Home-Based Care Providers Break Down ‘Unintended Consequences’ Of CMS’ Proposed Medicaid Rule

A proposed rule from the U.S. Centers for Medicare & Medicaid Services (CMS) – which would require at least 80% of Medicaid reimbursement for home- and community-based services go toward worker compensation – received over 2,100 submissions during its public comment period. Many of the comments included gratitude and appreciation for CMS regarding its efforts […]

CMS Allows States To Extend PHE-Era Flexibilities For HCBS

The U.S. Centers for Medicare & Medicaid Services (CMS) has extended a COVID-19 pandemic-era waiver that will allow home- and community-based service (HCBS) providers to take advantage of flexibilities in their state programs. The Appendix K waiver allowed HCBS providers more wiggle room during emergencies, such as the COVID-19 pandemic. CMS introduced the waiver to […]

The Most Intriguing Home-Based Care Deals of 2023

Home-based care dealmaking trends generally give a good idea of what’s going on in the space at large. They show you where the money is headed, and where it’s not. They show you where the Centers for Medicare & Medicaid Services’ (CMS) stroke of the pen has impacted investment or transaction activity. The trends show […]

Addus CEO Slams CMS Medicaid Proposal: You’re Going To See A Vast Majority Of The Small Mom And Pops Go Out Of Business

Of all the challenges home-based care providers are facing, it’s the U.S. Centers for Medicare & Medicaid Services’ (CMS) proposed rule regarding Medicaid access that is top of mind for Addus HomeCare Corporation (Nasdaq: ADUS) leaders. Addus Chairman and CEO Dirk Allison called CMS’s proposal the company’s “biggest challenge” over the past several weeks. “They’re […]

Why Certain States Spend Big On Medicaid HCBS

According to the most recent data, an estimated 5.8 million people utilize home- and community-based long-term services and supports (LTSS). Medicaid is the primary payer for LTSS. The U.S. spent over $400 billion on LTSS in 2020, nearly 10% of all health care expenditures. More than half of that spending went toward home- and community-based […]

CMS Medicaid Proposals Offer Transparency And Accountability, But Compensation Provision Could Cap Business For Cash-Strapped Providers

On Thursday, the U.S. Centers for Medicare & Medicaid Services (CMS) proposed a new rule that would make major changes to the way that home care workers are compensated under Medicaid. While home-based care stakeholders recognize that the proposal could lead to some improvements, many are critical of what they view as a one-size-fits-all approach […]

BrightStar Care Hires New Marketing Chief; Addus, Pennant Make Changes To Their Boards

BrightStar Care names new chief marketing officer BrightStar Care has promoted Teresa Celmer to chief marketing officer. Prior to her appointment, she had served as the company’s senior vice president of marketing since 2019. “I am thrilled to be stepping into the role of chief marketing officer of BrightStar Care and am expertly positioned to […]

How Addus Is Using ARPA Funds To Retain Talent

Addus HomeCare Corporation (Nasdaq: ADUS) leaders revealed Tuesday that the company still has roughly half of its American Rescue Plan Act (ARPA) funds in its treasure chest. It has been leveraging these funds as a retention lifeline. Its turnover rate is now below 55%, far better than the industry average. The company still has another […]