Home-Based Care Providers Net More Than $666M in Small PPP Loans

More than 15,000 home-based care providers nationwide received loans of less than $150,000 under the Paycheck Protection Program (PPP). California, Florida and Texas saw the most agencies receive such loans, boasting a total of nearly 5,400 home-based care recipients across all three states, a Home Health Care News analysis of publicly available PPP data found. […]

Home Health Agencies with Recent Acquisitions Likely Still Waiting on CARES Act Funds

In response to the COVID-19 emergency, the federal government distributed billions of dollars in CARES Act relief funding to health care providers, including Medicare-certified home health agencies. In some cases, though, the funds are being held up due to the distribution process. That’s a costly hold-up for providers, many of which are using the relief […]

Inside All Metro Health Care’s Value-Based Care Strategy

As the U.S. health care system shifts away from a fee-for-service mentality toward value-based care, in-home care providers must find new ways to improve patient outcomes and demonstrate their value. That’s especially true as the health care system is stretched thin amid the coronavirus public health emergency. For All Metro Health Care — a large, […]

Aging-in-Place Ally Oak Street Health Files to Go Public

Oak Street Health — a network of value-based primary care offices for Medicare beneficiaries — has filed the initial paperwork to go public. The Chicago-based organization announced the news Friday. While Oak Street Health doesn’t provide home health care itself, its interdisciplinary care teams are equipped to provide telehealth visits and in-home care in addition […]

Home Health Cash Flow Has Yet to Recover from Post-PDGM Dip

Even before the coronavirus hit, cash flow was poised to be a problem for home health providers in 2020. The Patient-Driven Groupings Model (PDGM) shortened home health billing periods from 60 days to 30, creating a cash flow crunch for agencies during their first few months under the new model, which took effect Jan. 1. […]

How to Draft an M&A Agreement When PPP Loans Are Involved

Smaller home-based care agencies could be forced to close their doors as a result of the coronavirus, creating merger-and-acquisition opportunities for larger providers in the space.  However, the Paycheck Protection Program (PPP) adds a new layer of complexity to some of those M&A opportunities, specifically if an acquisition target is the recipient of a PPP […]