Social determinants of health became a buzz term at some point over the last five years. They were what every health care provider – and home-based care provider, in particular – wanted to fix in seniors. But during the pandemic, some of those factors worsened seniors. That’s according to a new study from administered by […]
Alignment Healthcare
Alignment lands $135 million in Series C Medicare Advantage (MA) startup Alignment Healthcare has deepened its pockets. The Orange, California-based MA player announced March 4 that it has raised $135 million in Series C funding, led by Fidelity Management & Research Company. Additional funding came from funds and accounts advised by T. Rowe Price Associates […]
Newfound Medicare Advantage (MA) flexibilities have encouraged many of the big U.S. insurers to pursue tighter relationships with home- and community-based care providers for the 2020 plan year. But up-and-coming MA players are doing the same, including the still large but slightly lesser-known senior-focused health services company Alignment Healthcare. Alignment revealed several new socially conscious, […]
Grandkids-on-demand startup Papa has raised $10 million in Series A funding, pushing the Miami-based company’s total funding raised above $13 million. The recent investment round was led by Silicon Valley-area venture capital firm Canaan, with money also coming in from Sound Ventures, Y Combinator and Pivotal Ventures, a firm created by Melinda Gates. Past big-name […]
Elara Caring — the PE-backed home health, hospice and personal care giant created as the result of a three-way merger in 2018 — has a new top executive at the helm. The Addison, Texas-based company announced Friday that Medicare Advantage (MA) veteran Scott Powers is taking over as CEO, effective immediately. Powers replaces G. Scott […]
With 2020 just a few months away, Medicare Advantage (MA) plans are popping up left and right. Home care benefits continue to be a driving force behind the growth. In the past week alone, the 2020 market gained at least two new MA plans. Anthem Blue Cross and Blue Shield of Maine and MaineHealth announced […]
Home Health Care News Perspective: With certain non-skilled in-home care services allowable under the Medicare Advantage program in 2019, the home care industry has made landing partnerships with health plans a top priority. But significant opportunities may not arise until 2020, experts predict. Just 3% of MA plans will next year offer in-home support services such as […]
One of the nation’s largest home health providers, Amedisys, has recovered from a large legal settlement and is positioning itself for success with new payor organizations, company leaders said in announcing fourth quarter 2014 earnings this week. In April 2014, Amedisys agreed to pay $150 million to the federal government, resolving charges that it provided […]
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