Home-Focused Network Management Company Dina Raises $7 Million

Dina — a digital network management company for home- and community-based services — recently closed a $7 million funding round. The round was led by venture capital investor First Analysis, with participation from existing investors Osage Venture Partners and First Trust Capital Partners. Dina also counts SCAN Group as one of its investors. The organization […]

States Struggle With Assessing Outcomes Of ARPA-Funded HCBS Programs, New Brief Finds

States with home- and community-based services (HCBS) providers are facing an uphill battle when it comes to implementing service offerings and evaluating the success of their programs linked to the federal funds from the American Rescue Plan Act (ARPA). That’s according to a new brief that explores how states are assessing the outcomes of their […]

Why Medicaid HCBS Providers May Pull Their Business From Unfavorable Markets

Between the increase to the Federal Medicaid Assistance Percentage (FMAP) match and American Rescue Plan (ARP) funds, home- and community-based services (HCBS) providers had a safety net. In 2024, providers will need to prepare for a very different environment that does not include these financial buffers. “We’ve had success in many states, over the last […]

‘It’s Not Just The Payer’s Fault’: Aveanna CEO Jeff Shaner On Listening To Health Plans

In terms of home-based care providers’ relationship with payers, Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) CEO Jeff Shaner believes that the next few years will be “transformative.” Providers will have to be intentional in their agreements to reach the future success they desire, Shaner believes. He said so on Tuesday during a panel discussion at […]

CVS Health Ventures Backs Home-Based Care Company WellBe Senior Medical

WellBe Senior Medical has received an investment from CVS Health Ventures, the corporate venture capital arm of CVS Health (NYSE: CVS). The company did not disclose the investment amount. The funds will further fuel WellBe’s national expansion. Currently, the company operates in seven states across the U.S. Most recently, it set up shop in Oregon. […]

From $40M to $400M: How HouseWorks Dramatically Grew Its Business in 12 Months

One of the most well-established independent home care companies in the nation is heading into the new year with a new identity – and a much larger overall business. Just a few years ago, the Greater Boston-based HouseWorks brought in about $25 million in annual revenues, with nearly all of that coming from private-pay home […]

Report: Disparities Emerge In Those Seeking LTSS As They Age

People who are 55 years old, and living in a community setting in the U.S., are seeing major disparities when it comes to long-term services and supports (LTSS) needs, a new report from research and advisory firm ATI Advisory found. ATI Advisory found that these disparities exist by examining race, gender and geography. The report […]

CMS Releases Guidance Emphasizing More Tools, Funding To Support HCBS

The U.S. Centers for Medicare & Medicaid Services (CMS) is again taking steps to increase access to Medicaid home- and community-based services (HCBS). On Tuesday, the agency provided further guidance around how states can better support HCBS programs, which are both popular and sometimes hard to navigate. “For too long, American families have struggled to […]