Even though more and more companies have started to offer employee caregiver benefits, home care agencies aren’t always part of the equation. For example, companies like Starbucks (Nasdaq: SBUX) and Best Buy (NYSE: BBY) have turned to Care.com, a move that’s generated criticism from some industry leaders. They say verified home care providers — rather […]
Category: Personal Home Care
As Medicare Advantage (MA) plans prepare to expand their supplemental benefits in 2020 to cover even more non-medical services, players from a growing number of industries are hopping on board. That includes ride-hailing companies such as Lyft (Nasdaq: LYFT) and Uber (NYSE: UBER), which say seniors are a driving force in their health care businesses. […]
Home care providers and legislators in one state are voicing concerns about recent legislation that would allow caregivers to poach clients from home care agencies without being penalized. The provision was recently written into the Connecticut state budget. It bans noncompete contracts and similar agreements in “homemaker, companion or home health services.” In other words, […]
Home care agencies in one state could soon lose the right to prevent caregivers from poaching their clients, a move opponents worry would devastate providers. A provision recently added to the Connecticut state budget bans noncompete contracts and similar agreements in “homemaker, companion or home health services.” If passed, the legislation would remove home care […]
As the U.S. population rapidly ages, senior care providers are becoming increasingly more innovative to keep pace with consumer demand and preferences. For some, that has meant blurring the traditionally hard lines between senior housing and home care. Among the providers that do not fit neatly into the “home care” or “senior housing” boxes, for […]
Humana Inc. (NYSE: HUM) is trying to solve the U.S. health care puzzle by piecing together everything from non-medical home care focused on social determinants of health to palliative care designed to improve members’ end-of-life comfort. Communication, culture and data will be the glue holding those pieces together, according to Dr. William Shrank, Humana’s new […]
A significant portion of home care providers view Medicare Advantage (MA) as a 2020 business opportunity. But MA plans likely need more time to figure out where home care fits into their coverage, meaning real upside may still be a ways off, according to Addus HomeCare Corporation (Nasdaq: ADUS) President and CEO Dirk Allison. Allison […]
Seniors who need nonmedical home care the most — the oldest, sickest and often most vulnerable — are the least likely to be able to afford it. Unfortunately, labor shortages are expected make home care services even less affordable in the years to come. That’s according to a new study published in the June issue […]
With SCAN Health Plan and CareMore contracts, 24 Hour Home Care has been among the most active non-medical home care providers when it comes to 2019’s expanded Medicare Advantage (MA) benefits. Its early success working with MA players serves as a case study for industry peers looking to do the same in 2020 and beyond. […]
The Medicare Advantage (MA) expansions that the Centers for Medicare & Medicaid Services (CMS) announced this year and in early 2018 open the door to creative applications of non-medical home care services designed to proactively improve individuals’ health. The pair of new rules, with the broader of the two taking effect in 2020, have led […]