For the first time in Tony Strange’s career, he has managed care plans, state Medicaid agencies and even the U.S. Centers for Medicare & Medicaid Services (CMS) reaching out and asking what can be done to increase access to home- and community-based services. Strange – the CEO of Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) and […]
Category: Hospice
Amedisys Inc. (Nasdaq: AMED) has become “obsessive on retention” and the larger impact staffing could have on the company. “We feel like the most impactful lever in our organization is retaining our clinical staff,” Chris Gerard, president and COO of Amedisys, said Thursday at the Barclays Global Healthcare Conference. “We live and breathe, every single […]
Encompass Health Corporation (NYSE: EHC) publicly appears to be moving forward with its plan to separate its $1.1 billion home health and hospice segment into a standalone business. Speaking at the Barclays Global Healthcare Conference, CFO Doug Coltharp offered a new level of transparency and rationale behind that spinoff plan on Wednesday. The update came […]
The caregivers at Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) and the drivers at Uber (NYSE: UBER) have something in common. Specifically, Aveanna has set up its app to give its private-duty caregivers more autonomy over their work schedule. “While they’re all employees of Aveanna, they sometimes look and feel more like an independent contractor,” Tony […]
Humana Inc. (Nasdaq: HUM) has been one of the key home health players to watch over the past few years, an idea best illustrated by its full takeover of Kindred at Home last year. The Louisville, Kentucky-based health care company expects to be less active on the home health M&A front moving forward, however. After […]
The U.S. House of Representatives passed a comprehensive $1.5 trillion omnibus spending package on Wednesday. The legislation, among other things, extends the temporary virtual care flexibilities that were put in place during the public health emergency. The bill will extend the waiver allowing hospices to perform face-to-face recertification visits through telehealth for five additional months […]
Earlier this week, a report surfaced claiming that Advent International, Aveanna Healthcare Holdings (Nasdaq: AVAH) and at least a few other companies have “expressed interest” in acquiring Enhabit Home Health & Hospice, the $1.1 billion business currently belonging to Encompass Health Corporation (NYSE: EHC). Executives from the Birmingham, Alabama-based Encompass Health have repeatedly stood behind […]
LHC Group Inc. (Nasdaq: LHCG) President and COO Joshua Proffitt is more bullish than he’s been in “quite some time” about the growth potential of the company. That’s because the overall increased demand for home-based care has created an environment for top-line growth. “The strong demand that we’re experiencing really shows no sign of letting […]
A large post-acute care company with a deep presence in America’s rural areas, Intrepid USA Healthcare Services has been in the market for a new private equity partner. Intrepid is a Texas-based provider of home health, hospice and personal care services. The company has more than 60 locations spanning 17 states. CEO John Kunysz likes […]
Nick Loporcaro, the former CEO of Landmark Health, has joined The Vistria Group as a senior operating partner. He makes the transition from the provider side to private equity geared with decades of health care experience – and years of at-home care experience. Loporcaro led Landmark – an in-home medical care provider – until it […]
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