On some days, Vesta Healthcare CEO Randy Klein’s job requires some preaching. Having a unique business model is a strength, but it also means dedicating time to explain how the company operates and its overall value add. It’s a position Klein has often found himself in. “I used to have a boss that referred to […]
The biggest retailers were zealous in their pursuit of home-based health care initiatives. But there’s little evidence to suggest that pursuit has been successful, at least thus far. This week, CVS Health (NYSE: CVS) announced that it was laying off 2,900 workers. Simultaneously, reports surfaced of Glenview Capital – a significant shareholder in the company […]
As more advanced care moves into the home setting, traditional home-based care providers can ensure they aren’t left behind by forming innovative partnerships. The collaboration between BrightStar Care and Medically Home is one example of this. “More care is moving into the home, and higher acuity care is moving into the home,” Shelly Sun Berkowitz, […]
CVS Health (NYSE: CVS) has undergone a strategic shift of late to focus more on health care services, as well as home-based health care services. Now, it appears it could be on the brink of a showdown with an activist investor. CVS Health leaders reportedly met with Glenview Capital – the rumored activist investor – […]
Hospital at Home (HaH) is a sustainable, innovative and next-generation health care model. From the physician’s perspective, it offers person-centered medical care and keeps patients out of the hospital, away from possible complications and on to better outcomes. However, there are still plenty of challenges for providers to work through. “People love to have inpatient […]
About 50% of caregivers have experienced or witnessed at least one incident of workplace violence or harassment, according to a recent survey. In response, federal and state authorities now require emergency response plans for most types of home-based care. In the meantime, Canopy – a manufacturer of wearable safety technology for health care workers – […]
Signify Health has launched condition focused visits, a new service that provides screening and preventive care tailored around various complex chronic conditions. These services are delivered in the home. “Condition focused visits are really giving the member, and the provider who is with them in their home, more dedicated time to do some customized care […]
Reimagine Care – a home-focused, on-demand cancer care provider – has unveiled a partnership with Memorial Hermann Health System. After initial trials proved effective, the two parties will expand their partnership to offer more digital, virtual and in-home care options for cancer patients. “We have seen firsthand the transformative impact of this partnership on our […]
Cardinal Health Inc. (NYSE: CAH) just set up shop in Greenville, South Carolina. The company recently opened its largest distribution center supporting the Cardinal Health at-Home Solutions business to date. The Greenville, South Carolina location fills a critical gap in the company’s distribution, Jamie Deist, vice president of warehouse operations for Cardinal Health at-Home, told […]
Mass General Brigham has been awarded a $4.6 million grant to examine the delivery of short-term rehab care at home as an alternative to skilled nursing facilities (SNFs). The funds come from the Massachusetts Executive Office of Health and Human Services (EOHHS). In the U.S., 40% of older adults leaving the hospitals need some form […]
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