Historically, a growing geographic footprint has been a key indicator of success for home-based care providers. Now, that metric is giving way to a new priority: operational density. Strengthening operations within current markets now drives census growth more effectively than geographic expansion via M&A or de novo growth – a shift that is expected to […]
At some point in their lives, most Americans will need some type of in-home care support. The issue is that — due to the caregiver shortage, the rising cost of care, Medicaid qualifications and a number of other factors — many of them won’t be able to afford it. As a way around the more […]
Home health providers’ battle for fair reimbursement from Medicare Advantage (MA) plans will be a “generational battle,” and not one they will win overnight. But, at least for larger home health providers, their strategies in that battle are much more definitive than they were even a few years ago. Luke James, the president of VitalCaring, […]
Despite the fee-for-service rate environment, Addus Homecare Corporation (Nasdaq: ADUS) is bullish long term on home health care, which represents its smallest segment of business. But that doesn’t tell the whole story. What Addus is really in on is home health care alongside personal care, which it can offer across Illinois, New Mexico and Tennessee. […]
Addus HomeCare Corporation (Nasdaq: ADUS) has reduced turnover and delivered on important acquisitions over the past few months. Still, a home- and community-based services (HCBS) proposed rule is hanging over its head. That rule, of course, includes the 80/20 provision, which would see the Centers for Medicare & Medicaid Services (CMS) mandate that 80% of […]
The odds are stacked against home health providers. Even while more care is heading to the home, providers have three fundamental problems. The first is that there is an insufficient workforce to meet demand. The second and third are both rate-related. The Centers for Medicare & Medicaid Services (CMS) is actively reducing home health reimbursement […]
The Centers for Medicare & Medicaid Services (CMS) unveiled the Guiding an Improved Dementia Experience (GUIDE) Model this week. Stakeholders are already weighing in on how the model may affect home-based care agencies. “We’re very pleased with that announcement, and it is certainly something that we’re going to explore,” Addus HomeCare Corporation (Nasdaq: ADUS) COO […]
Help at Home makes two more acquisitions The Chicago-based Help at Home announced this week that it has acquired the Ohio-based Berkshire Homecare and the Indiana-based My Care at Home. “We want to extend a warm welcome to the Berkshire Homecare and My Care at Home caregivers, clients and payer partners to Help at Home,” […]
Addus HomeCare Corporation (Nasdaq: ADUS) is not as worried about the future of home health care. While home health providers across the country are scrambling to advocate against – and adjust to – payment rate cuts, Addus leaders are looking for more opportunities to broaden the company’s home health reach. They also believe the rate […]
Addus HomeCare Corporation (Nasdaq: ADUS) announced Thursday that it has acquired Tennessee Quality Care — a home health, hospice and private duty nursing provider. The price tag was $106 million. Tennessee Quality Care serves an average daily census of about 1,800 patients through 17 locations, and was formerly owned by American Health Partners. The provider’s […]
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