The first 90 days of a caregiver’s journey at a home-based care company are more than an initiation period. They are a make-or-break window where both long-term employees and quick turnovers are made. Providers always had an inkling that was the case. Now, more complex data tracking is proving that, forcing providers to dig their […]
A class action lawsuit has been filed against UnitedHealth Group (NYSE: UNH) in Minnesota. That lawsuit pertains to two issues that home health providers have long griped over: algorithms dictating care, and conveners’ role in between payers and providers. The lawsuit follows an investigation from STAT News, which alleged that UnitedHealth Group – through naviHealth […]
After the U.S. Centers for Medicare & Medicaid Services (CMS) released its CY 2024 final payment rule Wednesday, home health providers found themselves in a position they know all too well. Is a 0.8% aggregate payment increase better than the 2.2% decrease that was proposed? Of course. Was the rule, in its totality, effective in […]
Amedisys Inc. (Nasdaq: AMED) continues to make significant process in its high-acuity care business through its subsidiary Contessa Health. The company posted its third-quarter earnings late Tuesday, which highlighted 35% year-over-year growth in the high-acuity care segment. Overall, Amedisys admitted 580 high-acuity patients in the quarter in 11 JV markets. The high-acuity care segment, as […]
The discussion around home health provider-Medicare Advantage (MA) plan relationships has gotten tiring. But is it over the top? I don’t think so. Right when I think I’ve written about the topic too much, I’m reminded again by a home health provider just how important it is. And if you don’t believe me, here’s National […]
In December 2020, Encompass Health Corporation (NYSE: EHC) announced it was pursuing strategic alternatives for its home health and hospice arm. Not even three years later, the product of that strategic review – Enhabit Inc. (NYSE: EHAB) – is exploring a strategic review of its own. Encompass leaders saw an opportunity to refine their focus […]
The odds are stacked against home health providers. Even while more care is heading to the home, providers have three fundamental problems. The first is that there is an insufficient workforce to meet demand. The second and third are both rate-related. The Centers for Medicare & Medicaid Services (CMS) is actively reducing home health reimbursement […]
Amedisys Inc. (Nasdaq: AMED) disclosed Monday that UnitedHealth Group’s (NYSE: UNH) Optum submitted an acquisition bid. That makes for a competition between Optum and Amedisys’ current merger partner, Option Care Health (Nasdaq: OPCH). At this point, it’s unclear whether Optum will ultimately land Amedisys, though early analyst comments suggest Optum’s bid may be more favorable […]
UnitedHealth Group’s (NYSE: UNH) Optum has made an unsolicited proposal to acquire all of the outstanding shares of Amedisys’ common stock in an all-cash transaction for $100 per share, the latter announced Monday morning. This could represent a “superior proposal” to Option Care Health’s (Nasdaq: OPCH) proposed deal for Amedisys. Option Care Health and Amedisys […]
A local restaurant may need three cooks, two cashiers and a manager to get by on a daily basis. It’s a simple equation to figure out. For home health providers, however, the amount of workers they need to provide care every day isn’t as simple. It has become tougher for a variety of reasons, but […]
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