Remote Patient Monitoring Company Health Recovery Solutions Raises $10M

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. […]

Encompass Health Looks to Improve Clinical Collaboration Rate, Expects $45M PDGM Headwind

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 […]

New Business Strategy Has Interim HealthCare Looking ‘Beyond the Diagnosis’

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 […]

Nix Health to Lay Off Over 500 Home Health Workers

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 Reveals Spinoff Details; SAVNA to Merge with Home Care Advantage

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 […]

Home Health Companions Among Fastest-Growing Private Companies

This year’s edition of Inc. magazine’s annual list of the 5,000 fastest-growing privately held companies in the U.S. featured a number of in-home care providers that have made jaw-dropping business gains. To earn a spot on the 2019 Inc. 5000 list, released earlier this month, companies had to be privately owned, U.S.-based and independent, meaning […]