ShiftMed — a staffing platform — has acquired CareerStaff Unlimited from Genesis HealthCare, a long-term care services provider. “The integration of CareerStaff with ShiftMed allows us to fulfill 100% of our clients’ On Demand needs through one workforce platform,” Todd Walrath, CEO of ShiftMed, said in a press statement. “By merging ShiftMed’s acclaimed mobile-first suite […]
Category: Personal Home Care
Home-based care stakeholders are navigating a very different environment than they were in the past. No one understands that better than prolific acquirers like HouseWorks, PurposeCare and Care Advantage. All three companies are doing unique things to maintain growth in 2024, however. Firstly, over the last few years, there has been a vast chasm between […]
BrightStar Care has built a reputation as one of the home care industry’s innovators. Past examples of the home care franchise company’s pioneering spirit include its investment in small-home senior living residences and its educational partnership with Chamberlain University. On Tuesday, the Gurnee, Illinois-based BrightStar announced its latest innovation effort, which will include an expansion […]
On Tuesday, Centers for Medicare & Medicaid Services (CMS) officials vehemently backed the thought process behind the “80-20” wage mandate in home- and community-based services (HCBS). Providers and advocates, on the other hand, continued to argue that the policy could be disastrous. During a press call Tuesday, CMS stuck with the theme that, in general, […]
The White House teased the finalized Medicaid Access Rule early Monday, and the Centers for Medicare & Medicaid Services (CMS) later revealed more intricate details attached to the rule. Firstly, the timeline of the rule is now clear. Specifically: – In three years, states must “report on their readiness to collect data regarding the percentage […]
The “Ensuring Access to Medicaid Services” rule has been finalized. Most importantly, the bemoaned “80-20” provision has gone through as proposed, meaning providers will eventually be forced to direct 80% of reimbursement for home- and community-based services (HCBS) to caregiver wages. First proposed by the U.S. Centers for Medicare & Medicaid Services (CMS) in April […]
The home health, home care and hospice industries are barely exhibiting signs of life when it comes to M&A, sans a few active companies. Transactions were again historically low in the first quarter. Overall, only 12 total home-based care deals have been reported from the first quarter, according to data provided by the M&A firm […]
Traditions Health taps new VP of operations The large home health and hospice provider Traditions Health has named Angela Collins as the vice president of operations. In her role, she will specifically be responsible for home health branches in Kansas, Oklahoma and Texas. She will also take part in – and oversee – growth initiatives. […]
COVID-19 took a lot out of Americans, both personally and professionally. For Shelly Sun, the founder and then-CEO of BrightStar Care, 100-hour work weeks in 2020 and 2021 became commonplace. Sun was no stranger to hard work. She had led her company from a single location home care agency to a nationwide home care franchise […]
Home-based care dealmaking remains in a lull, one it hasn’t been able to shake since the historical M&A highs of 2020 and 2021. “We didn’t expect it to be that flat and that consistent for 2023,” Mark Kulik, senior managing director at M&A firm The Braff Group, said during a presentation at Home Health Care […]
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