Home-based care providers had plenty of COVID-19-related challenges to overcome, including personal protective equipment (PPE) shortages and cash-flow difficulties. Yet caregiver churn remains the top concern for many in-home care operators. It’s one of the greatest roadblocks to growth as well. The public health emergency has only compounded the staffing challenges that have plagued providers […]
Category: Home Health Care
Direct contracting is quickly becoming one of the most prominent examples of the overall shift to value-based care. And home health providers will likely play a critical role in the payment model’s success. Although the Center for Medicare & Medicaid Innovation (CMMI) paused certain direct-contracting options when the new administration took over, it remains an […]
Home-based care veterans finally see a viable way for seniors to be cared for properly after COVID-19 proved a lot of their long-standing hypotheses. Their hope now is that the rest of the health care world notices the power and effectiveness that comes with at-home care. The same holds true for seniors themselves. “I think […]
The COVID-19 public health emergency has solidified the home as a viable and effective care setting. That, in turn, has led to meaningful opportunities for home-based care providers, especially those with diversified service lines. Addus HomeCare Corporation (Nasdaq: ADUS) is a prime example. The company’s leadership team discussed the pandemic and its lasting impacts during […]
In-home care providers ConcertoHealth and Perfect Health merged under the “ConcertoCare” name in February. Since then, ConcertoCare leaders have been preparing for what’s likely to be an action-packed 2021. The New York-based organization’s plans include an expansion into the Program of All-Inclusive Care for the Elderly (PACE) space, plus an entry into the world of […]
The Ohio State University Wexner Medical Center and Alternate Solutions Health Network have partnered to form a new home health joint venture. The mission of the OSU-affiliated JV is to increase access to home-based care. Kettering, Ohio-based Alternate Solutions Health Network is a national provider of post-acute solutions, including home health and hospice services. Meanwhile, […]
Fresh off of its market debut last month, Aveanna Healthcare Holdings, Inc. (Nasdaq: AVAH) is throwing its weight behind home health. Since going public, the company has made moves to position itself as a major player within the home health space. Aveanna plans to aggressively pursue home health M&A opportunities, Rod Windley, executive chairman of […]
Signify Health appoints two VPs Signify Health (NYSE: SGFY) has appointed Tracey Scraba as senior vice president and deputy general counsel. Additionally, it has hired Lisa Wagamon as senior vice president of network development. Dallas-based Signify is a New Mountain Capital portfolio company. It recently went public,posting a market capitalization of $7.12 billion in its […]
The huge demand for nursing talent has left home health providers feeling the pressure of recruitment challenges. Home health giant Encompass Health Corp. (NYSE: EHC) is no exception. Encompass Health CEO Mark Tarr recently discussed the company’s recruitment and retention strategies for nursing staff during a presentation at the UBS Global Healthcare Virtual Conference on […]
Cleamon Moorer Jr. is not a home health lifer, nor is he what you’d call a health care veteran. But he’s thriving in the space nonetheless. After taking over the relatively small American Advantage Home Care in 2019, he strategized to differentiate the agency from its peers. The Dearborn, Michigan-based provider has expanded its client […]