At some point in their lives, most Americans will need some type of in-home care support. The issue is that — due to the caregiver shortage, the rising cost of care, Medicaid qualifications and a number of other factors — many of them won’t be able to afford it. As a way around the more […]
The private equity company Nautic Partners has completed one of the first PE-driven deals of 2024. Announced Tuesday, the firm is acquiring the McKinney, Texas-based Angels of Care from Varsity Healthcare Partners. “I am extremely grateful to the entire VHP team for their extensive capital, operational and strategic support, which was instrumental in enhancing the […]
As home health patients become sicker and more complex, providers have been forced to find ways to keep their care models financially viable. In order to combat some of those “acuity creep” challenges, industry leaders are leaning on technology, data-driven decision making and more value-based care. “We continue to navigate through a very regulated industry,” […]
As a way to improve the quality of infection testing and to achieve better patient outcomes, Amedisys Inc. (Nasdaq: AMED) is now offering advanced molecular testing across its care centers nationwide. To do this, the company has partnered with Patient Choice Laboratories to better identify respiratory issues, wound infections and other ailments for its at-home […]
tango is on the front lines when it comes to re-defining the dynamic between home health providers and conveners. So much so that the company has dropped the convener descriptor and instead considers itself an enabler. “We’re really after ensuring that providers and payers, or risk-bearing entities, are aligned, and driven to the same objectives,” […]
Signify Health continues to showcase the effectiveness of CVS Health’s (NYSE: CVS) in-home capabilities. Signify — CVS Health’s acquired value-based care platform — conducted 649,000 in-home evaluations for multi-payer Medicare Advantage partners in the fourth quarter of 2023, marking a 20% increase from the previous year. “Among our Aetna customers, we are broadening our addressable […]
In recent years, home-based care providers have seen the value in being more hands on when it comes to building home health nursing pipelines. In order to pull this off, several providers have partnered with universities to create programs that will, ideally, lead to wider talent pools. CenterWell Home Health — Humana’s (NYSE: HUM) home […]
Artificial intelligence is likely to be a hot topic in home-based care over the next few years. With that in mind, most companies in the space are already adjusting. Post-acute technology company WellSky, for instance, has partnered with Google Cloud to leverage its artificial intelligence (AI) platform, Vertex AI. The partnership also includes Google Cloud’s […]
The Centers for Medicare & Medicaid Services (CMS) has been tight-lipped about its Review Choice Demonstration (RCD) plans beyond May 2024. However, industry leaders believe RCD will be extended across the country on a more permanent basis — a development that agency leaders should recognize as a momentum shifting change. “We’re seeing a monumental shift […]
Home-based care providers have faced many headwinds over the past few years. They’ll continue to do so in 2024. But uncertainty has also plagued providers, and there may be less of that this year. Providers know the threat of fee-for-service Medicare cuts. They know Medicare Advantage (MA) penetration is an unstoppable force. They know staffing […]
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