Within a fortnight of the category four Hurricane Harvey that hit the Texas coastline, Hurricane Irma blasted home health care providers in Florida over the weekend. Health care providers began preparing for the worst several days ahead of the storm, as Florida Governor Rick Scott declared a state of emergency and many coastal zones evacuated. Health […]
Happy Tuesday, Home Health Care News readers, and welcome back from your long weekend. Catch up on all things home health and home care with our must-read news roundup—keep reading for our top stories from last week. Just before the long weekend, A federal judge in Texas scrapped a controversial Obama-era wage rule that would […]
When the Centers for Medicare & Medicaid Services (CMS) proposed a new payment model for home health care agencies in late July, industry associations decried the significant changes, and public companies took a major hit. With a potential cut of $950 million to home health reimbursements in 2019 alone included in the model, associations are […]
As a new emergency preparedness rule from the Centers for Medicare & Medicaid Services (CMS) looms, home health companies big and small are scrambling to make sure their bases are covered before it takes effect in November. Under the rule, which was first introduced in 2013 and finalized last September, heath care providers across 17 settings, including home health care, […]
Despite experiencing a “hot streak” in the first half of the year, home health care companies saw sharp dives in share values in July, due in large part to investors’ reactions to the Centers for Medicare & Medicaid Services’ (CMS) proposed home health groupings model (HHGM). Three of the largest publicly traded home health care […]
Happy Monday, Home Health Care News readers. Start your week off with our weekly roundup and catch up on all things home health and home care. Last week, we kept you in the know about how the home health industry was responding to the news that the Home Health Groupings Model (HHGM), as proposed by […]
Kindred Healthcare, Inc. (NYSE: KND) president and CEO Benjamin Breier sounded off on the proposed home health groupings model (HHGM), vowing to work with the industry and regulators to craft a solution that works for all parties. “The home health industry is undeniably united in its negative view of the rule, and will take a […]
Home health care providers are on edge after the Centers for Medicare & Medicaid Services (CMS) issued a proposal Tuesday to overhaul the Medicare payment system, with major restructuring changes that could result in a payment cut of $950 million to home health care agencies in 2019. Stock values for Amedisys (Nasdaq: AMED), Almost Family (Nasdaq: […]
While it’s fair to assume that some of the country’s biggest publicly traded home health care companies pay their chief executives well, some earn more than others. In 2016, CEOs at HealthSouth (NYSE: HLS), Kindred Healthcare (NYSE: KND) and Brookdale Senior Living (NYSE: BKD) made the most in total compensation—a figure that includes base salary, stock awards, […]
Home health agencies should be prepared for a major unwelcome surprise that could hit in the near future—a comprehensive, complex overhaul of the Medicare payment system. When the Centers for Medicare & Medicaid Services (CMS) proposes its 2018 payment rates, likely within the next several weeks, the agency could also seek to establish a new payment […]
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