Honor — the technology-enabled home care startup that partners with independent agencies through the Honor Care Network — is gearing up for a major expansion. Those expansion plans are built around a substantial infusion of new capital, too. The San Francisco-based Honor announced Tuesday it has raised $140 million in Series D funding, led by […]
Home health providers are one step closer to getting the No. 1 thing they’ve been asking for since the COVID-19 pandemic began: reimbursement for telehealth-driven visits. On Friday, U.S. Senators Susan Collins (R-Maine) and Ben Cardin (D-Md.) introduced the Home Health Emergency Access to Telehealth (HEAT) Act, a bipartisan bill to provide Medicare reimbursement for […]
CareLinx is teaming up with virtual primary care provider Doctor On Demand to give high-risk seniors access to services in their homes. Burlingame, California-based CareLinx is a tech-enabled home care platform that connects seniors and their families to its nationwide network of 400,000 caregivers. The company was acquired by Generali Global Assistance in 2017. Under […]
Telehealth adoption has dramatically increased across health care during the COVID-19 crisis, including in the home-based care space. On their end, home health providers have built out their telehealth programs to make more comprehensive and safer care plans for their patients. Unlike other health care practitioners, however, it is much more difficult for a home […]
The COVID-19 emergency has triggered a rise in the use of telehealth strategies to deliver care, especially virtual visits. In fee-for-service Medicare alone, the number of virtual visits delivered each week in the U.S. skyrocketed from 14,000 pre-coronavirus to more than 1.7 million during the pandemic’s peak, according to Department of Health and Human Services […]
WellSky announced Tuesday it has entered into an agreement to acquire CarePort Health from Allscripts Healthcare Solutions (Nasdaq: MDRX), a health care information technology provider. The deal is for $1.35 billion, according to Allscripts. WellSky is an international software and professional services company with clients that include home health providers, hospital systems, blood banks, labs, […]
Preferred Care Home Health Services found unusual activity within its email services in April. On Monday, it notified individuals that personal information may have been exposed during a data-security incident tied to that email activity. Among the information hacked may have been names, dates of birth, contact information, and Social Security or driver’s license numbers, […]
Between the Patient-Driven Groupings Model and the COVID-19 virus, home health providers are arguably facing the most volatile environment in their industry’s history. At the same time, millions of people are now looking for safer and simpler ways to receive care, which only boosts demand for in-home care services. Looking back, rapidly evolving technology, legislation […]
The unexpected challenges of 2020 have forced innovation and technology adoption upon the home health care industry, prompting progressive providers to move further into the future and for conservative ones to try something new. Beginning to apply new technology to an agency’s operations can be a challenge, though, and throwing money at the problem often […]
Year after year, startups in the health and wellness space capture more venture capital dollars than almost any other business sector, apart from maybe cybersecurity or financial technology. Despite VC’s heavy focus on health, early-stage companies that specifically operate in the aging services and senior care arenas often go overlooked. Launched in July by one […]