Pennant completes acquisition of Signature assets The Pennant Group (Nasdaq: PNTG) has completed its acquisition of Signature Healthcare at Home’s Washington and Idaho assets. With an $80 million purchase price, the transaction was the largest in Pennant history. The deal was first announced in early July, and is just one of many deals Pennant has […]
Alternate Solutions Health Network
Home health operators each year have to adapt on a number of different fronts, from relatively minor coding updates to major payment adjustments. But in addition to the more run-of-the-mill items, providers occasionally have to navigate macro-level forces that literally change the industry itself. At least four such forces will redefine home health care in […]
Home health stakeholders have been lobbying for the Choose Home Care Act of 2021 ever since it was introduced in the U.S. Senate at the end of July. That push has now reached a critical juncture. Beginning last week, the Partnership for Quality Home Healthcare (PQHH) and its provider members have been holding virtual meetings […]
The Ohio State University Wexner Medical Center and Alternate Solutions Health Network have partnered to form a new home health joint venture. The mission of the OSU-affiliated JV is to increase access to home-based care. Kettering, Ohio-based Alternate Solutions Health Network is a national provider of post-acute solutions, including home health and hospice services. Meanwhile, […]
Recruiting and retention in both the home health and home care industries has always been an uphill battle for providers. In spring, operators had hoped that the job market’s volatility during the COVID-19 crisis would help on those fronts. With tens of millions of individuals forced out of work, they thought, the home-based care labor […]
The switch from the Prospective Payment System (PPS) to the Patient-Driven Groupings Model (PDGM) in 2020 has posed a slew of challenges for home health providers. Orders tracking is one of them. The slicing of billing periods from 60 to 30 days has raised the stakes when it comes to obtaining signed orders. During the […]
As more types of care move into residential settings, an increasing number of hospitals and health systems are turning to outside home health agencies to either replace, reinforce or manage their own operations. Workforce challenges and financial struggles are often the catalysts behind their decisions to outsource home health offerings, M&A experts say. “It’s a […]
One of Michigan’s largest health systems and a national provider of post-acute solutions have teamed up in a new home health and hospice joint venture designed to expand patient access to care. The new JV is between the Southfield, Michigan-based Beaumont Health and Alternate Solutions Health Network, a Kettering, Ohio-based organization that specializes in rolling […]