Amedisys finalizes Asana Hospice deal Shortly after acquiring Compassionate Care Hospice in 2018 for $340 million, Baton Rouge, Louisiana-based home health giant Amedisys Inc. (Nasdaq: AMED) hinted at its desire to wade deeper and deeper into the hospice pool. The company has lived up to those plans ever since. On Thursday, Amedisys announced it closed […]
Category: Home Health Care
For home health providers trying to survive the fundamental shift that is the Patient-Driven Groupings Model (PDGM), leveraging resources as efficiently as possible will be especially important. For Advocate Aurora Health’s post-acute care division, that means improving outcomes around wound care through enhanced training and education. It’s a clinical pathway several industry experts and consultants […]
Home Instead names company vet president Home Instead Inc. has named its global chief information officer, Jim Hood, as its new president. Home Instead Inc. is the Omaha, Nebraska-based franchise company that runs Home Instead Senior Care, a provider of in-home care services with over 1,000 independently owned and operated offices worldwide. With more than […]
Immediately following the Oct. 1 rollout of the Patient-Driven Payment Model (PDPM), news broke about widespread therapy staff layoffs throughout the skilled nursing industry. The layoffs have continued — at a staggering pace — in the months since. While PDPM is inherently different than the home health industry’s upcoming Patient-Driven Groupings Model (PDGM), the reimbursement […]
When the year began, Massachusetts-based HouseWorks was expanding farther south. As 2019 comes to a close, it’s now expanding farther north. After moving into the Philadelphia market in January by acquiring Caring Friends Home Care, the innovative, in-home care company HouseWorks made its next move by acquiring Extended Family, which moved it into New Hampshire […]
The Patient-Driven Groupings Model (PDGM) is nearing “prime time,” though fears about home health industry destabilization remain. As the largest payment overall to the Medicare home health benefit in decades, PDGM alone runs the risk of negative disruption. When matched with other regulatory headwinds rising at the same time, that risk is drastically magnified, according […]
Hospital-at-home patients are less often readmitted within a 30-day period after discharge than people who were treated in a traditional hospital, a recent study published in the Annals of Internal Medicine has found. As part of the study — led by Brigham and Women’s Hospital and Partners HealthCare System — researchers conducted a randomized controlled […]
Despite the growing need for palliative care services, only 10% of programs are operated by home health agencies. That’s according to a recent report from the Center to Advance Palliative Care (CAPC), a New York-based nonprofit organization. In order to better understand the current palliative care landscape outside of hospitals and acute settings, CAPC conducted […]
Humana to acquire Enclara Consonance Capital Partners, a health care investment firm, has agreed to sell Enclara Healthcare to Humana Inc. (NYSE: HUM). The transaction includes the privately held pharmacy company’s subsidiaries Enclara Pharmacia, GuidantRx and Avanti Health Care Services. The deal is expected to close during the first six months of 2020. For Louisville, […]
In order to help health care organizations navigate post-acute care industry headwinds in 2020, M&A advisory firm Stoneridge Partners has launched the Stoneridge Strategic Consulting Group. The newly launched department will fall under the leadership of industry thought-leader Tom Lillis. The Stoneridge Strategic Consulting Group will provide consultation for health care organizations seeking to combat […]
Subscribe
Receive industry updates and breaking news from HHCN