Year after year, startups in the health and wellness space capture more venture capital dollars than almost any other business sector, apart from maybe cybersecurity or financial technology. Despite VC’s heavy focus on health, early-stage companies that specifically operate in the aging services and senior care arenas often go overlooked. Launched in July by one […]
Home health providers that have been waiting for the Medicare advance and accelerated loan repayment process to begin will have to wait a little bit longer. While the U.S. Centers for Medicare & Medicaid Services (CMS) has yet to release an official statement, Administrator Seema Verma has confirmed the agency will hold off on the […]
Years ago, before brick-and-mortar offices were needed to house the complex medical equipment used by health care professionals, the majority of doctor-patient interactions took place in the home. The combination of value-based care initiatives, Medicare Advantage (MA) growth and the COVID-19 emergency has now created a perfect storm for making home-based primary care mainstream again. […]
For most in-home care providers, the uncertainty caused by the impact of the public health emergency still casts a wide shadow. That’s according to recent findings from an Axxess-HHCN survey released earlier this week. The survey, conducted online from July 14 through Aug. 3, included responses from more than 300 home-based care professionals. Of those […]
CareFirst BlueCross BlueShield and MedStar Health are teaming up on a new value-based health care initiative aimed at improving affordability, accessibility, quality and patient experience for the communities they serve. Announced Wednesday, the new value-based care partnership will prioritize positive patient outcomes and value, as opposed to a more traditional payment approach built on the […]
When Dr. Cleamon Moorer, Jr., acquired American Advantage Home Care Inc. in June 2019, he understandably envisioned the Patient-Driven Groupings Model (PDGM) being his business’s No. 1 challenge in the year ahead. But then the COVID-19 virus came along, forcing Moorer to totally rethink his home health agency’s priorities and future plans. So far, that […]
Jet Health acquires Carrington Hospice Care Home health provider Jet Health Inc. announced it has acquired Carrington Hospice Care Inc. Irvine, California-based Jet Health provides physical, speech and occupational therapy services, plus skilled nursing, hospice and personal care. Medical social services are also part of Jet Health’s business mix. The company operates in Texas, New […]
Since the implementation of the Patient-Driven Groupings Model (PDGM), home health providers have taken a number of measures to ensure success amid the payment shakeup. Two of PDGM’s biggest changes are the model’s new 30-day billing periods and how it handles therapy reimbursement. One provider — Recover Health — has chosen to extend plans of […]
Job seekers have long had the upper hand when it comes to hiring in the home health and home care markets. But that’s quickly changing, new data suggests. For years, both home health and home care agencies have struggled to hire enough workers to meet demand for their services, which continues to skyrocket as America’s […]
For LHC Group Inc. (Nasdaq: LHCG), the potential to capture patients otherwise headed toward skilled nursing facilities (SNFs) remains a vast area of opportunity. Leaders from the Lafayette, Louisiana-based company again drove home that point during a presentation at the 2020 Baird Global Healthcare Conference on Wednesday. The home health giant has been extremely bullish […]