Nova Leap Health Completes Home Care Purchase Nova Scotia, Canada-based Nova Leap Health Corp. (TSXV: NLH) has completed its $2.1 million acquisition of Always Home HomeCare Services Ltd. and its subsidiary Always Safe Training Ltd., both also located in Canada. Nova Leap, which provides personal home care and support services, has focused its acquisition strategy […]
Catch up on the latest in home health and home care by checking out our must-read news from across the web. Keep reading to see our top HHCN stories rom the last week. Medicare’s financial problems have reportedly gotten worse, and the program is now expected to be broke in eight years, or three years earlier […]
Amedisys, Inc. (Nasdaq: AMED) doubled down on its own home health, hospice and personal care business Monday, deploying nearly all of its cash on hand to buy back $178 million worth of stock from global investment firm KKR (NYSE: KKR). The transaction signals leadership’s continued confidence in the Baton Rouge, Louisiana-based company’s growth prospects, but […]
The home health care industry was rocked when the Centers for Medicare & Medicaid Services (CMS) announced it was bringing back the pre-claim review demonstration at the end of May. The agency proposed reviving the model in the wake of a report urging more pre-claim, or prior authorization, demonstrations across the health care space from […]
Baton Rouge-based Amedisys Inc. (Nasdaq: AMED), one of the nation’s largest home health care providers, has purchased more than 2.4 million of its common shares for approximately $178 million from KKR (NYSE: KKR). The shares represent half the holdings of Amedisys by KKR, a global investment firm based in New York City. The shares were […]
To be a breakout partner in the evolving health care landscape, clinical excellence is key, which is why home health care providers are continuing to spend time and resources bulking up their performance. For Baton Rouge, Louisiana-based Amedisys (Nasdaq: AMED), focusing on improving clinical care has boosted its star ratings on Home Health Compare over […]
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, […]
Start your week with our must-read news, including interesting stories from around the web and some of our top coverage from the past week. Worldwide, dementia remains one of the leading health conditions for older adults, often contributing to individuals’ and families’ decision of forgoing the independence of living at home in favor of constant […]
LHC Group and St. Mary’s Health Network Purchase St. Mary’s Home Care Services Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG) and Reno, Nevada-based St. Mary’s Health Network last week announced the finalization of an equity partnership agreement to purchase and share ownership of St. Mary’s Home Care Services, which operates in Nevada. LHC Group and its […]
Amedisys Hires New Chief Human Resources Officer Baton Rouge, Louisiana-based home health, hospice and personal care company Amedisys, Inc. (Nasdaq: AMED) announced Tuesday that it has found its new top HR officer. Sharon Brunecz will join Amedisys as chief human resource officer, replacing Larry Pernosky, who recently announced his retirement. Prior to joining Amedisys, Brunecz […]
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