It has been well documented that seniors can benefit from regular physical activity. As home-based care providers look to expand their services and differentiate their brands, fitness and wellness offerings likely offer a strong return on investment. SilverSneakers has seen how fitness can improve health outcomes in seniors firsthand. Nashville, Tennessee-based SilverSneakers is a community-based […]
Despite staffing pressures, increased expenditures and other challenges tied to the COVID-19 pandemic, The Pennant Group Inc. (Nasdaq: PNTG) reported a record first quarter for its home health and hospice segment in 2021. The Eagle, Idaho-based home health, hospice and senior living operator expects more growth for the segment over the rest of the year, […]
When Brookdale Senior Living Inc. (NYSE: BKD) was looking at prospective buyers of its home health and hospice segment, it was in a vulnerable position. Its home health business had been “disappointing” at times, in the words of Brookdale President and CEO Cindy Baier. Occupancy in its senior living segment was falling during the COVID-19 […]
From the halls of Congress to the desk of President Joe Biden, home health providers have been generally encouraged by the federal government’s increased focus on home-based care. In the present, that sense of encouragement comes from billions of dollars in funding for home- and community-based services (HCBS), plus regulatory waivers for telehealth, paperwork requirements […]
Senior Helpers announces senior director of strategic programs Senior Helpers has named David Chandler its senior director of strategic programs. Maryland-based Senior Helpers is a home care franchise organization that operates across 44 states. The company — recently acquired by the investment arm of Advocate Aurora Health — has over 320 locations worldwide. In his […]
Post-acute care patient volume continues to rebound, with home health agencies recovering much more rapidly than skilled nursing facilities (SNFs). That general statement has been true for the past few months. But now, new data suggests the volume shift is likely part of a long-lasting trend, according to Tom Martin, director of post-acute care analytics […]
Home health providers of all shapes and sizes are currently taking a good, hard look at themselves in the mirror. For the Atlanta-based Visiting Nurse Health System (VNHS), that self-reflection has meant redefining relationships with payers, reprioritizing internal operations and recommitting to talent acquisition, according to Dorothy Davis, the nonprofit’s president and CEO. “In the […]
The Biden administration is releasing $1.4 billion in funding from the American Rescue Plan for Older Americans Act programs. Distributed by the Administration for Community Living, a chunk of the funds will go toward home- and community-based services. President Joe Biden originally signed the American Rescue Plan, a COVID-19 relief package, into law on March […]
Once its 100% acquisition of Kindred at Home is finalized, Humana Inc. (NYSE: HUM) believes it will become one of the premier home health care providers in the entire country. It certainly has the resources to be just that. That’s partly because the payer-provider hybrid is also directly contracting with traditional Medicare through the Global […]
Typically, when executives talk about their companies “having to weather the storm,” they’re speaking figuratively. That wasn’t the case for Addus HomeCare Corporation (Nasdaq: ADUS) on Tuesday. Addus CEO and Chairman Dirk Allison talked about the negative impact that the February winter storms had on the home-based care provider’s business during the company’s Q1 2021 […]
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