A trustworthy reputation plays a key role in the success of in-home care agencies. But a company’s online presence can easily undermine that reputation impact its overall bottom line. Carl White, the founder and president of MarketVisory Group Inc., discussed the topic earlier this month during the Private Duty Symposium in Naperville, Illinois. The symposium […]
Category: Home Health Care
Throughout 2019, multiple post-acute care leaders have argued that the great SNF-to-home diversion wave has hit its peak. New data suggests they’re right. Home health care has officially surpassed skilled nursing facilities (SNFs) as the most likely post-acute referral destination, according to the latest quarterly trends report from Atlanta-based analytics and metrics firm Trella Health, […]
Most home health companies build their operations by taking care of older adults with chronic medical conditions or those who have recently returned home from the hospital. But one Massachusetts-based provider with its sights set on nationwide growth is taking a very different route. Launched in 2004, Sommerville, Massachusetts-based Nizhoni Health almost exclusively serves complex […]
Private health insurance spending grew by $101.3 billion between 2016 and 2018. Virtually none of that growth was tied to home health care services, however. The insights into private health insurance spending over the past few years come from a recent economic analysis put together by the Partnership to Fight Chronic Disease (PFCD), a Washington, […]
The Patient-Driven Groupings Model (PDGM) is overshadowing the rapid evolution of the industry’s largest home health providers. Over the past several years, home health giants Amedisys Inc. (Nasdaq: AMED), Encompass Health Corp. (NYSE: EHC) and LHC Group (Nasdaq: LHCG) have each graduated from relatively one-dimensional enterprises into fully integrated aging-in-place companies that operate across the […]
The Medicare fee-for-service improper payment rate has fallen once again, thanks largely to the cleaner paperwork and ongoing compliance efforts of U.S. home health providers. Despite clear and steady progress in bringing improper payment rates down, though, the Centers for Medicare & Medicaid Services (CMS) is unlikely to relax its oversight anytime soon, industry leaders […]
LHC Group hires chief information officer LHC Group (Nasdaq: LHCG) has a new IT chief. Earlier this month, the Lafayette, Louisiana-based LHC Group announced that former health insurance veteran Mohammad Ali will join the company as its chief information officer. Ali’s tenure as CIO will officially begin Dec. 2. In his role as CIO, Ali […]
With a focus on institutional referrals and changes to therapy reimbursement, the Patient-Driven Groupings Model (PDGM) is going to rock the Medicare-certified home health world in 2020. But private-pay and non-medical home care agencies may also see bottom-line impacts tied to PDGM. Specifically, PDGM will likely create new opportunities for home care agencies looking to […]
The Patient-Driven Groupings Model (PDGM) will largely come and go, leaving ample growth opportunities in its wake for the market’s biggest home health providers. With that in mind, LHC Group Inc. (Nasdaq: LHCG), has its long-term sights set on landing more value-based payment agreements. That’s according to CFO Joshua L. Proffitt, who discussed PDGM, LHC […]
Over the years, Addus HomeCare Corporation (Nasdaq: ADUS) has faced its fair share of Illinois budget woes. But the company has finally received some positive news, announcing Monday that the Centers for Medicare & Medicaid Services (CMS) has approved two Illinois budgeted rate increases for the next couple years. Combined, the Frisco, Texas-based Addus expects […]