Three of the biggest publicly-traded home health companies had a stellar showing last month, as their market performance both outpaced the S&P 500 index and achieved a new record high for the month of April, according to the latest Home Health Index from Stoneridge Partners. The Home Health Index, which tracks the market values of […]
Staying healthy is a vital part of being able to age-in-place, and residents of Minnesota, Utah, and Hawaii appear to have a leg up on other seniors across the country. That’s because these are the three healthiest three states in the union for older adults, according to the 2017 America’s Health Rankings Senior Report from […]
A New York City-based senior care nonprofit is embarking on a company-wide bid to improve client satisfaction. The New Jewish Home is a nonprofit provider serving about 13,000 people in New York City and nearby counties each year through a full spectrum of senior care, including home health, skilled nursing facilities and assisted living. The organization announced last month that it’s rolling […]
Welcome back to the Home Health Care News Monday Briefing. Catch up on the latest industry with our top stories from last week and see what caught our eye around the web. Start your week with this New York Times article that focused on a study about “daughter care”—the essential role that daughters play in […]
Home health has been one of the fastest-growing health care sectors of the new millennium. In fact, the number of workers in home health care services grew by 115.1% between 2000 and 2016, according to an analysis from “Big Four” accounting firm Deloitte. About 728,800 of the 4.6 million health care jobs created between 2000 and 2016 […]
As Amedisys Inc. (Nasdaq: AMED) promoted its new branding and image, its core service line—home health care—dwindled in growth, first-quarter 2017 earnings results revealed. However, the Baton Rouge, Louisiana-based company saw an overall stellar start to 2017, including an increase in revenue and significant growth in its hospice segment. Amedisys beat analysts’ expectations for the quarter, reporting adjusted […]
Less than three years into the tenure of CEO Paul Kusserow, Amedisys Inc. (Nasdaq: AMED) has gotten a facelift. Baton Rouge, Louisiana-based Amedisys has updated its logo, aiming to represent the company’s central mission and reflect the values of home care—an image that the name “Amedisys” may not bring to mind when said aloud. It’s “how do […]
The Mayo Clinic Health System is shuttering its home health care services in two Minnesota markets. Mayo Clinic Health System plans to phase out its home health care services in Albert Lea and Red Wing, Minnesota, by June 30, the Rochester, Minnesota-based nonprofit research and health provider announced last Friday in a press release. The organization will transition care […]
Happy Monday! We hope your weekend was as fruitful as it was relaxing. Work hard, play hard, dear readers. To get you ready for the new week ahead, stay up to date on the latest home care and home health news with our Monday Briefing. Keep reading to catch up on health care news around […]
After more than two decades, Great Lakes Caring Home Health and Hospice will have a new CEO. William Deary has stepped down from the role and exited the Jackson, Michigan-based company that he founded in 1994. Adam Nielsen, who was named president of Great Lakes in January 2016, has assumed the CEO position, effective immediately. […]
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