As health care merger and acquisition activity continues to grow in the first quarter, home health and hospice transactions hit a minor snag to start the year, despite seeing a nearly 30% increase a quarter ago, recent data indicates. Overall health care M&A activity grew 24% during the first quarter of 2015 to 355 total […]
Category: Hospice
Home health agencies now can refer to an updated version of the Medicare manual that clarifies requirements for physician certification and recertification of patient eligibility for services, including changes to the face-to-face encounter requirement. The Centers for Medicare & Medicaid Services recently released the manual updates and a memorandum summarizing them. The changes reflect policies first […]
As one of the fastest-growing sectors in the United States, home health care is teeming with activity — from acquisitions and partnerships to new leadership appointments and promotions. Here’s the latest news buzzing around the industry: Linda Rhodes Joins Care Angel as Chief Caregiving Officer Care Angel has announced that Dr. Linda Rhodes, former Secretary […]
An ongoing effort to improve its balance sheet has led Amedisys Inc. (NASDAQ: AMED) to an extensive leadership overhaul at the executive level. In April 2014, Amedisys agreed to pay $150 million to the federal government, resolving allegations that the company provided medically unnecessary services to Medicare beneficiaries. As the company tries to bounce back, it […]
Amedisys, Inc.—one of the nation’s largest home health and hospice providers—hid that it was overbilling Medicare in order to quickly sell off a part of its hospice business last year, according to allegations in a recently filed lawsuit. The deal in question is the sale of Amedisys Wyoming, LLC, to Frontier Home Health and Hospice, […]
As one of the fastest-growing sectors in the United States, home health care is teeming with activity — from acquisitions and partnerships to new leadership appointments and promotions. Here’s the latest news buzzing around the industry: Home Instead Appoints Jeff Huber as CEO Home Instead, Inc., the franchisor for Home Instead Senior Care, a leading […]
As more regulatory pressures force consolidation among the health care industry as a whole, home health and hospice providers also are feeling the heat — joining forces to better compete in today’s evolving landscape. Most recently, the University of Pittsburgh Medical Center, better known as UPMC, announced it would be bringing Family Hospice & Palliative Care […]
As one of the fastest-growing sectors in the United States, home health care is teeming with business activity. Here are some of the industry’s latest investments, acquisitions and partnerships: American Advisors Group Partners With Home Care Franchisor American Advisors Group (AAG), the nation’s leader in reverse mortgage lending, recently announced its partnership with Visiting Angels, […]
Amedisys, Inc. (NASDAQ: AMED) is currently in the process of notifying federal and state agencies as well as 6,909 individuals who may have had their personal information subject to a data breach. Earlier this month, the Baton Rouge, La.-based home health and hospice provider reported the results of an extensive risk management process to locate approximately […]
As one of the fastest-growing sectors in the United States, home health care is teeming with business activity. Here are some of the industry’s latest investments, acquisitions and partnerships: Remote Monitoring Company Partners With Arcadia Home Care & Staffing Healthsense, Inc., a provider of aging services technology, announced recently its partnership with Arcadia Home Care […]
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