Leaked Doc Reportedly Details Financial Struggles Behind Medically Home, DispatchHealth Deal

A week after DispatchHealth and Medically Home closed their merger, reports emerged that Medically Home experienced a drop in valuation and other financial struggles.  A 498-page document, accidentally sent to Medically Home employees and then leaked to Axios, indicated a “dramatic” loss in valuation, according to the outlet. The high-acuity, in-home medical care provider reportedly […]

MedPAC Report: Medicare Advantage Enrollees Receive 11% Fewer Home Health Visits

The Medicare Payment Advisory Commission’s (MedPAC) June report to Congress examined home health care use among Medicare Advantage (MA) and traditional Medicare patients and found that MA enrollees receive 11% fewer home health visits compared to Medicare fee-for-service. The report, issued Thursday, largely found “relatively modest” differences in home health use between MA and Medicare […]

Alliance Official: Medicare Advantage Growth, PDGM Cuts Create Converging Crises For At-Home Care

At-home care is reaching a crisis point, according to Scott Levy, chief government affairs officer  at the National Alliance for Care at Home (the Alliance). The pressure on providers is not only unsustainable – it threatens access to cost-saving in-home care. Already, over one-third of patients referred to home health fail to receive those services. […]

BrightSpring Expands Home Health To Strengthen Service Line Synergies

BrightSpring Health Services (Nasdaq: BTSG) is looking to increase synergies across its service lines by expanding home-based care programs. Specifically, the company is looking to expand its home infusion, home-based primary care and rehab service lines, according to Jennifer Phipps, BrightSpring’s executive vice president and chief financial officer. Overall, BrightSpring is expecting its home health […]

Building An At-Home Care Employee Referral Program To Boost Conversions, Cut Costs

Home-based care providers are always innovating new ways to recruit and retain care staff, but companies are still getting the most mileage out of internal word-of-mouth referrals. Companies that heavily invest in employee referral programs, including creating social media groups, physical materials employees can hand out and email campaigns with current and former employees, have […]

CMS Updates ACO REACH As Program Enters ‘Pivotal Phase’ 

The Centers for Medicare & Medicaid Services (CMS) recently announced updates to the Accountable Care Organization (ACO) “REACH” Model, which provides private home-focused health care providers with an opportunity to participate in risk-sharing agreements with traditional Medicare. The new updates are essentially “tweaks” based on learnings acquired through the first two years of the program’s […]

Investment Firm KKR To Offload 16.1M BrightSpring Shares In Secondary Offering

On Tuesday, BrightSpring Health Services (Nasdaq: BTSG) announced that its majority shareholder, the investment firm KKR & Co. (NYSE: KKR), plans to sell 14 million shares of BrightSpring stock through a secondary offering, with the option to sell up to an additional 2.1 million shares.  KKR owns almost 93 million BrightSpring shares, representing 54.2% of […]

Enhabit Advances Home Health Strategy Through Episodic Contracts, Expanded Payer Mix

Enhabit (NYSE: EHAB) is aiming to be a home health provider of scale in order to better negotiate with plans and forge relationships with referrers – but the path to this goal has been more time-consuming than the company’s leaders originally envisioned. To achieve more referral partners and increase patient volume, Barb Jacobsmeyer, president and […]