Hospice Continues to Trump Home Health Care on M&A Front

Frisco, Texas-based Addus HomeCare Corporation (Nasdaq: Adus) has signed a definitive agreement to purchase Hospice Partners of America LLC for $130 million cash, the multi-state home care services provider announced Monday. The move is yet another example of how hospice is outpacing home health care on the M&A front. Frisco, Texas-based Addus is primarily a […]

Why Home Health Care’s Experience Casts Doubt on a Hospice MA Carve-In

The Centers for Medicare & Medicaid Services (CMS) made waves in January when it unveiled plans to test a hospice carve-in under Medicare Advantage (MA), a step long viewed as “inevitable.” Specifically, CMS officials said they would test the feasibility of a hospice carve-in starting in 2021 through the MA Value-Based Insurance Design (VBID) model. […]

Home Health, Hospice Valuations Remain Highest in All of Health Care

When it comes to asset valuation, the home health and hospice industries continue to blow the rest of health care out of the water, posting the highest trading multiples sector-wide for the third consecutive quarter. In Q2 2019, home health and hospice had the highest mean trading multiple of 22.7 times EBITDA, up from 21.8 […]

Home Care Providers Lifted by First-of-Its-Kind Medicaid Reimbursement Bump

The financial well-being of home- and community-based care providers often depends on Medicaid reimbursement, which has stagnated throughout much of the country in recent years. One state is trying to rebalance the equation with a first-of-its-kind annual inflation increase for all Medicaid home care and hospice direct fee-for-service rates. Last June, the Rhode Island General […]

Encompass Health Latest Home Health Giant to Invest in Medalogix

Encompass Health (NYSE: EHC) has made a minority investment in predictive analytics firm Medalogix. Regulatory changes and staffing shortages driving the need for increased efficiency in home health and hospice motivated the investment, according to Encompass Health Chief Strategy Officer Luke James. “As we look out into the future, [we’re excited about] having a direct […]

Home-Based Palliative Program Is Sentara’s Answer to Post-Acute Care Gaps

While palliative care is often considered a hospital-based extension of hospice, one health system is using it to fill the gaps in its home-based service offerings. Sentara Healthcare is partnering with Turn-Key Health to make it happen. The new advanced illness services program uses predictive analytics to identify and enroll patients with a higher risk […]

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Is your organization interested in the business of hospice care? With a Home Health Care News affiliation, Hospice News recently launched to cover 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 […]

Home Health Industry Likely Headed for M&A Rollercoaster

If there’s one thing home health care providers can agree on when it comes to the Patient-Driven Groupings Model (PDGM), it’s that the new model is shrouded in uncertainty. Despite attempting to predict expected reimbursement changes and adapting operations accordingly, agencies won’t know exactly how PDGM will affect them until well after its Jan. 1 […]

Medically Home Raises $10M; Tennessee Home Health Businesses Merge with BrightSpring

Hospital-at-home company raises $10M in Series B funding Medically Home — a Boston-based technology-enabled services company — has raised $10 million in Series B funding. The round was led by Cardinal Health and other investors. Founded in 2017, Medically Home brings hospital-level care into the home, sending clinicians, technology, equipment, medication and supplies directly to […]