In an attempt to branch out, more personal home care agencies are looking to acquire companies in other sectors. Those additions, the companies believe, will allow them to unlock opportunities and stand out among their peers. A prime example is Best of Care Inc., which purchased Moving Mentor Inc. – a move management, organizing and […]
President Joe Biden and his administration are using the importance of personal home care as a way to fight back against some Congress members’ desire to cut Medicaid funding. In a letter that opposed certain aspects of the “Congressional Republican agenda,” the White House criticized Republicans’ previous plans to repeal the Affordable Care Act, cut […]
The state-by-state nationwide rollout of Electronic Visit Verification (EVV) – mandated by the Cures Act – hasn’t been straightforward. Time and money has been invested into EVV in the home-based care world, and yet, in 2023, persistent confusion remains. “For personal care providers at this point in time, the deadline has passed,” HHAeXchange President Stephen […]
Addus HomeCare Corporation (Nasdaq: ADUS) wants to continue to grow its personal care and home health segments, the former being its largest segment and the latter being its smallest. That has been its plan for some time now, but the surrounding factors around those goals continue to change. For instance, after the CY2023 payment rule […]
Home-based care leaders are constantly looking to other industries to find inspiration. Take the airline industry, for example. Despite some of its warts, the convenience of looking up and booking a flight is an immediate process. There is no window of time where a hopeful traveler requests a flight and has to wait a certain […]
Gentiva – the company comprised of the hospice and personal home care assets of what was formerly Kindred at Home – has agreed to acquire ProMedica’s Heartland home health and hospice assets for $710 million. Led by the former CEO of Kindred, David Causby, Gentiva is backed by both Humana Inc. (NYSE: HUM) and the […]
Modivcare Inc. (Nasdaq: MODV) is committed to investing more time and resources into value-based care models, and eventually plans to move into more shared-risk arrangements across its entire platform. Modivcare CEO L. Heath Sampson explained the company’s growth goals in a fourth-quarter earnings call Thursday. “To scale, we will strive for operational excellence, integrate as […]
Because the home care industry is so large and fragmented, consensus is often hard to come by. That is the likely outcome for the debate around banning non-compete agreements, too. For instance, there are plenty within the industry who believe that would be a step in the right direction. But then there are the providers. […]
Three new hires join Elara Caring Elara Caring announced that it has made three new hires. Matt McClasky joins the company as senior vice president of business development, Chris Corrigan joins as general counsel and Shane LuQuire as vice president of hospice sales. “Elara continues to build and develop its robust bench of talent as […]
HouseWorks announced earlier this week that it would be acquiring Associated Home Care (AHC), the personal care division of Amedisys Inc. (Nasdaq: AMED). In addition to the two directly involved parties, HouseWorks CEO Michael Trigilio believes that the key winners from the deal are the caregivers and payers. “The workforce is going to have great […]
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