The 2023 home health final payment rule was released Monday. With a positive market-basket update for 2023 but also jarring long-term cuts, it will have ramifications for home health providers for years potentially, barring mitigating legislation or a complete change of course from the Centers for Medicare & Medicaid Services (CMS). But there have been […]
Amedisys Inc.
Amedisys Inc. (Nasdaq: AMED) and Contessa Health are teaming up with the University of Arkansas for Medical Sciences (UAMS) to offer at-home care services to patients in Central Arkansas. The parties involved announced a joint venture this week that will allow Contessa and Amedisys to deliver care across the full continuum in the home in […]
In July, LHC Group Inc. (Nasdaq: LHCG) Chairman and CEO Keith Myers said he thought conveners were a part of the problem in the rocky relationships between Medicare Advantage (MA) plans and home health agencies. Since then, both conveners and other home health leaders have had the opportunity to offer their perspective on those sentiments. […]
Prior to Home Health Care News’ FUTURE event at The Times Center last week, Bill, Hillary and Chelsea Clinton took the same stage to film a new television show. Rumor has it that they were shocked and honored when they heard some of the biggest names in home-based care – the future of health care […]
As the leaders of some of the largest home health organizations in the country chatted about pain points on stage at Home Health Care News’ FUTURE event last week in New York City, the idea of scheduling had an outsized role in the conversation. “We see from our tools that the [drivers of turnover] are […]
Recruiting and retention woes are the obvious, above-the-surface topics when it comes to home-based care providers’ staffing. But the below-surface trends could be just as important, and those are becoming apparent. For instance, home health providers are having to manage increased PTO usage and decreased productivity from workers. In general, the profile of a worker […]
One of the most fascinating questions surrounding the Centers for Medicare & Medicaid Services’ (CMS) home health proposed payment rule is what effect it will have on M&A. I’ve heard that it will stymie acquisitions. I’ve heard it will drive them. Both make sense, too. Some companies may not be allocating more resources and money […]
Contessa – a high-acuity care provider and subsidiary of Amedisys Inc. (Nasdaq: AMED) – has extended its partnership with Mount Sinai Health System. Under the extension, Mount Sinai South Nassau’s home health agency will now become a part of the two organizations’ existing joint venture. The JV now includes home health, hospital-at-home, SNF-level care at […]
At the very beginning of this year, I wrote an HHCN+ Report on the home health public market and how it sets the pace for the rest of the industry. At the time, the public companies were all doing well, though things have certainly changed since then. Among my takeaways, I wrote about how larger […]
When Amedisys Inc. (Nasdaq: AMED) purchased Contessa Health, it touted the acquistion as a future-facing move that would allow the company to care for patients across the continuum. The company’s leaders knew it would be a near-term drag, and some analysts and home health insiders scratched their heads. Still, Amedisys reiterated the opportunity it saw […]