Home Health Care Agencies Threatened as Wages Rise, Reimbursements Lag

As more states push to raise the minimum wage, home-based care companies must work harder than ever to attract and retain workers as competition among employers grows. In home health care, agencies’ success often depends on Medicaid reimbursement, which is not keeping up with wage inflation in some states. And in private-pay home care, increased […]

Insurance Risks for At-Home Care Agencies and How to Address Them

As health care costs rise unsustainably and the aging population booms like never before, the need for affordable at-home care continues to grow. But from an insurance standpoint, providing that care could soon come with more risk and a higher price tag. “There’s no specific data that is publicly available that speaks to [at-home care […]

Humana Updates Management Team, LHC Group Fills Out Board

Humana updates management team with internal hires Health insurance giant Humana Inc. (NYSE: HUM) has filled two leadership roles with internal candidates. The Louisville, Kentucky-based company has promoted Joseph Ventura to General Counsel and named Douglas Stoss interim lead for Humana’s Office of Corporate Affairs. Both will serve as members of the company’s management team. […]

Caregiver Shortage Could Mean 7.8 Million Unfilled Jobs By 2026

The nationwide shortage of caregivers continues to be one of the biggest industry-wide problems for home health and home care agencies, with no end in sight. And in the future, the employment crunch could become even worse than previously expected. That’s according to a new report from Paraprofessional Healthcare Institute (PHI), a worker advocacy organization […]

Humana Names Incoming Chief Medical Officer, Graceworks Hires New CEO

Humana Hires New CMO Humana (NYSE: HUM) has appointed a new chief medical officer. Dr. William Shrank will take the reins April 1, as current CMO Dr. Roy Beveridge transitions to retirement later in the year. Beveridge will stay on for several months after Shrank steps in to ensure a smooth transition, according to Humana. […]

How to Protect Against Home Care Clients, Caregivers Cutting Out Agencies

Shortly after Jocelyn Mayo founded Pampering Plus, a Pennsylvania-based company that provides medical and nonmedical at-home services, a caregiver and private-pay client struck a deal to continue working together while cutting the agency out of the picture. Luckily, buyout agreements previously made with both parties helped Mayo recoup some of her losses.   “[The client] […]

Interim Taps Former Bayada Exec Sheets as CEO

A former Bayada executive is taking over the reins at home health franchise giant Interim HealthCare Inc. On Monday, Sunrise, Florida-based Interim announced that it had named Jennifer Sheets as its new CEO and president, effective immediately. Sheets — who most recently served as a chief clinical officer and senior executive of clinical operations, innovation, […]

Bain’s Home Care Group Makes First Acquisition, Eyes Further Growth

Bain Capital Double Impact’s newly formed home care group is expanding less than three months after its creation. And Arosa+LivHome’s growth won’t stop there. Grayslake, IL-based Partners in Senior Care is the provider’s newest addition. Financial terms are not being disclosed. Nor is information about whether the company will rebrand or change its name.   […]

WellSky Taps Fazzi Head as CCO; Collective Medical Hires New Leadership

WellSky Creates, Fills New Position WellSky, a health and community care technology company backed by TPG Capital, has named a new chief clinical officer. Fazzi Associates President Tim Ashe will hold the newly created position, in which Ashe will guide meaningful patient outcomes, combining technology and clinical care. Ashe will continue to serve as president […]