Hoping to create new revenue streams, home health agencies are more frequently turning to Medicare Part B. In fact, some agencies are finding that delivering services under Part B is a natural progression for them. In the case of First Choice Home Health and Hospice, deciding to offer Medicare Part B services was a case […]
Spending on home health care services is down substantially under the Patient-Driven Grouping Model (PDGM), a recently unveiled analysis suggests. While the Bipartisan Budget Act of 2018 requires PDGM to be budget neutral, spending on home health care has actually been about 21.6% lower than projected, according to a detailed analysis from Dobson DaVanzo & […]
Actinium Healthcare Holdings — a Dallas, Texas-based private equity firm — has acquired Central Home Health Services of Texas Inc. The PE firm announced the acquisition last week, touting it as a stepping stone toward building a broader health care platform company. The financial terms were not disclosed. Houston, Texas-based Central Home Health Services of […]
For decades, home health agencies have learned to operate — and often thrive — in the midst of massive change. But since the start of 2019, that change has felt overwhelming for some agency owners, particularly those who run mom-and-pop businesses with razor-thin margins. Above all, perhaps, the decision by the Centers for Medicare & […]
An increase in bankruptcy filings in the second quarter of 2020 paints a bleak picture for the health care world, both on near- and long-term bases. But the impact of that financial distress on home health providers remains difficult to gauge. In part, it’s challenging to gauge how home health providers will respond in a […]
In order for home health providers to see reimbursement success, they need to be able to separate myths from facts when it comes to the Patient-Driven Groupings Model (PDGM). But one specific point of confusion has been primary diagnosis clinical groups. “There are a lot of rumors and myths floating around out there,” Robbi D. […]
The U.S. Centers for Medicare & Medicaid Services (CMS) officially closed its public comment window for the 2021 proposed home health payment rule on Monday. Unlike the past couple of years, the latest proposed payment rule included relatively minor changes and rate adjustments for the year ahead. In light of the mild proposal, CMS only […]
EvergreenHealth Home Care — one of the largest home health and hospice providers in the Pacific Northwest — is the home health industry’s “pandemic pioneer.” Affiliated with a local hospital based just outside of Seattle, EvergreenHealth Home Care began caring for its first COVID-19 patients toward the end of February, several weeks before many of […]
One of the largest home care franchises in the country is teaming up with one of the nation’s largest home health providers. Chicago-based BrightStar Care signed a care coordination agreement with Baton Rouge, Louisiana-based Amedisys Inc. (Nasdaq: AMED), adding BrightStar’s agencies to Amedisys’ personal care network. The personal care network’s goal is to facilitate care […]
In March, some home care agencies were gearing up for COVID-19 outbreaks in their areas, contemplating tough decisions like whether they’d accept positive cases — or do everything possible to avoid exposure. Since then, many have made the decision to take those patients. And those that have are now wearing treated cases on their sleeves […]
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