One of the largest home care and community health organizations in the country has landed additional financial support to continue building out its home-based primary care and palliative medicine offerings. Holmdel, New Jersey-based Visiting Nurse Association Health Group announced in January that it had been awarded a $2.5 million grant from the Parker Foundation to […]
Apple Inc. (Nasdaq: AAPL) and Aetna — a CVS Health (NYSE: CVS) company — are joining forces on a new app. It uses the Apple Watch to help Aetna members hit their well-being goals and avoid negative health outcomes. The app — christened “Attain” — is yet another example of an insurer pursuing a creative […]
Apple Inc. (Nasdaq: AAPL) is reportedly in talks with multiple private Medicare plans about its smart watch product and the role it can play in preventing negative health outcomes for older adults. Cupertino, California-based Apple released its redesigned and re-engineered Apple Watch toward the end of 2018. Among its features, the smart device boasts a […]
Technology startup Heal is teaming up with insurance giant Aetna — now a CVS Health Corporation (NYSE: CVS) company — to bring doctor house calls to one of the United States’ largest markets. Already available throughout California, parts of Virginia and Washington, D.C., Los Angeles-based Heal announced Tuesday that it is expanding to the Atlanta […]
Home health care is projected to be one of the hottest health care sectors for growth and investment in 2019. That’s according to an investment outlook survey from professional services firm KPMG and health care intelligence business Leavitt Partners. As part of the survey, researchers polled 175 healthcare CFOs, investment bankers and private equity executives […]
Humana (NYSE: HUM) could be close to creating an “end-to-end health care experience for American seniors,” supported by its Kindred at Home ownership and a potential joint venture with Walgreens Boots Alliance (NYSE: WBA). That’s according to a Nov. 20 note from Leerink analysts; the note was issued after a Wall Street Journal report that […]
Justice Department Approves CVS and Aetna Merger CVS Health Corp. (NYSE: CVS) has secured anti-trust approval for its $69 billion acquisition of Aetna (NYSE: AET), the Justice Department announced Wednesday. The deal was approved on the condition that the company divest Aetna’s Medicare Part D prescription drug plan business to WellCare Health Plans, Inc, a […]
An insurance giant and retail superpower are teaming up in another move reflecting consumers’ desire to age in place. Anthem (NYSE: ANTM) and Walmart (NYSE: WMT) announced Monday that they’re forming a partnership to decrease health care costs and improve access to medication and supplies. If successful, the move could increase shopping convenience to home care providers and […]
Investors were bullish on home care on Tuesday, following news that Medicare Advantage (MA) plans would officially be allowed to cover non-skilled home care services starting in 2019. Care providers were excited as well, making the case that they are well-positioned to seize this opportunity, even as they are trying to determine its scope. The […]
LHC Group (Nasdaq: LHCG) and Almost Family have now officially become the second-largest U.S. home health provider. The combined company is moving forward on a plan to be a “house of brands” offering a full continuum of home health, personal care and hospice services in hundreds of markets across the country. In November 2017, the […]
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