2023 Home Care Executive Forecast: Agencies Must Adapt To Rising Bill Rates, Technology Advancement

The new year is shaping up to be another critical one for personal home care agencies. While bill and pay rates continue to rise, many agencies are figuring out how to provide long-term sustainable care plans that are both effective and affordable. At the same time, technology implementation and data collection are two aspects of […]

Health Plan Executives Rarely Discuss Home Care Models: Survey

A new survey shows that nearly two-thirds of executives rarely meet to discuss home care and only 38% say their organization is performing “very well” when it comes to supporting members’ use of home care services. Poor communication and coordination among various stakeholders, delayed services and lower member satisfaction are just a few of the […]

2022’s Most Interesting Home-Based Care Transactions

The flurry of 2021’s home-based care deals was a tough act for 2022 to follow. Especially in the third and fourth quarters of last year, a record-breaking number of transactions went down. A variety of factors contributed to that volume, including changing conditions that – at least for a short period of time – allowed […]

With Risk Capabilities And ‘Full Continuum’ In Mind, Care Advantage Delivers On Another Acquisition

Care Advantage Inc. has acquired the Reston, Virginia-based Lighthouse Healthcare Inc., a private-pay personal care company. Financial terms of the deal were not disclosed. Care Advantage CEO Tim Hanold told Home Health Care News that Lighthouse “complements” what the company is already accomplishing in Northern Virginia. “We’ve made a number of acquisitions over there in […]

Modivcare Forecasts Major Growth In Personal Care, Further Benefits From Value-Based Contracts

Modivcare Inc. (Nasdaq: MODV) leaders are forecasting pretty significant growth for the company in the near-term future. Specifically, they expect 7% to 10% growth across the entire company. Just one month after laying out his 90 day goals for Modivcare during the company’s Q3 earnings call, President and CEO Heath Sampson shared his target growth […]