Predicting the future of home-based care is like predicting the weather. There will be sunny days ahead, cloudy days ahead and always the chance of isolated thunderstorms. Knowing that the weather won’t always be perfect is the first step in being prepared for whatever comes next in home-based care. “For those of us who’ve been […]
Home care providers looking to grow need to follow meticulous planning and have realistic goals. Failure to follow that guidance could mean serious operational challenges down the road. During the public health emergency, when more attention was being paid to alternative settings for long-term care, the home care industry saw record-breaking volume and valuations. Seeing […]
The Vistria Group and Centerbridge Partners are “weighing options” around the future of Help at Home, including a potential sale. Bloomberg first reported the news late Tuesday, citing “people with knowledge of the matter.” Based in Chicago, Help at Home is one of the largest providers of home- and community-based services (HCBS) in the country. […]
The U.S. Centers for Medicare & Medicaid Services (CMS) is again taking steps to increase access to Medicaid home- and community-based services (HCBS). On Tuesday, the agency provided further guidance around how states can better support HCBS programs, which are both popular and sometimes hard to navigate. “For too long, American families have struggled to […]
As artificial intelligence becomes more applicable in health care, home-based care providers are finally diving into use cases that may work for them. The Brentwood, Tennessee-based Compassus is a prime example of that. A forward-thinking provider, it has been utilizing RPM and telehealth for years, even prior to COVID-19. Now, it’s looking at ways it […]
Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) has named Matt Buckhalter as its next CFO, elevating him from the interim tag he has held since June when David Afshar resigned from the role. Buckhalter has been with the Atlanta-based company since 2016. Prior to the CFO role, he also served as SVP of finance and led […]
While home care providers are working to mitigate headwinds – such as the rising cost of delivering care and staffing challenges – they also have their eye on where the industry goes from here. As 2024 approaches, home care leaders are embracing AI, alternative payer sources, employee-centric solutions and much more. Home Health Care News […]
New Mexico is increasing its reimbursement rates for providers that bill Medicaid in the state. Overall, providers are set to get an additional $409 million in reimbursement. The increases will start taking shape on claims made on or after July 1, 2023. Another rate hike is expected in the future for CY 2025. “Thanks to […]
To strategically grow, home care companies need to build out robust sales and business development teams. As demand for home care rises, sales teams are on the front lines of a very competitive private-pay marketplace. Oftentimes, the sales team is the linchpin between the caregiver, the client and a successful business. “One of the things […]
Care Advantage announced Tuesday that it has acquired Nova Home Health Care. The acquisition expands Care Advantage’s Northern Virginia footprint — a market that CEO Tim Hanold believes is an important one for current and future growth. The financial terms of the deal were not disclosed. “Northern Virginia is one of the more populated areas […]
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