As the Centers for Medicare & Medicaid Services (CMS) and Department of Justice (DOJ) intensify anti-fraud enforcement in the home health industry, established providers are focusing on reinforcing quality, documentation integrity, proactive oversight and other compliance models already in place, leaders told Home Health Care News. “Our strategy is really about making sure people understand […]
Bain Capital- and J.H. Whitney Capital Partners-affiliated stockholders are selling some of their stock in Aveanna Healthcare Holdings (Nasdaq: AVAH) and will no longer own a majority stake in the company. According to publicly available documents, sponsor affiliates associated with Bain Capital and J.H. Whitney Capital Partners are offering 15 million shares of Aveanna common […]
A Hug Away Healthcare is taking its home-based care model beyond Houston, opening the door to franchise partners as it looks to bring its services to more communities. The move marks a new phase of growth for the provider, which plans to expand its offerings, including home health and hospice, into new markets. Founded in […]
Cityblock has announced a definitive agreement to acquire Homeward Health, a rural-focused healthcare company with virtual and in-home services. The company simultaneously announced that it closed a $116 million Series E funding round. Cityblock acquired Homeward Health in an all-stock deal, according to a Thursday blog post signed by Toyin Ajayi, the company’s CEO and […]
Home-based care’s staffing crisis has no easy fix, but the largest public providers are increasingly betting that technology can move the needle where wages alone can’t. Across earnings calls this quarter, leadership teams at Aveanna Healthcare Holdings (Nasdaq: AVAH), BrightSpring Health Services (Nasdaq: BTSG), The Pennant Group (Nasdaq: PNTG) and Addus HomeCare Corporation (Nasdaq: ADUS) […]
Last week, Sen. Susan Collins (R-Maine) introduced a bill that would reset the home health base payment rate and give the Centers for Medicare & Medicaid Services (CMS) new fraud-fighting tools. The bill serves as a microcosm of how lawmakers appear to view the home health industry: with equal parts support and suspicion. It’s a […]
The United States Department of Justice (DOJ) Fraud Division named home health and hospice as among its top enforcement priorities and plans to use innovative data analysis to target fraud schemes in these industries, according to a Thursday memorandum. The agency plans to further crack down on healthcare fraud by increasing the headcount of its […]
In-home primary care provider Bloom Healthcare is looking to expand its in-home primary care model, leveraging technology and looking to an upcoming Centers for Medicare & Medicaid Services (CMS) model. The provider has found that an AI-powered ambient listening tool improves efficiency while maintaining human connection, and is using the technology as one way to […]
Aveanna Healthcare Holdings (Nasdaq: AVAH) hit its preferred payer goals ahead of schedule and plans to push deeper into its fastest-growing segment — home health and hospice — through additional acquisitions. Improved federal government affairs and preferred payer results largely drove the company to update its previous 5% to 7% home health and hospice organic […]
Home care relies on one fundamental principle — care provided in the home. However, in a car-centric country such as the United States, caregivers face delays with public transportation, car break downs or issues maintaining or financing a personal vehicle. Transportation barriers can cause patients to miss care, frustrate families, fuel caregiver turnover and lead […]
