Amedisys Sees Opportunity in Competitors’ Mergers

Amedisys (Nasdaq: AMED) sees an opportunity among major consolidation in the home health care industry, CEO Paul Kusserow said at the J.P. Morgan Healthcare Conference in San Francisco on Wednesday. With competitors Almost Family (Nasaq: AFAM) and LHC Group (Nasdaq: LHCG) announcing their merger at the end of 2017, and Humana (NYSE: HUM) acquiring a 40% stake in […]

Home Health Stocks Rebound After LHC, Almost Family Announce Merger

Home health stocks climbed upward in November amid news that two of the industry’s biggest players are merging, according to the Home Health Index December update from M&A advisory firm Stoneridge Partners. Louisville, Kentucky-based Almost Family, Inc. (Nasdaq: AFAM) and Lafayette, Louisiana-based LHC Group, Inc. (Nasdaq: LHCG), vowed to join forces on Nov. 16. The deal, set to close […]

AFAM, LHC Group CEOs Talk Growth, Industry Influence

In the wake of the planned LHC Group (Nasdaq: LHCG) and Almost Family (Nasdaq: AFAM) merger, executives are bullish on growth and expansion. While leadership of both companies are calling their combination better, faster, stronger, the biggest opportunities for the merger may lie in continuing more deals between health systems and hospitals and post-acute care providers. JV opportunities  […]

Must-Read News: OASIS Changes

Happy Monday, Home Health Care News readers. We’re heading into a short week with the Thanksgiving holiday. Heads up to all our readers: We won’t be publishing on Wednesday and will return to our normal posting schedule on Monday, Nov 20. Gobble gobble! To keep you up to date on all things home health and […]

Top 10 Home Health and Hospice Providers

Despite regulatory and operational challenges within the home health and hospice industries, competition remains strong, as evidenced in Chicago-based research firm LexisNexis’ 2017 Top 100 Home Health and Hospice Agencies Rankings. The 2017 rankings were compiled by LexisNexis Risk Solutions utilizing 2016 medical claims and patient volume data from the company’s proprietary “MarketView” claims database, […]

Home Health Stocks Fell Before HHGM Decision

Home health stocks dipped in October as the industry braced for the then-forthcoming home health groupings model (HHGM) decision, according to the Home Health Index November update from M&A advisory firm Stoneridge Partners. The decision ultimately fell in favor of the home health industry. The Centers for Medicare & Medicaid Services (CMS) released its final rule on […]

Almost Family Proposes A Different Groupings Payment Model

The home health care industry was celebrating a recent decision by the Centers for Medicare & Medicaid Services (CMS) not to include a controversial payment model in its final prospective payment system (PPS) 2018 update—but there could be another idea on the table for a new payment model. At least one major home health care […]

Almost Family President: Home Health Industry Made Breakthrough with CMS

Leaders with Almost Family (Nasdaq: AFAM), one of the largest home health providers in the nation, are optimistic in light of recent payment and policy developments—specifically, that the home health groupings model (HHGM) will not take effect in 2019. “On the regulatory front, we feel we, in collaboration with others in the industry, have made […]

Home Health Stocks Rebounded in September, But HHGM Looms

Though home health investors appear to have regained confidence in the industry last month, uncertainty over the Home Health Groupings Model (HHGM) lies ahead. The market value of the three largest publicly traded home health companies rose 8.66% in September, according to the Home Health Index October update from M&A advisory firm Stoneridge Partners. The share price […]

Almost Family Expects $3 Million Income Loss from Hurricanes

Almost Family (Nasdaq: AFAM) expects recent hurricanes will negatively impact its financial results, with up to $3.5 million in lost income expected for the third quarter. The Louisville, Kentucky-based home health provider currently has 332 branch locations in 26 states, and 66 of those operating locations are in Florida. The Florida locations—which included home health, hospice, personal […]