Home Health Provider Charter Healthcare Files For Bankruptcy

The Pharos Capital-backed home health provider Charter Healthcare recently filed for bankruptcy. A petition for Chapter 7 bankruptcy was filed in the Federal District Court of Delaware in late January, Home Health Care News’ sister site Hospice News first uncovered. Filings were found in eight different states, spanning the Rancho Cucamonga, California-based Charter’s former footprint. […]

After Empath Health, Trustbridge Complete Affiliation, ‘Home Health Is High On Priority List’

Last September, the post-acute providers Empath Health and Trustbridge signed a memorandum of understanding to begin an affiliation process. On Monday, that affiliation process was completed, forming the largest nonprofit post-acute provider organization in the state of Florida. Together, the organization will care for 5,000 patients daily and employ more than 5,000 staff members and […]

Why Bayada Is Reconsidering How It Deals With Home Health Patients Under MA Plans

At a macro level, home health organizations are struggling with Medicare Advantage (MA) for two main reasons: benefit design and reimbursement. In order to build stronger relationships with MA plans, agencies are undergoing a strategic shift in their service offerings to meet the unique challenges posed by MA patients. Those shifts include partnering with other […]

As Home Care Workers Unionize, Key Questions Come Into Play For Providers

Generally, employers aren’t thrilled at the idea of their workforces unionizing. In home-based care, that’s particularly the case. Provider leaders see home care union demands as unrealistic. The most basic example of that is wage increase pleas, which are often tough to meet given most providers’ reliance on government-funded payer sources. Private-pay home care is […]

Deal Or No Deal: The Futures Of 3 Home-Based Care Companies

Most buyers in home health and personal care are signaling they’ll be more active in the M&A market this year. That’s according to a new Mertz Taggart report, which included responses from over 50 potential home-based care buyers. Nearly 80% said they planned to be more acquisitive in 2024 compared to 2023. But some of […]

DOJ Reportedly Considering Lawsuit To Block Optum-Amedisys Deal

UnitedHealth Group’s (NYSE:UNH) planned acquisition of Amedisys Inc. (Nasdaq:AMED) is catching further scrutiny. Late Wednesday, a report suggesting that the Department of Justice is considering a lawsuit to block Optum’s takeover of Amedisys surfaced. The deal was first agreed to in June of last year. The news comes just a few weeks after the DOJ […]

Traditions Health Promotes New VP of Finance; Optum Vet Joins WelbeHealth As COO

Traditions Health appoints VP of finance and controller Traditions Health has promoted Todd Scott to the role of vice president of finance and controller. “Todd has been an indispensable member of our team, consistently demonstrating his leadership and culture of service,” Traditions Health CFO John Kerndl said in a press statement. “Todd’s contributions have been […]