Seniors’ overwhelming preference to receive care and remain in their homes has opened the door for companies looking to disrupt the aging-in-place sector. One startup, UpsideHōM, is doing this with its tech-enabled co-living space for older adults. As part of its business model, the company creates co-living environments by partnering with existing apartment complexes and […]
Alivia’s new home health transaction Alivia Care Inc. has acquired Summerfield, Florida-based home health provider Better Life Home Health. Financial terms were not disclosed. Alivia Care is the parent company of Jacksonville, Florida-based Community Hospice & Palliative Care, which provides services for more than 1,200 patients across Florida. In total, the deal puts Alivia Care […]
President Joe Biden’s recent executive order on “Promoting Competition in the American Economy” has, overall, 72 separate initiatives that it is looking to push forward. But one of the main ones takes on something that is very prevalent in home-based care, often from the executive level on down: non-compete agreements. Specifically, the executive order requests […]
Honor captured most of the headlines last week when the San Francisco-based company announced it had acquired Home Instead Inc., the international home care franchiser founded by Paul and Lori Hogan more than 25 years ago. Even as somebody who follows both Honor and the home care franchising world closely, this deal caught me off […]
In June, the U.S. Centers for Medicare & Medicaid Services (CMS) proposed to expand the Home Health Value-Based Purchasing (HHVBP) Model to all 50 states starting next year. The Visiting Nurse Service of New York (VNSNY) is among the home health organizations excited about the move’s potential to better align care and reimbursement, CEO Dan […]
Since the onset of the COVID-19 emergency in early 2020, home-based care providers have had to navigate seemingly countless challenges around keeping both patients and staff safe. Providers are now gearing up to face a new and more aggressive strain of the coronavirus: the Delta variant. Among its major distinctions, the Delta variant is more […]
Non-medical home care was on the rise prior to 2020, as Medicare Advantage plans and health systems began investing more heavily around social determinants of health and activities of daily living. The COVID-19 pandemic, however, has arguably made home care the hottest corner of the senior care world. There are dozens of home care companies […]
ModivCare expands into remote patient monitoring ModivCare Inc. (Nasdaq: MODV), a diversified health care services company with a large personal care business, has signed an agreement to acquire VRI Intermediate Holdings LLC, a provider of remote patient monitoring solutions. Under terms of the agreement, the Denver-based ModivCare will acquire 100% of VRI for a purchase […]
Home care hasn’t always had a reputation for great employee perks or benefits packages, but a handful of providers are beginning to change that. In other sectors, including the technology and startup worlds, perks like free daily meals, access to wellness programs and 401(k) matching, with stock options, are relatively common. Some home care operators […]
Barb Jacobsmeyer is the new head of Encompass Health’s (NYSE: EHC) home health and hospice segment, taking over following the departure of former CEO and founder April Anthony. Previously the head of the Birmingham, Alabama-based company’s in-patient hospitals segment, Jacobsmeyer takes the helm at a point when Encompass Health is nearing a conclusion on its […]
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