Signify Health — a technology-enabled health care services provider — and Remedy Partners — a software company that aligns providers in “episode-based” bundled payment models — have signed a definitive agreement to merge. Financial terms of the deal were not disclosed. Together, the companies — which are both portfolio companies of New York City-based private […]
Many well-known companies are tapping into the aging in place market to accommodate the influx of seniors that prefer to remain in their homes and communities as opposed to other options, such as nursing homes or assisted living facilities. One of the most recent ones to take a sharp step toward aging in place is […]
Telemedicine has the potential to more regularly and affordably connect older adults to their doctors, but several barriers still exist preventing its widespread adoption. Perhaps the biggest: seniors’ own embrace of technology. Home care agencies can help turn that tide — and Senior Helpers is showing the industry how. The Baltimore-based in-home care franchise powerhouse […]
Access to transportation remains a challenge for many older Americans, whether that means getting to an important medical appointment, going grocery shopping or meeting a few friends for coffee. It’s a point several home care providers are actively tackling through ride-hailing partnerships, especially as potential hospital and health system referral sources prioritize social determinants of […]
As older adults more frequently choose to remain in their homes and communities, new companies that help make aging in place possible are beginning to spring up. It’s important for home care agencies to familiarize themselves with such up-and-coming entities, experts say, as many offer home care-adjacent services that could spell stolen business. Among these […]
While home-based cardiac programs could be the key to improving rehab participation and outcomes for heart attack survivors, reimbursement often stands in the way. However, one remote patient monitoring company has cracked the code to developing a successful model and getting it paid for — possibly creating a framework or partnership opportunities for home-based care […]
With the rapidly aging population in the U.S., the need for dementia care isn’t going anywhere anytime soon. The specialty remains ripe with opportunity for in-home care providers, industry experts say. In fact, the boom in specialized dementia care is a big reason why home care has taken over health care’s center stage of late. […]
With its recent transition to a nonprofit model, Bayada Home Health Care has been busy. Since the 2016 announcement, the company found a new CEO in David Baiada, gifted $20 million to employees and hit one million clients served, just to name a few highlights. Next up for the billion-dollar home-based care provider? Finding new […]
Medicare Advantage plans could get even more flexibility to address social determinants of health for beneficiaries if Health and Human Services Secretary Alex Azar has his way. In turn, that could mean even more opportunities for home care providers to offer and be reimbursed for services such as companion care, bathing, transportation and more. “Our […]
Over the years, there have been a number of home care-adjacent startups that have entered the market and attempted to provide services that could potentially rival those offered by traditional providers. One up-and-coming company is now setting its sights on helping older adults age in place by becoming a TaskRabbit for seniors. The company is […]
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