When it comes to preventing hospital readmissions and controlling costs after joint replacements and similar procedures, home health agencies and other post-acute providers play a crucial role. But agencies may gain an advantage if they also are involved before a patient even enters the hospital for treatment. “We don’t like to use the word post-acute […]
Kindred Healthcare Inc. (NYSE: KND) has reported a year marked by consolidation and significant revenue growth following the fourth quarter of 2015, particularly in its home health division—news that caused Kindred’s share prices to jump about 20% on Friday. During 2015, Kindred at Home, the company’s home health and hospice arm, consolidated its home health […]
This week on Home Health Care News, readers tuned in to learn what the Centers for Medicare & Medicaid Services (CMS) is doing to crack down on fraud. They also discovered how value-based purchasing and new quality measures are ushering in a new era in the home health industry, and read about a new partnership […]
With value-based purchasing (VBP) programs underway and new quality measures being considered, the home health industry is entering a new era, according to advisors from the Visiting Nurse Associations of America (VNAA). As performance continues to be tied to reimbursements and financial incentives, home health agencies that are proactive about their quality improvement plans and […]
Between two recently introduced ways of rating home health agencies, those looking for home health care might find conflicting results. Take Brookdale Senior Living, for example. Four of its home health agencies in Florida, North Carolina, Ohio and Rhode Island earned a top score of five stars based on data they submitted related to quality of patient […]
ResMed (NYSE: RMD) announced on Monday a definitive agreement to acquire Brightree, a business management and clinical software applications company for the post-acute care industry, for $800 million. The acquisition could lead San Diego-based ResMed—a medical device company known for sleep-disordered breathing ad respiratory care—into the home health segment. To fund the acquisition, ResMed plans to […]
The Centers for Medicare & Medicaid Services (CMS) is making strides to crack down on home health fraud through data use and more site visits, the agency announced Monday. Recently released data could help CMS pinpoint more locations where it won’t certify new home health agencies in the future based on utilization patterns. CMS has […]
As the population of American seniors continues to grow, so does the need for long-term care services, but the number of home health increased only slightly between 2012 and 2014. About 12,400 agencies were operational as of 2014, up from 12,200 two years prior, according to a newly released report from the Centers for Disease […]
An innovative home care startup that has captured headlines with its successful funding rounds has snagged another big investment. In-home care provider Hometeam has secured a $5 million investment from Kaiser Permanente Ventures, the venture capital arm of California-based health care giant Kaiser Permanente. Hometeam raised $38.5 million prior to Kaiser Venture’s latest stake, with […]
CareCentrix Extends Contract with Cigna CareCentrix, a company that provides support and coordination for patients and their families that need home health care services, has extended its contract with Cigna, a global health service company and CareCentrix’s longest standing client since 1996. The contract extension is for two years, and will continue to give Cigna’s […]
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