Devastating events have a way of changing everything, dividing time periods into the “before” and the “after.” In light of the coronavirus, that’s very much how LHC Group Inc. (Nasdaq: LHCG) approached its first-quarter 2020 earnings call, with the national emergency turning the country and the company upside down in mid-March. Before March 15, the […]
Four months’ worth of surgical masks. Six months’ worth of N95 masks. One month’s worth of gowns — with an additional two months’ worth arriving soon. That’s just a quick snapshot of Amedisys Inc.’s (Nasdaq: AMED) current personal protective equipment (PPE) stockpile. As most in-home providers are facing difficulties securing PPE, Amedisys has, so far, […]
New York, Chicago, Detroit and the state of Washington are some of the cities and states that have been singled out as COVID-19 hotspots. For Addus HomeCare Corporation (Nasdaq: ADUS), operating in these locations has meant lots of strategic maneuvering, especially when considering the amount of care service call-offs the Frisco, Texas-based provider has received […]
The evolution of Amedisys Inc. (Nasdaq: AMED) continues. The Baton Rouge, Louisiana-based home health, hospice and personal care provider announced early Monday morning that it has a deal in place to acquire AseraCare Hospice for $235 million. As structured, the agreement includes a $32 million tax asset, effectively lowering the overall purchase price to $203 […]
Providence — one of the largest health care systems in the nation — is the closest thing the U.S. has to a COVID-19 pioneer. One of its hospitals based in Washington state treated the country’s first COVID-19 positive patient back in February. Since then, the coronavirus has made its way down Providence’s care continuum, all […]
In a normal week, Rexanne Domico — president of home health care and rehabilitation at BrightSpring Health Services — might be back and forth between Charlotte, North Carolina, where she lives, and Louisville, Kentucky, where her company is headquartered. Or maybe she’d be hopping around the South, visiting BrightSpring’s newest locations, which the home- and […]
Brookdale Senior Living Inc. (NYSE: BKD) is planning to hire more than 4,500 health care workers for additional support in its battle against the COVID-19 emergency. The company announced its hiring plans last week. Registered nurses (RNs), licensed practical nurses (LPNs), certified nurse assistants (CNAs) are among the positions the Brentwood, Tennessee-based Brookdale is trying […]
Telehealth has recently been thrusted to the forefront of health care, specifically as a way to avoid person-to-person contact during the global COVID-19 pandemic. Despite a lack of direct reimbursement from Medicare, home health company Excelin Home Health recently began providing telehealth services to its clients as a way to prevent the spread of coronavirus. […]
As COVID-19 cases rise in the U.S., more in-home care providers are starting to struggle with dwindling stockpiles of basic protective equipment for workers. Overall, roughly 88% of medical personnel in more than 200 U.S. cities do not have a sufficient supply of personal protective equipment (PPE), according to a recent survey conducted by the […]
On Friday, Feb. 28, just after 10 p.m. PT, Brent Korte — chief home care officer at EvergreenHealth — got a call that changed everything. It was from his boss. “She asked me if I was sitting down,” Korte said. “She told me that EvergreenHealth not only had patients who had tested positive for COVID-19, […]