The Partnership for Quality Home Healthcare, a coalition of home health providers, has commended Congress for passing a budget package that calls for further analysis of face-to-face regulations and broad funding cuts to the Medicare home health benefit. Included in the legislation is language that requires the Centers for Medicare & Medicaid Services (CMS) to […]
Category: Home Health Care
Retirement shortfalls are a major problem in the U.S., as new data shows that more than half of today’s households lack enough retirement income to maintain their pre-retirement standard of living, according to a December report by the Center for Retirement Research (CRR) at Boston College. Recently, other reports have detailed the lack of sufficient retirement savings in 49 […]
Following proposed legislation by the U.S. House of Representatives, the Senate has introduced a similar bill that would correct what some believe to be flaws in the Centers for Medicare & Medicaid Services’ (CMS) competitive bidding program for durable medical equipment (DME). Late last week, Sens. Rob Portman (R-Ohio) and Ben Cardin (D-Md.) introduced the […]
Home health agencies are increasingly becoming a bigger part of the overall health care equation, leading to more interest not only from investors, but also from other organizations looking to partner across the care continuum. This rings true especially for hospitals, which are more closely scrutinized federally based on lengths of stay, readmissions and total […]
HealthSouth Corporation (NYSE: HLS) has agreed to acquire privately held EHHI Holdings, Inc., the owner of Encompass Home Health and Hospice, for approximately $750 million. The transaction has been approved by both companies’ boards and is expected to close before the end of the year, HealthSouth announced Monday. Previously, rumors suggested Cressey & Company, the […]
CareAll Management LLC and its affiliated entities have agreed to pay $25 million, plus interest, to the United States and the state of Tennessee to settle False Claims Act allegations, the Department of Justice (DOJ) announced recently. The settlement resolves allegations that CareAll — based in Nashville, Tenn., and one of the state’s largest home […]
Apollo Medical Holdings, Inc., an integrated physician-centric health care delivery company, announced recently the launch of a new subsidiary, Apollo Palliative Services (APS), with the acquisition of majority stakes in both a hospice agency and a home health company. The hospice agency serves three counties in Southern California, with an average daily census of 40 […]
When competing against trendy “paint-and-sip” (think: BYOB with an artistic flair), fitness and frozen yogurt franchises, in-home senior care may not be the most up-and-coming concept. But three such companies have snagged spots among the top five in a list of emerging franchises, ranked by the Franchise Business Review. In its quest to find and […]
The Centers for Medicare & Medicaid Services (CMS) announced a final rule Thursday that will enact changes to the Medicare home health prospective payment system (HH PPS) for calendar year 2015, which the agency projects would reduce Medicare payments to home health agencies by .30%, or $60 million. “[The rule] will foster greater efficiency, flexibility, […]
Benjamin Breier, president and chief operating officer of Kindred Healthcare (NYSE: KND), will take over next year as CEO of the national post-acute and rehabilitation services provider, the company announced Thursday. Breier, 43 — who has been with Kindred since 2005, starting as president of the company’s rehabilitation division — will replace current CEO Paul […]
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