Given all of the provisions and changes included in the U.S. Centers for Medicare & Medicaid Services’ (CMS) 2024 proposed rules, the 36-month rule being applied in hospice went a bit overlooked. Home health and hospice M&A experts see it as a significant development that could affect both subsectors. Essentially, CMS is proposing a ban […]
Amedisys Inc. (Nasdaq: AMED) disclosed Monday that UnitedHealth Group’s (NYSE: UNH) Optum submitted an acquisition bid. That makes for a competition between Optum and Amedisys’ current merger partner, Option Care Health (Nasdaq: OPCH). At this point, it’s unclear whether Optum will ultimately land Amedisys, though early analyst comments suggest Optum’s bid may be more favorable […]
Larry Nabb wants to usher Jet Health into a new era. He’s already getting started, too, after being named CEO at the end of May. Jet Health is a Fort Worth, Texas-based post-acute care company that delivers home health, hospice and personal care services in Texas, New Mexico, Colorado and Idaho. The company is backed […]
When it comes to growth, home care and home health providers are focused on a number of key opportunities. For home care providers, care professional recruitment and retention programs are No. 1 on their list of top growth opportunities for 2023. That’s according to HCP’s 2023 Benchmarking Report, released last week and based on a […]
Amedisys Inc. (Nasdaq: AMED) is answering more questions about its potential merger with Option Care Health (Nasdaq: OPCH), which was first announced earlier this month. The company submitted these responses as part of a 425 SEC filing, which it added to its site for stakeholders, employees and the public to view on Thursday. A number […]
A few years ago, Charter Healthcare Group made waves as a rapidly growing post-acute care company. It largely accomplished this through a series of acquisitions, mostly eyeing smaller entities that allowed it to beef up palliative care and complex care management capabilities. Charter offers home health, hospice, complex care management and palliative care services across […]
The leaders at Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) believe that the demand for home- and community-based care has never been higher. “As a reminder, we do not have a demand problem,” Aveanna CEO Jeff Shaner said during the company’s first-quarter earnings call on Thursday. With this in mind, Aveanna is focused on the labor […]
Many home-based care providers tend to offer both home health and hospice services. Thus, home health leaders pay close attention to proposed rules in hospice. Home health providers are still weeks away from getting a glimpse at their proposed rule for 2024. In terms of the main provisions, the proposed rule for hospice doesn’t contain […]
Amedisys Inc. (Nasdaq: AMED) has its new CEO. After a four-month-long search, the company’s board has named Richard Ashworth to the role. He will also serve as president. Ashworth is new to the company, unlike former CEO Chris Gerard, who was terminated from the company last November. He will officially take over on April 10. […]
Addus HomeCare Corporation (Nasdaq: ADUS) is performing well. But, to perform better, it wants to grow its home health segment and more fully engage in value-based care contracting. Now, Chairman and CEO Dirk Allison sees M&A as one of the key focuses in the near-term future. Also top of mind for Allison is the continuing […]
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