CVS Health (NYSE: CVS) believes that its home-based care and primary care capabilities will unlock value and create long-term earnings power for the company. Karen Lynch – CVS Health’s CEO – outlined that vision at the Morgan Stanley’s 21st Global Healthcare Conference Tuesday. “As we step back and as we looked at all of our […]
Category: Innovation
Best Buy (NYSE: BBY) is growing its at-home care efforts once again, this time through an expansion of its partnership with Geisinger Health System. In July of 2022, Best Buy began leveraging its Geek Squad to help Geisinger better care for chronically ill patients in the home. Geisinger’s ConnectedCare365 initiative was first launched in 2021, […]
The Centers for Medicare & Medicaid Services (CMS) unveiled a new state-focused demonstration model Tuesday. One of the model’s primary objectives is to shift health care spending and utilization more toward primary and community-based care. The States Advancing All-Payer Health Equity Approaches and Development Model (AHEAD Model) will aim to better address chronic disease, behavioral […]
Home health providers, health systems and large health care-focused retailers are moving away from being one-dimensional companies. With home-based care as the starting point, many of these organizations are embracing 360-degree home-based care delivery models. One company that exemplifies this is the home-based care provider Amedisys Inc. (Nasdaq: AMED). The Baton Rouge, Louisiana-based company delivers […]
Walgreens Boots Alliance (Nasdaq: WBA) CEO Roz Brewer has stepped down from her leadership position and the company’s board. Brewer led the company during a period where it invested more in health care service delivery – including in-home care – than ever before. She took over in March 2021. Her exit is effective immediately. “I […]
When home-based care providers think about the “middlemen” they are frustrated with, their minds will likely wander to the conveners in between themselves and Medicare Advantage (MA) plans. Undoubtedly, some of those conveners play a middleman role, and can strain the relationship between providers, payers and patients. But they aren’t the only ones. In fact, […]
As its core business lines struggle, Best Buy (NYSE: BBY) is banking on its home-based health care investments – in part – to drive better financial performance moving forward. It has been inching its way toward home-based care for years now. But it really dove in when it acquired the at-home care tech platform Current […]
While traditional home-based care operators specialize in caring for people in their homes, other health care providers have begun leveraging the setting, too. One company, Aware Recovery Care, is offering addiction treatment services in the home. This is highly unique for substance use disorder treatment. “This is a company delivering an innovative longitudinal in-home care […]
When it was first announced that the home health giant LHC Group was being acquired in March 2022, it wasn’t shocking. What was shocking, at least to some, was the buyer – UnitedHealth Group’s (NYSE: UNH) Optum. Though Humana Inc. (NYSE: HUM) had already acquired Kindred at Home, UnitedHealth Group getting into the mix was […]
The Medicare Shared Savings Program (MSSP) continues to save Medicare over a billion dollars annually. And some of the highest-performing, most innovative Accountable Care Organizations (ACOs) participating in the program continue to generate savings by effectively using home-based care. The U.S. Centers for Medicare & Medicaid Services (CMS) announced Thursday that MSSP saved Medicare $1.8 […]
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