Health care policymakers on Monday unveiled a new voluntary risk-based initiative designed to reward physicians who keep patients at home and away from hospitals. Based upon the work of previous administrations, the new initiative marks a major inflection point for the value-based transformation of the U.S. health care system, according to Department of Health and […]
Category: Innovation
As the aging population continues to grow, so does the need for home-based care services. But supply isn’t keeping up with demand when it comes to the caregivers required to provide those services, creating fierce competition for workers. To win over prospective employees, at-home care providers must differentiate themselves. For BrightSpring Health Services, that means […]
Home health care has been proven to play a key role in lowering hospital readmission rates and preventing costly emergency room visits. Major hospitals are now designing ERs specifically for older adults, keeping the goal of re-hospitalization prevention top of mind. And that may mean more business for home health providers moving forward. “There’s a […]
When LHC Group (Nasdaq: LHCG) acquired Almost Family in 2018, a number of additional assets came with the deal, including Imperium Health Management, one of the country’s largest accountable care organization (ACO) management companies. Rather than sell the business, LHC Group decided to embrace it. “We did not even hesitate to embrace the ACO segment […]
Earlier this month, Minnesota-based UnitedHealthcare announced it was expanding the company’s bundled payment offerings to providers participating in its Medicare Advantage (MA) plan networks. Home health care is primed to play a major role in that expansion, Jeff Meyerhofer, president of bundled payment solutions for UnitedHealthcare’s Medicare & Retirement division, told Home Health Care News […]
A New York-based company aiming to revolutionize physical therapy delivery has raised another $8 million in venture capital funding, bringing its total raised to more than $15 million since 2015. The company is Sword Health, a tech-enabled physical therapy provider that has created a digital therapist able to treat therapy patients remotely. The service could […]
A startup delivering on-demand doctor house calls and a growing home care provider are teaming up to better serve older adults in the Los Angeles market. Heal — which has raised more than $71 million since launching in 2014 — and 24 Hour Home Care announced a new partnership agreement Tuesday. The move is yet […]
Despite the growing demand for in-home care, operating home care and home health agencies has never been more complex. Workforce and regulatory challenges are largely to blame — but the roadblocks are not insurmountable, industry leaders say. Executives from some of the largest home-based care organizations in the U.S. identified their top headwinds — […]
One of the largest health systems in the country is betting big on its ongoing strategy to provide more care upstream. In March, Intermountain Healthcare announced it is expanding its home-based offerings in 2019 to include primary care and multiple hospital-level services, along with palliative care for patients with chronic or serious medical conditions. The […]
In addition to packages, the United Parcel Service (UPS) (NYSE: UPS) will soon deliver home-based health care. The world’s largest package delivery firm plans to test a dispatch service in which it will send home health nurses to provide in-home vaccines to U.S.-based adults, UPS representatives confirmed in an email to Home Health Care News. […]