After one of the closest and most hotly contested campaigns in modern history, President-Elect Joe Biden addressed the nation on Saturday from an outdoor platform in Wilmington, Delaware. While it’s far too early to say what the first 100 days of a Biden administration will look like from a detailed policy perspective, the president-elect has […]
In the midst of the in-home care M&A resurgence, Charter Healthcare Group has made a few moves of its own. Its recent acquisitions of Heartwood Home Health & Hospice and Vitality Home Healthcare reflect its two-pronged acquisition growth strategy. Founded in 2006, Charter is a rapidly growing PE-backed post-acute care platform company. Lately, when it […]
Skilled nursing facility (SNF) operators continue to deal with operational and financial challenges related to the COVID-19 pandemic, with the biggest issues being declining occupancy rates, staffing shortages and the virus itself. Home health agencies have been following the SNF market closely, with many looking for opportunities to divert patients away from those operators through […]
BayCare — a large, Florida-based nonprofit health system — is the latest organization to join the ranks of those offering hospital-level care in the home setting. The health system recently announced it will provide access to acute-level care in the home to help care for patients battling COVID-19, heart failure and COPD, among other possible […]
Bayada Home Health Care — one of the largest nonprofit providers of in-home care and post-acute care services in the country — is expanding its already massive footprint. It’s doing so at a time when the need for home-based care is at an all-time high. On Thursday, the Moorestown, New Jersey-based company announced it is […]
Rising demand for health care services delivered in the home and an increasingly favorable regulatory environment have set the stage for the nation’s top-tier home health operators. That idea has LHC Group Inc.’s (Nasdaq: LHCG) leadership team bullish about the company’s near- and long-term outlook. LHC Group’s optimism is additionally supported by shifting referral patterns […]
Brookdale Senior Living Inc. (NYSE: BKD) was focused on rebuilding its home health census during Q2 of this year. In Q3, its home health census began increasing again, but it remains down overall on a year-over-year basis. The Brentwood, Tennessee-based company’s home health average daily census took a hit earlier in the year due to […]
A number of major Medicare Advantage (MA) carriers are expanding their supplemental benefit offerings shaped around in-home care next year. UnitedHealthcare, the insurance arm of UnitedHealth Group (NYSE: UNH), is among them. Overall, UnitedHealthcare partners with more than 1.3 million physicians and care professionals across the U.S., plus another 6,500 or so hospitals and other […]
Between mid-March and mid-August, more than 12.1 million Medicare beneficiaries received some sort of telemedicine service for their health and wellness. The numbers don’t lie: The COVID-19 emergency has officially ushered in a new age of telehealth in the U.S. But while in-home care providers and other organizations have embraced telehealth to deliver virtual visits […]
Humana Inc. (NYSE: HUM) continues to shift its operations toward value-based care payment models, both with internal service lines and with external provider partnerships. The Louisville, Kentucky-based insurance giant is also doubling down on social determinants of health at the same time. Those are just a couple key takeaways from a Tuesday conference call with […]