Home Health M&A Activity Steady in 2019, as Hospice Deals Spike

At 79 deals and counting through November, home health and hospice mergers-and-acquisitions activity for 2019 is poised to exceed the previous year. That’s according to newly released data from Norwalk, Connecticut-based Irving Levin Associates. Founded in 1948, the firm provides market intelligence to health care professionals and senior care providers. Overall, 2018 saw 85 total […]

LHC Group President and COO Steps Down, Moves to Advisor Role

LHC Group (Nasdaq: LHCG) announced that Donald D. Stelly, president and chief operating officer, will step down from the role on Dec. 31. “I sincerely want to thank Keith, the board, and my fellow colleagues for their support and encouragement over the past 14 years at LHC Group,” Stelly said in a statement on Tuesday. […]

Amedisys Acquires Asana in Third Hospice Deal This Year

Home health, hospice and personal care giant Amedisys Inc. (Nasdaq: AMED) has entered a definitive agreement to acquire Asana Hospice. The financial terms of the deal — slated to close Jan. 1, 2020 — were not disclosed. Asana is a hospice care provider with locations in Pennsylvania, Ohio, Missouri, Kansas and Texas. As a part […]

LHC Group CFO: PDGM ‘Will Come and Go,’ But Value-Based Care Is Here to Stay

The Patient-Driven Groupings Model (PDGM) will largely come and go, leaving ample growth opportunities in its wake for the market’s biggest home health providers. With that in mind, LHC Group Inc. (Nasdaq: LHCG), has its long-term sights set on landing more value-based payment agreements. That’s according to CFO Joshua L. Proffitt, who discussed PDGM, LHC […]

Senior Executives Predict Strong Home Health, Behavioral Health Growth in 2020

Top health care executives foresee strong home health growth in 2020, despite the upcoming Patient-Driven Groupings Model (PDGM) and other regulatory headwinds. Behavioral health and hospice are likewise poised for a bullish year.  That’s according to Capital One’s annual health care services executive survey, released Wednesday. More than 123 senior health care executives from across […]

Home Health Agencies Face Added Hardships in Rural Markets

For many of its clients, Sangre de Cristo Hospice & Palliative Care provides their only access to home health care services. The company has cemented its position within the industry by engaging underserved rural and frontier communities. Founded in 1985, nonprofit Sangre de Cristo Hospice & Palliative Care is based in Pueblo, Colorado. The company […]

Hospice Providers Tout Bottom-Line Impact from Home-Based Primary Care Programs

Home health providers aren’t the only ones trying to push complex care further into the home. As hospices seek new ways to engage patients further upstream, a rising number are diversifying their services to include home-based primary care, along with palliative care and other models. Evidence indicates that these primary care programs carry substantial benefits […]

CMS Pumps Brakes on Primary Care First Launch

When the Centers for Medicare & Medicaid Services (CMS) unveiled its new voluntary risk-based in-home primary care initiative in April, home health providers and advocates responded with cautious optimism. For some, that optimism will now have to be put on hold. Although CMS is now accepting applications to participate in its Primary Care First payment […]