When older adults need home care services, the high cost of maintaining the house itself can get in the way, according to a recently released Urban Institute report. Americans 65 and older are spending more on housing than their health care, the Urban Institute report revealed. The institute is a policy and research firm that […]
Category: Home Health Care
One of the nation’s largest home health and hospice providers, LHC Group Inc. (Nasdaq: LHCG), posted strong earnings in the second quarter of 2015 and is looking to grow, company leaders recently announced. For the six months that ended June 30, LHC’s net income was $15.8 million, or $0.90 cents per diluted share, which was […]
There has been a lot of talk of late around how things need to change for home health care. And now Democratic Presidential candidate and former Secretary of State Hillary Clinton is contributing to the conversation. Clinton has already been vocal about the need for higher minimum wages for home care workers and others, and […]
A major change in the way hospice providers are reimbursed will indeed go into effect, but not as quickly as originally proposed, the Centers for Medicare & Medicaid Services (CMS) announced in a final rule issued Friday. Currently, Medicare-certified providers receive a per-day reimbursement of about $160 for patients in routine home care (RHC). Under the […]
A bipartisan group of federal lawmakers is seeking to increase the number of people who can remain in their homes thanks to the Medicare Program of All-Inclusive Care for the Elderly (PACE), introducing a bill in the U.S. House of Representatives to expand that program. The PACE program is designed to enable seniors who need […]
While home health agencies are crucial post-hospital care providers, they have seen a huge uptick in patients who are not coming out of that setting, recently released Medicare data shows. Between 2001 and 2012, the number of home health episodes not preceded by a hospitalization or a stay in a post-acute setting increased by 116%, […]
A home health care owner and operator has been sentenced to 80 months in prison for his role in a $12.6 million Medicare fraud and tax fraud scheme, according to the Department of Justice. Eleven other individuals have also been convicted in this case. Mohammed Sadiq, 67, of Oakland County, Mich., owned and directed two […]
Amedisys Inc. (NASDAQ: AMED) is moving key members of its executive team to Nashville, in an effort to forge deeper connections with major health care players and potentially expand into new areas, including private duty services, according to CEO Paul Kusserow. “The general theme is, I need my executives in a market with good, knowledgeable […]
As one of the fastest-growing sectors in the United States, home health care is teeming with activity — from acquisitions and partnerships to new leadership appointments and promotions. Here’s the latest news buzzing around the industry: Willcare to Remain Stable After $51 Million Almost Family Acquisition WillCare Inc. does not anticipate that its current management […]
The public now can evaluate Medicare-certified home health agencies using a five-star system, with the ratings posted online as of Thursday. While the vast majority of HHAs received around three stars, as expected, the ratings also illuminate some aspects of the industry that might be more surprising—including which states are top of the pack and […]
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