Home Health Agencies’ Medicare Reimbursements Will Remain Flat in 2013

Medicare reimbursements to home health agencies will essentially remain flat in calendar year 2013, according to the Centers for Medicare & Medicaid Services (CMS).  Payments to home health agencies are estimated to decrease by approximately 0.01%, or $10 million, in the upcoming year, says the final rule updating Medicare’s Home Health Prospective Payment System (HH […]

Pa. Home Health Care Providers Worried About Medicare Cuts

Home health care providers in Pennsylvania are getting squeezed as Medicare reimbursements for home health services have been scaled back and the possibility of further cuts looms on multiple horizons, reports The Morning Call. Under the Affordable Care Act, Medicare is facing a $716 billion spending cut in the next 10 years, and providers in […]

World Prepares for Aging “Megatrend,” Experiments with Home Care Technology

Aging demographics in the U.S. are indicative of a “megatrend” seen throughout the world, reports CNBC, and governments across the globe are starting to look for ways to provide efficient and cost-effective long-term care for seniors. Long-term care encompasses skilled nursing, assisted living, and home health care, the article notes, but regardless of setting, it’s […]

Under New Settlement, Home Care Under Medicare Made Easier

More patients would be able to access home health care through Medicare benefits to treat chronic conditions as a result of a class action lawsuit settlement with policy implications announced this week.  In the proposed settlement, the Obama Administration has agreed to abandon a former policy that required Medicare recipients to show a likelihood of […]

Gov. Task Force Charges 91 Healthcare Providers for $430 Million Billing Fraud

The Medicare Fraud Strike Force operations has busted 91 individuals—among them doctors, nurses, and other licensed medical professionals—for their alleged participation in Medicare fraud schemes involving approximately $429.2 million in false billing, Attorney General Eric Holder and Health and Human Services (HHS) Secretary Kathleen Sebelius recently announced. The bulk of the fraudulent billing, at more […]

Flexpoint Ford Completes $71 Million Sale of IntegraCare to Kindred Healthcare

Flexpoint Ford, LLC, a private equity firm that focuses on the health care and financial services sectors, has completed the $71 million sale of IntegraCare Holdings, Inc. to Kindred Healthcare, Inc. The transaction includes a potential $4 million earn out based on 2013 earnings. IntegraCare, headquartered in Grapevine, Tex., is a Medicare and Medicaid certified […]

Democrats and Republicans Agree: Aging in Place, Home Health Care Important

Home care has been included in the political platforms of both Democrats and Republicans, signaling a shared view of the importance of aging in place and home- and community-based options for seniors.  On the GOP side, the modernization of Medicaid and the prioritization of home care were emphasized.  “Because seniors overwhelmingly desire to age at […]

Home Health Care Industry One Step Closer to New Medicare Pricing System?

Representative Tom Price, M.D. (R-Ga.) has agreed to introduce a bill in the U.S. House of Representatives replacing the current Medicare competitive bidding program for durable medical equipment and prosthetics, orthotics, and supplies (DMEPOS) with a market pricing program (MPP), a move strongly supported by many home health care groups.  The Centers for Medicare & […]

Kindred Acquires Home Health Care Provider IntegraCare for $75 Millon

Home health care and hospice provider IntegraCare has been acquired by Kindred Healthcare, Inc. (NYSE:KND), a Louisville, Ky.-based long-term care and rehabilitation services provider, for up to $75 millon.  IntegraCare Holdings, Inc., is a Texas-based portfolio company of private equity firm Flexpoint Ford LLC, and was purchased for $71 million in cash plus up to […]