Raj Kaushal — a home health care veteran with decades of experience in the post-acute care world — has founded a standalone care management company. The company — Senior Healthways Inc. — officially launched on March 1. Formerly an executive at home health giants LHC Group Inc. (Nasdaq: LHCG) and Almost Family Inc., Kaushal decided […]
Almost Family
A new technology-enabled home care company is breathing life back into HomeHero, the startup once heralded as an industry “disruptor” for its business model of directly matching consumers to caregivers. After raising a total of $23 million, HomeHero was forced to cease its operations in late 2016. The new tech-powered home care player is Family […]
LHC Group (Nasdaq: LHCG) is one of the biggest home health providers in the country — and a company that has been a fixture in the home-based care business for more than two decades. During that time, the Lafayette, Louisiana-based home health giant’s business model has stayed largely the same: land joint venture partnerships with […]
When LHC Group (Nasdaq: LHCG) acquired Almost Family in 2018, a number of additional assets came with the deal, including Imperium Health Management, one of the country’s largest accountable care organization (ACO) management companies. Rather than sell the business, LHC Group decided to embrace it. “We did not even hesitate to embrace the ACO segment […]
Despite falling short of analysts’ Q4 revenue estimates, LHC Group Inc. (Nasdaq: LHCG) finished the quarter and 2018 strong, thanks in part to revenue and admission growth in its home health and hospice lines. Acquisitions and joint ventures, which set overall valuation records in 2018 for LHC Group, played a large role in the company’s […]
Just one month into the year, LHC Group (Nasdaq: LHCG) is already making progress on its 2019 goal to shift more care into the home. The home health care powerhouse on Thursday announced a new joint venture with Unity Health, resulting in shared ownership of two home health providers in Arkansas. The move is yet […]
The industry-shaping mega merger between Almost Family and LHC Group (Nasdaq: LHCG) is ahead of schedule and exceeding expectations in a number of key categories, LHC Group executives said Thursday during the 37th Annual J.P. Morgan Healthcare Conference in San Francisco. In addition to ramping up Almost Family admissions, quality scores and margins, Lafayette, Louisiana-based […]
Breaking into a hospital or health system’s narrow network of preferred providers can sometimes feel like an impossible task for small- to mid-sized home health agencies. But home health sales teams shouldn’t stop trying to make inroads altogether, as plenty of opportunities still exist even in the most restricted networks. Industry executives discussed success strategies […]
Leaders with LHC Group (Nasdaq: LHCG) struck an optimistic tone following the release of second quarter 2018 financial results. The integration of Almost Family is proceeding smoothly, joint venture and acquisition activity is favorable, and forthcoming regulatory changes should not cause major disruptions, they said Thursday during an earnings call. On April 1, LHC Group […]
This year, Encompass Health (NYSE: EHC) is executing on a new playbook to drive more—and more effective—collaboration between its inpatient rehabilitation facilities (IRFs) and home health agencies. That playbook had been in development since Mark Tarr became CEO of the company, then known as HealthSouth, in late 2016. Now, Tarr is pleased to see some […]
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