider leaders believe that the gap needs to be bridged by the right technology solutions. “We know that most adults want to age in place at […]
Living in an urban area typically offers greater access to a wider range of home care services than living in a rural area. Urban residents generally have more choices regarding providers and facilities, while those in rural areas face challenges such as longer travel distances, limited provider availability and potential concerns about the quality of […]
Compassus – one of the largest home-based care organizations in the U.S. – takes a unique path to growth. Of late, the company has formed new joint ventures with prominent health systems. Those JVs come with advantages. “I think that’s a differentiator for us,” Compassus CEO Mike Asselta recently told me. “It’s something that’s really […]
Elevance Health to acquire CareBridge Elevance Health (NYSE: ELV) is emerging as another “payvider.” It announced last month that it has agreed to acquire the home-based care company CareBridge. The deal is reportedly worth $2.7 billion. CareBridge is a value-based solutions platform for home- and community-based services. After its founding in 2019, the company raised […]
With the passage of the most recent home health final rule, providers are reminded that clawbacks are still hanging over their heads. Broadly, temporary cuts, or clawbacks, are an attempt from the U.S. Centers for Medicare & Medicaid Services (CMS) to recover perceived overpayments from home health providers in relation to the shift to PDGM. […]
Medicare Advantage (MA) companies have faced an unfavorable rate and regulatory environment over the last couple of years. That has given home health providers hope that MA penetration may cool off. It also has given them a bit more leverage in negotiations. Plans will see a 0.16% decrease to core payments in 2025, a second-straight […]
Home care medicine has expanded significantly since the COVID-19 pandemic, with increasing demand from patients and improved payment models – in some cases. This shift has increased the need for a larger home-based care workforce, one filled with individuals that understand the ins and outs of treating people in their homes. The number of hospital-at-home […]
As home-based care leaders seek new business opportunities, rolling out new product or service lines can be an avenue for achieving growth. But those new service lines can also have considerable financial consequences if things go awry. One company with extensive experience launching new service lines is Choice Health at Home. Tyler, Texas-based Choice provides […]
The home infusion industry is experiencing significant growth due to the increasing number of aging patients wanting to remain in their homes. However, like many areas of home-based care, reimbursement isn’t keeping up with the cost of care. Driven by an emphasis on cost-effectiveness, containment and the desire for patients to remain at home while […]
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