Industry experts predict that a potential phase out of home health Requests for Anticipated Payments (RAPs) will likely put several small to mid-size providers out of business. But not everybody is lamenting the Centers for Medicare & Medicaid Services (CMS) proposal. Amedisys Inc. (Nasdaq: AMED) and other large home health providers, for example, have spun […]
Category: Home Health Care
The Ensign Group Inc. (Nasdaq: ENSG) announced Monday that it has named Jennifer L. Freeman to serve as chief financial officer of The Pennant Group Inc., the planned spinoff company launched from Ensign’s home health, hospice and senior living businesses. Freeman is an Ensign veteran, having joined the company earlier this year as CFO of […]
Between 2016 and 2026, at-home care providers in the U.S. will need to find a projected 2.9 million more home health aides and personal care aides to keep up with skyrocketing demand, according to the Bureau of Labor Statistics. Doing so won’t be easy, as many — if not most — providers already face severe […]
Guardian Healthcare resolves allegations Boston-based Guardian Healthcare has entered into a financial settlement with MassHealth, the Massachusetts Medicaid program, according to Law360. The home-based care provider — which offers home health and home care services — agreed to pay $1.95 million to resolve allegations that it submitted Medicaid claims without physician authorization that the services were […]
Brookdale Senior Living Inc. (NYSE: BKD) has tapped a former home-based care supply company executive as its new chief information officer. During a second quarter 2019 earnings call last week, Brookdale leadership announced that Chris Bayham is taking over as its CIO. Bayham takes over for VP Hank Reimer, who had been serving in the […]
An ongoing financial crisis related to phone troubles has put a Texas home health agency “on life support,” according to a local news report. The story further reveals how even a seemingly small disruption to cash flow can put home health providers with tight operating margins underwater. Opened more than two decades ago, Beaumont, Texas-based […]
So far, aging in place has mostly taken a backseat during 2019’s Democratic presidential debates and conversations surrounding Medicare-for-All models. That may be changing — and fast. On Thursday afternoon, presidential hopeful Bernie Sanders sent a message to his more than 8.5 million followers on Twitter: “No senior should have to sell their belongings or […]
A value-based kidney care company is showing what’s possible when it comes to renal treatment in the home — potentially providing a framework for home-based care providers if a variety of newly proposed payment models come to fruition. Since getting started about three-and-a-half years ago, Vienna, Virginia-based Somatus Inc. has served 3,000 patients, doing more […]
In the past couple of years, Alliance Homecare has been able to solidify a name for itself within the industry by positioning itself as a high-end in-home care provider servicing a niche clientele. The company has been able to thrive in the bustling New York market by building partnerships that give its clients access to […]
With a focus on addressing the social determinants of health through non-medical care, health insurance giant Humana Inc. (NYSE: HUM) has set its sights on care in the home. In addition to Humana At Home, the company sends almost 50,000 nurses into the home daily through Kindred at Home, the largest provider of home health […]