After a down couple of months mirroring broader economic trends, home health stocks are headed back up. Home health stocks climbed by more than 21% in November compared to the previous month, according to the most recent Home Health Index (HHI) from Stoneridge Partners, a mergers-and-acquisitions firm based in Louisville, Kentucky. The HHI is a […]
Category: News
In the midst of an ongoing labor crunch, one electronic health monitoring company is rolling out a virtual caregiver named “Addison” and is positioning itself to work with private-duty home care agencies. SameDay Security has raised $35 million to make it happen. The funds, of which about $32 million came from the recently completed Series […]
We surveyed executives across the country, and they shared best practices for overcoming the greatest issues facing their healthcare organizations. From taming revenue losses to tracking payer processes, the winning techniques are revealed in our must-read flipbook. You’ll discover how to: Overcome inaccurate reporting Cope with declining patient satisfaction Capture revenue instead of it being […]
The 11th episode of our podcast, Disrupt, is now available! Since joining HomeWatch Caregivers in 2015, Julie Smith has led the company from being family-owned to being in private equity ownership, through transactions that set industry records for their multiples. Today, HomeWatch Caregivers is leveraging the PE capital to expand its footprint, and it is […]
LHC Group, LifePoint Health Expand Partnership Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG) is building one of its key joint ventures. On Monday, LHC Group and health network LifePoint Health announced that the companies have finalized two transactions to purchase and share ownership of a pair of home health organizations. They include Hickory, North Carolina-based Guardian […]
The Centers for Medicare & Medicaid Services (CMS) did not meet its publicly announced Monday goal of launching the Review Choice Demonstration (RCD) in Illinois. RCD is a revamped version of CMS’ widely opposed Pre-Claim Review Demonstration (PCRD) from 2016, an initiative that required home health providers to send in their Medicare claims earlier in […]
Brookdale Senior Living (NYSE: BKD) should split into two entities, activist investor Land & Buildings said in an open letter released Monday. Under the proposal, Brookdale would create a real estate investment trust (REIT) for its owned properties and a separate public company for its management business, including its ancillary services division that includes home health. […]
Technology titan Apple Inc. (Nasdaq: AAPL) has taken yet another step toward becoming an important player in the health care world and a potential resource for home-based care providers, particularly when it comes to heart health. Cupertino, California-based Apple announced Thursday that the newly available ECG app on its Apple Watch Series 4 model will […]
Humana Announces Strategic Leadership, Care Delivery Changes Insurance giant Humana Inc. (NYSE: HUM) has hired a new chief strategy and corporate development officer. Vishal Agrawal, M.D., previously of Washington, D.C.-based financial services and investment firm the Carlyle Group, steps into the position on Dec. 10. In the new role, Agrawal will spearhead advancing the company’s […]
It’s been a little more than a year since San Francisco-based startup Honor launched a new strategy focused on partnering with existing home care providers. The partnership approach has so far helped Honor shift to a more sustainable business model and expand its market presence, company leaders say, but it has generated persistent rumors and […]