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 […]
Category: Personal Home Care
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 […]
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 […]
The SCAN Group and CareOregon announced late Wednesday that they have entered an agreement to combine under the name HealthRight Group. It’s a deal that is, at least to some extent, more than two years in the making. On Sachin Jain’s first day in his new role as president and CEO at the SCAN Group, […]
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 […]
As demand for personal home care stays high, providers are keeping a close eye on the shrinking margin between pay and billing rates. Bill rates for home care have steadily risen over the past several years, in large part due to those growing pay rates for workers. In 2022, home care leaders have been vocal […]
Nearly one in four U.S. adults aged 50 and above said that they or a loved one needed long-term care over the past year. In addition, as they were trying to navigate that reality, they generally faced significant frustrations. This is according to a new survey commissioned by the senior-focused think tank Nexus Insights. Research […]
For someone who covers both the home health and home care sectors, 2023 was a very interesting year. Much of my time and energy was spent on covering potential home health payment cuts after the U.S. Centers for Medicare & Medicaid Services’ (CMS) release of the proposed payment rule. Even after the final rule was […]
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 […]
24 Hour Home Care has acquired the New Mexico-based home care company Inteli-Care, which will allow the former to broaden the types of patients it can care for. At Home Health Care News’ Home Care Conference in November, 24 Hour Home Care President and co-founder Ryan Iwamoto talked about some of the contemporary pressures in […]