Home health utilization across the country has plateaued, marking the end of a growth spurt that lasted seven years, according to data compiled by Healthcare Market Resources. Still, rates varied significantly by state, perhaps indicating room for growth on a more granular level. The national average for home health utilization in 2014 was 8.76%. This […]
This week on Home Health Care News, we took a break from March Madness to bring you the latest in the home health industry. That included a look at how “Before I Die” walls can promote palliative care, and information about a charge against a former Amedisys Inc. (Nasdaq: AMED) executive in a $7.6 million fraud […]
Between physical therapy, medication administration, assistance with activities of daily life and more, a home health patient’s care needs can be quite complex and at times prove difficult to manage. That’s why once patients move from an acute setting back to their homes, care coordination and collaboration become more important than ever, according to experts […]
Arkansas is moving forward with a plan to sell its state-run home health service to a private provider, but some state lawmakers continue to protest the decision and have raised concerns about the number of caregivers already leaving the unit. The deadline for private companies to submit proposals to buy the Department of Health’s in-home […]
As the health system continues to move toward managed care and value-based purchasing, home health agencies are becoming an increasingly important partner along the continuum of care. Across the industry, data has played a big role in securing preferred partnerships for home health agencies with other types of providers. Home health and home care have […]
A former executive of one of the nation’s largest home health providers, Amedisys Inc. (Nasdaq: AMED), has been charged in connection with a scheme bilking the company out of more than $7.6 million. David Michael Pitts, 41, is charged in a Bill of Information with wire fraud related to the scheme, which is supposed to […]
This week, we had plenty of news to share with our readers. We let you know that Genesis was moving on from its home health and hospice operations in a sale worth $84 million. We also brought you coverage from the Illinois Home Care & Hospice Council Conference and stayed up-to-date on the latest earnings […]
Since November, the Centers for Medicare & Medicaid Services (CMS) has rolled out regulation upon regulation affecting home health care, altering the landscape for agencies across the country. CMS first finalized a rule to incentivize hospitals to work with other post-acute providers for knee and hip replacement procedures through bundled payments for 67 hospital locations. […]
One of the nation’s largest home health providers, Amedisys, Inc. (NASDAQ: AMED), hit a high note in revenue at the end of 2015, despite industry headwinds. Amedisys reported net revenue of $337.3 million for the last three months of 2015, a 12.6% jump from $300.5 million during the same time period in 2014. Net income […]
There was a dramatic drop off in the number of home health deals completed in 2015 as compared to years past, but even with valuations at all-time highs, strategic buyers will continue to seek out acquisitions that add significant value to their portfolios in the year ahead. “Buyers will be looking for things that really […]
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