Home Health Care News recently spoke with 15 home-based care leaders for our annual “Executive Forecast” articles, which we published at the end of last year. Those executives’ responses covered a wide range of topics, and were surprisingly and refreshingly diverse. But, in the end, a few themes emerged. In part, these answers helped form […]
Workforce pressures are a constant variable in home-based care. But today’s issues require far different solutions than yesterday’s, providers believe. For Accurate Home Care, the biggest pain point isn’t retention, it’s recruiting new nurses to hire. “If I had 200 nurses show up in my parking lot, I would hire them all without interviewing them,” […]
There’s a confusing outlook right now for both providers of home care and home health care. More value, worth and attention is being placed on those respective industries than ever. But, all the while, providers are facing some of their toughest challenges as 2024 nears. The attention being placed on home-based care is not leading […]
Staffing shortages, rate cuts and Medicare Advantage penetration will continue to be trends in the home health market in 2024. Those aren’t new. What is new, however, is how providers plan to combat the issues that stem from those trends. Home health leaders are focused on mitigating margin compression, utilizing more technology, leveraging artificial intelligence, […]
In the midst of the first full performance year for the expanded Home Health Value-Based Purchasing (HHVBP) model, providers are figuring out where they are succeeding and where there is room for improvement. HHVBP continues to save hundreds of millions of dollars each year, according to the U.S. Centers for Medicare & Medicaid Services (CMS). […]
The drop in transaction volume at the high end of the home health market has cleared an interesting path for smaller standalone agencies. Investment experts are seeing strong demand and valuations for mom-and-pops, and those smaller providers are seeing it themselves. “The private equity platform companies that planned to exit over the last year and […]
Accurate Home Care Hires COO Accurate Home Care, LLC (AHC), based in Otsego, Minnesota, has named Bill English as chief operating officer. Accurate Home Care provides home health care services throughout Minnesota and was founded in 2002. In his new role, English will focus on company-wide system changes and honing company culture, according to a […]
Axxess Names Dennis Petroskey as Senior VP of Corporate Communications Technology company Axxess has named Dennis Petroskey as senior vice president of corporate communications. In this role, he oversees all internal and external communications and messaging for the company. Prior to joining Axxess, Petroskey served as senior vice president of communications for the U.S. Travel […]
Buoyed by a growing demographic of Americans who want to age in place, home care companies are among the fastest-growing companies in the country, according to a recent ranking of the top 5,000 fastest-growing private companies. In the most recent Inc. Magazine’s Inc. 5000 list, 13 home care companies made the cut. It’s no surprise these companies snagged […]
As one of the fastest-growing sectors in the United States, home health care is teeming with activity — from acquisitions and partnerships to new leadership appointments and promotions. Here’s the latest news buzzing around the industry: Home Instead Appoints Jeff Huber as CEO Home Instead, Inc., the franchisor for Home Instead Senior Care, a leading […]
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