Following an ongoing series of acquisition rejections, Kindred Healthcare (NYSE:KND) has again increased its offer to buy Gentiva Health Services (NASDAQ:GTIV). Gentiva recently rejected Kindred’s offer to acquire all outstanding shares of the company’s common stock for $14.50 per share, saying the offer undervalued the company and was not in the best interests of its shareholders. […]
Category: Home Health Care
Four patient recruiters have pleaded guilty for their participation in a home health fraud scheme that bilked the federal government out of an estimated $20 million in Medicare dollars. The four recruiters, Estrella Perez, Solchys Perez, Abigail Aguila and Monica Macias pleaded guilty last week to various charges including conspiracy to defraud the United States, for […]
Home care workers in Minnesota are gearing up for what organizers say would be the largest union election vote in state history. Workers and organizers with the Service Employees International Union delivered state officials 9,000 union cards signed by workers calling for the election, TwinCities.com reports. These cards represent nearly 35% of potential voters, as […]
The Centers for Medicare & Medicaid Services (CMS) has proposed a rule that would cut Medicare reimbursements for durable medical equipment (DME), prosthetics, orthotics and supplies (DMEPOS) by more than $7 billion from 2016 to 2020. The proposed rule would create significant changes to Medicare coverage and payment policies for DMEPOS, including a methodology for adjusting […]
Given the unpredictability of natural disasters and weather-reated emergencies, researchers are stressing the need to implement emergency preparedness plans for home care patients receiving nutrition services. In a paper published by The American Society for Parenteral and Enteral Nutrition, researchers from Coram Specialty Infusion Services emphasize that individuals with chronic health conditions and other special needs […]
More than half of Americans report that they are struggling to maintain housing, making at least one sacrifice during the past three years to pay their rent or mortgage, according to a survey conducted by Hart Research Associates. The second annual How Housing Matters Survey explains that these sacrifices include taking on an additional job or more […]
Addus HomeCare Corporation (NASDAQ: ADUS) announced Tuesday it has acquired Tennessee-based Cura Partners, LLC (D/B/A Aid & Assist at Home, LLC), a deal that is expected to add $12 million to $13 million to Addus’ revenue this year. Addus HomeCare provides comprehensive health care services including skilled nursing, personal care aides and rehabilitation, and provides services […]
Apple plans to take on users’ health and homes with new technology it revealed Monday at its annual Worldwide Developers’ Conference in San Francisco. The tech giant announced its launch of HealthKit, an iPhone service that collects and stores a user’s fitness and health information. Users access HealthKit through an app called Health, which is available […]
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A Florida home health care agency has developed a new business model aimed at reducing hospital readmissions and cutting down on costs to Medicare, according to a Bradenton Herald report. Infinity Homecare, based in Lakewood Ranch, Florida, is focused on educating older patients about what they can do for themselves, or empowering them through coaching […]
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