When Addus HomeCare Corporation (Nasdaq: ADUS) CEO Dirk Allison took the reins of the massive Medicaid-reimbursed personal home care provider in 2016, he pulled them in an entirely new direction. More than three years and several acquisitions later, his strategy to deepen the company’s footprint rather than widen it seems to be paying off — […]
With Hurricane Barry making landfall in Louisiana earlier this week, severe weather season is officially upon us. While no deaths have yet been reported yet as a result of the storm as of Tuesday, natural disasters such as hurricanes, fires and tornadoes present life-threatening risks for home-based care recipients nationwide, especially those who depend on […]
Presidential hopeful Cory Booker, a Democratic senator from New Jersey, has announced plans to drastically increase funding for long-term care, with the goal being to give more Americans the option to age in place. Booker unveiled his plans this week during a presidential forum in Iowa hosted by the AARP and the Des Moines Register. […]
The financial well-being of home- and community-based care providers often depends on Medicaid reimbursement, which has stagnated throughout much of the country in recent years. One state is trying to rebalance the equation with a first-of-its-kind annual inflation increase for all Medicaid home care and hospice direct fee-for-service rates. Last June, the Rhode Island General […]
At least 22 states and localities are increasing minimum wages on July 1. At the same time, the House of Representatives is expected to vote on whether to raise the federal minimum wage to $15, more than double the current rate of $7.25. While many people are celebrating the pay hikes as a victory for […]
Medicaid beneficiaries in one state can now use Lyft (Nasdaq: LYFT) as a covered transportation option to get to and from medical appointments. The San Francisco-based ride-hailing company announced Wednesday that it has become a certified Medicaid provider in Arizona, where it aims to help address social determinants of health by reducing missed doctor’s visits […]
Bayada Home Health Care — one of the largest and oldest home health providers in the country — has hit the 1 million mark in terms of clients served. On the heels of this major milestone, the Moorestown, New Jersey-based company is positioning itself to tackle Medicaid reimbursement rates moving forward. “Serving our millionth client […]
When CEO Randy Klein took over Hometeam about a year ago, he was tasked with leading the private equity-backed home care company into a new era. The New York-based startup had recently switched from its direct-to-consumer business model to one based on partnering with other agencies and insurers. It also moved from a payment structure […]
Seniors who need nonmedical home care the most — the oldest, sickest and often most vulnerable — are the least likely to be able to afford it. Unfortunately, labor shortages are expected make home care services even less affordable in the years to come. That’s according to a new study published in the June issue […]
Addressing social determinants of health is especially important for Medicare Advantage (MA) beneficiaries, as they are increasingly affected by a lack of services targeting those needs, which include access to and quality of housing, food and transportation, among other socio-economic factors. That’s according to a recent report from Avalere Health, a Washington, D.C.-based health care […]