As Medicare Advantage (MA) penetration continues, home health providers are leaning on regional MA contracts to shore up their bottom lines. These types of contracts are proving beneficial to mid-sized providers, as well as some of the largest providers in the country. “For us, getting it right at a local level is success in Medicare […]
Category: Medicare Advantage
CVS Health (NYSE: CVS) laid out its plan to adapt to the changing needs of Americans that are 65 years old and above on Thursday. One of the pillars of that plan is a comprehensive home-based care strategy, one that will be bolstered by its recent $8 billion acquisition of Signify Health. “We’re envisioning a […]
Traditions Health is a burgeoning home health provider. The company’s footprint is expanding, and all the while, it is figuring out how to best deal with payer diversification, technological innovation and mitigating the effects of Medicare fee-for-service payment rate cuts. Its CEO, David Klementz, had a one-liner that resonated with the crowd at Home Health […]
The nature of home health provider-Medicare Advantage (MA) plan relationships has slowly begun to change, as some organizations have found ways to successfully work together and derive value from these collaborations more effectively. One factor that is changing the nature of payer and provider relationships is that there’s no denying that MA enrollment is on […]
Bayada’s home health care leader, Michael Johnson, has taken over the company’s hospice practice as well. In one world, he is trying to perfect easing patients back to their regular lives, or better health. In the other world, he is trying to perfect easing them to death with grace. Those are near-opposite frames of mind, […]
With Medicare Advantage (MA) enrollment poised to surpass traditional Medicare, home health providers will be forced to engage with plans, or otherwise, be left behind. That’s according to William A. Dombi, the president of the National Association for Home Care & Hospice (NAHC). Dombi expressed this viewpoint during his keynote speech at the Illinois HomeCare […]
A recent study found that in areas with a higher percentage of people enrolled in Medicare Advantage (MA) plans, traditional Medicare beneficiaries use less post-acute care services. Additionally, those areas did not see an increase in hospital readmissions, despite the drop in post-acute care services. The study also found that hospital readmissions were lower in […]
The national home care franchise BrightStar Care has once again expanded its corporate-owned footprint, this time with the acquisition of eight locations in Wisconsin. Based in Chicago, BrightStar Care has been significantly growing its corporate-owned footprint lately. With the most recent acquisition of BrightStar franchise locations, the company now fully owns close to 10% of […]
Medicare fee-for-service rates are not where home health providers want them to be. That’s forced their hand when negotiating rates with other payer sources. “We are payer agnostic, but we’re payer selective,” Traditions Health CEO David Klementz said Thursday at Home Health Care News’ Capital + Strategy event in Washington, D.C. Traditions Health is a […]
With only a couple years under its belt since its launch, Patina Health – a Philadelphia, Pennsylvania-based home-focused primary care medical practice – has secured partnerships with multiple major health plans. Patina’s work with payers combines care coordination and primary care services for seniors. For a company that has dubbed itself the “easy button for […]