It’s been a year of changes for Bayada Home Health Care. This June marks the one-year anniversary of the grand opening of Bayada’s new global support center in Pennsauken, New Jersey. And it’s been about 10 months since David Baiada became the company’s CEO, taking over the role from his father, J. Mark Baiada, who […]
The current chief technology officer for the U.S. Department of Health and Human Services (HHS) will soon leave his post in Washington D.C. to join Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG) and fill a newly created position dedicated to innovation. HHS CTO Bruce Greenstein will become LHC Group’s first chief innovation and technology officer in June, […]
CEOs from publicly traded home health care companies brought home a combined total of about $39.5 million in 2017—though some execs certainly earned far more than their industry peers. In order, CEOs from Kindred Healthcare (NYSE: KND), Encompass Health (NYSE: EHC) and Amedisys, Inc. (Nasdaq: AMED) took home the most last year in total compensation, […]
Fresh off its mega-merger with Almost Family, home health care giant LHC Group (Nasdaq: LHCG) is still eyeing big mergers and acquisitions opportunities in 2018. “We might be tempted to sit back and rest on our laurels, but that’s not in our DNA,” CEO Keith Myers said Thursday during the company’s first quarter earnings call. […]
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 […]
In the midst of acquiring a stake in the largest home health provider in the nation, insurance giant Humana (NYSE: HUM) might also be in early stage talks to itself be acquired by retail behemoth Walmart (NYSE: WMT). The combination of Humana and Walmart, though far from certain, would potentially be a game-changer for home […]
As LHC Group (Nasdaq: LHCG) continues to make inroads with partners in the shift to value-based care, a new business segment it is picking up in its merger with Almost Family (Nasdaq: AFAM) could accelerate the process. Lafayette, Louisiana-based LHC Group is acquiring Louisville-based Almost Family in a $2.4 billion deal, and the emerging company […]
Private duty and home health care providers have weighed in on a recent proposal to include non-skilled in-home supports in Medicare Advantage plans in 2019, with some providers calling it a “precursor” to expanding home care services to all Medicare patients. The proposal, which was announced by the Centers for Medicare & Medicaid Services (CMS) […]
Previous health care merger blowups aren’t deterring LHC Group (Nasdaq: LHCG) executives from the hardships of major transactions as the Lafayette, Louisiana-based home health care provider works through its combination with industry peer Almost Family (Nasdaq: AFAM). “Internally, we’re calling this more of a wedding than a merger,” LHC Group CEO Keith Myers said during […]
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