For home health providers trying to survive the fundamental shift that is the Patient-Driven Groupings Model (PDGM), leveraging resources as efficiently as possible will be especially important. For Advocate Aurora Health’s post-acute care division, that means improving outcomes around wound care through enhanced training and education. It’s a clinical pathway several industry experts and consultants […]
From the monumental Patient-Driven Groupings Model (PDGM) and the unexpected pre-payment phaseout to the expanding Review Choice Demonstration (RCD), 2019 was a whirlwind year for the home health industry. Those three regulatory hurdles — and other changes — likely set up an even more chaotic year in 2020. Home health industry insiders and top executives […]
LHC Group names senior medical advisor LHC Group Inc. (Nasdaq: LHCG) has named its former part-time chief medical officer, Dr. Benjamin Doga, as its new senior medical advisor. Lafayette, Louisiana-based LHC Group and its 32,000 employees deliver home health, hospice, personal care and facility-based services to over 100,000 patients across the U.S. Dr. Doga, who […]
Regulatory changes and renewed interest from private equity firms has had a major impact on the home health market over the past few years. That impact is easily observed just by looking at the list of largest home health providers in 2019. In order, Kindred at Home, Amedisys Inc. (Nasdaq: AMED) and LHC Group Inc. […]
Encompass Health (NYSE: EHC) has made a minority investment in predictive analytics firm Medalogix. Regulatory changes and staffing shortages driving the need for increased efficiency in home health and hospice motivated the investment, according to Encompass Health Chief Strategy Officer Luke James. “As we look out into the future, [we’re excited about] having a direct […]
A telehealth pilot targeting wound care patients has helped AccentCare cut costs and reduce readmissions for participating offices. As a result, the program — made possible through a partnership with virtual care platform Synzi — will soon see a larger rollout. The program could serve as an example for the hoards of providers industry-wide hoping […]
Market density and integration throughout the health care system are two main pillars for AccentCare, one of the biggest post-acute care companies in the country. Dallas-based AccentCare provides home health, hospice, personal care and related services across more than 175 markets in 16 states. The company has grown rapidly in recent months, thanks to eight […]
Global private equity firm Advent International has entered a definitive agreement to acquire AccentCare from its current PE-backer, Oak Hill Capital Partners. Financial terms were not disclosed. The acquisition is one of six home health PE deals announced so far this year, with fewer industry deals happening at a slower pace than in years past. […]
Another large health system is breaking into home health care and hospice. Dallas, Texas-based Cornerstone Healthcare Group made its first dive into the spaces earlier this month with the acquisition of Phoenix, Arizona-based Southland Home Health. Financial terms of the deal were not disclosed. The acquisition is the first of many similar deals in the […]
AccentCare Inc. announced Thursday it had acquired Steward Home Care and Hospice, kicking off 2019 by continuing a hot M&A pace set over the past couple years. The Steward acquisition — effective Dec. 31, 2018 — catapults Dallas-based AccentCare into the new states of Massachusetts and New Hampshire, expanding the company’s reach to 16 states […]