LHC Group (Nasdaq: LHCG) has long been known for its joint venture strategy, in which it teams up with hospitals and health systems to take over operations of their home health units — but those partnerships go beyond just a pure expansion strategy for the Lafayette, Louisiana-based company. JV partnerships have been key to helping […]
Category: Home Health Care
Starting in 2021, Medicare patients could have access to a new permanent home infusion benefit. The Center for Medicare & Medicaid Services (CMS) proposed the benefit in July as part of its proposed home health payment rule, with the goal being to move more care into the home. While some view the proposed benefit as […]
As the health care industry continues to place increased value on lowering hospital readmission rates and curbing costs, companies that aid in those efforts are making a name for themselves — especially among investors. Such is the case for Health Recovery Solutions (HRS), who recently received a $10 million Series B investment from Edison Partners. […]
In the midst of an increasingly dire caregiver crisis, 2019 has seen a number of labs and training programs launch for home-based care workers and nurses. Among the latest is thanks to LHC Group Inc. (Nasdaq: LHCG), which teamed up with South Louisiana Community College (SLCC) to form a new home health lab that will […]
For most home health providers in the U.S., adapting to the Patient-Driven Groupings Model (PDGM) remains priority No. 1 for the rest of 2019. That’s certainly true for Birmingham, Alabama-based Encompass Health Corp. (NYSE: EHC), though the national operator of both in-patient rehabilitation hospitals (IRFs) and home health agencies is also actively looking to improve […]
It’s already been a busy year for Interim HealthCare Inc. President and CEO Jennifer Sheets, who took charge of the Sunrise, Florida-based home health franchise in January. But there’s still much to accomplish as 2019 winds down, including the launch of a new company-wide strategy focused on social determinants of health and “looking beyond the […]
Dallas-based Axxess, a home health technology company, has teamed up with two post-acute data providers in the past month and has its eyes set on more in the weeks to come. Client requests, as well as market and regulatory changes, are helping drive the trend. The goal is to help Axxess clients grow and streamline […]
Walmart Inc. (NYSE: WMT) — which reportedly came somewhat close to becoming a home health provider in its own right last year — is diving deeper into the health care sector. Last week, the retail giant confirmed plans to open up a new health clinic, dubbed Walmart Health, in Georgia. CNBC first reported the news […]
Nix Health reportedly told the state of Texas that it plans to close down its home health operations. Nix Health has five facilities located in San Antonio: Nix Medical Center, Nix Specialty Health Center, Nix Alamo Heights, Nix Sleep Center, Nix Primary Care Center and Nix North Orthopaedic Center. In a move expected to impact […]
Ensign announces spinoff date The Ensign Group Inc. (Nasdaq: ENSG) has revealed additional details for its planned home health and hospice spinoff. In May, the Mission Viejo, California-based Ensign announced it planned to spin off its home health, hospice and senior living businesses into The Pennant Group, a separate publicly traded company. Currently, The Ensign […]
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