Home Health Continues to Gain Steam Despite Projections of Down Admissions

Despite expectations that home health admissions in the U.S. would drop in Q3 2018, both home health admissions and utilization continued to increase slightly quarter-over-quarter. Meanwhile, Centers for Medicare & Medicaid Services (CMS) data shows hospice utilization rose to record-breaking levels in the third quarter of 2018, while hospice admission growth declined slightly. The findings […]

LifeMatters Hires New COO, HHS Inspector General to Resign

HomeCare.com alum joins LifeMatters Silver Spring, Maryland-based home care provider LifeMatters has hired a new COO. Daniel Gold comes to the position after serving as executive vice president and COO of HomeCare.com, which offers tools and technologies to connect families and caregivers. Gold has worked in different capacities within the post-acute care since the early […]

Dedicated Hospice News Site Launches — Subscribe Today

Aging Media Network on Tuesday launched its fifth digital publication, Hospice News, which covers the $28 billion business of hospice and palliative care. As demand for hospice continues to grow, Hospice News will provide industry insights, information and analysis that leaders, investors, and policymakers need to navigate this evolving business and regulatory landscape. Visit www.hospicenews.com for the […]

Encompass Health to Acquire Alacare Home Health & Hospice for $217.5 Million

Encompass Health Corporation (NYSE: EHC) announced Monday that it has reached a definitive agreement to acquire “substantially all of the assets” of Birmingham, Alabama-based Alacare Home Health & Hospice. Under terms of the deal, Encompass Health will pay $217.5 million for the privately-owned company, SEC filings show. The more than $200 million price tag for […]

Home Health, Hospice Executives to See 2.73% Salary Bump in 2019

Salaries for home health and hospice corporate executives will see a planned increase of 2.73% in 2019, a new industry compensation report has found. Execs from agencies with under $30 million in annual revenues are set for the biggest salary bump. Findings come from the recently released 2018-2019 Multi-Facility Corporate Compensation Report, produced by the […]

LHC Group Bullish on Home Health JV Growth After Strong 2018

Despite falling short of analysts’ Q4 revenue estimates, LHC Group Inc. (Nasdaq: LHCG) finished the quarter and 2018 strong, thanks in part to revenue and admission growth in its home health and hospice lines. Acquisitions and joint ventures, which set overall valuation records in 2018 for LHC Group, played a large role in the company’s […]

FirstLight Adds Executives to Fuel Growth, Amedisys Board Member Retires

FirstLight expands leadership team amid rapid growth To accommodate recent growth, FirstLight Home Care has created and filled seven new positions, expanding its focus in areas such as technology, talent acquisition and franchise development.   While the hires are new, growth within the nine-year-old Cincinnati-based home care company is not. In 2017 alone, the franchisor […]