Home Health Care News’ most-read stories of 2018 largely focused on Medicare Advantage changes, payment updates and regulatory initiatives. But every year there are also stories that don’t make our most-read list that we feel are deserving of another look. These stories highlight interesting trends, shed light on important topics and capture some of the […]
Home- and community-based care giant BrightSpring Health Services — formerly known as ResCare — plans to merge with pharmacy company PharMerica. The two companies will be under the private equity ownership of KKR, with an affiliate of Walgreens Boots Alliance (Nasdaq: WBA) holding a minority stake, according to an announcement issued Tuesday. Full financial terms […]
After a down couple of months mirroring broader economic trends, home health stocks are headed back up. Home health stocks climbed by more than 21% in November compared to the previous month, according to the most recent Home Health Index (HHI) from Stoneridge Partners, a mergers-and-acquisitions firm based in Louisville, Kentucky. The HHI is a […]
Humana Announces Strategic Leadership, Care Delivery Changes Insurance giant Humana Inc. (NYSE: HUM) has hired a new chief strategy and corporate development officer. Vishal Agrawal, M.D., previously of Washington, D.C.-based financial services and investment firm the Carlyle Group, steps into the position on Dec. 10. In the new role, Agrawal will spearhead advancing the company’s strategic […]
Solitude has grown into a deadly problem for hundreds of thousands of older adults living at home across the United States, a new investigation has revealed. While tragic, the extent of the crisis suggests there’s ample opportunity for traditional home care agencies and budding technology startups that provide services specifically targeting loneliness and social isolation. […]
While home health stocks rode M&A momentum and other tailwinds to an overall strong performance throughout much of 2018, the sustained boom period slowed down in September. Amid a broader market dip, that slowdown turned into an abrupt stop last month. Home health stocks fell more than 11% in October compared to their September standings, […]
The U.S. Centers for Medicare & Medicaid Services (CMS) released final language Wednesday for its Patient-Driven Groupings Model (PDGM), the sprawling home health payment overhaul that policy experts see as the biggest industry change in decades. Likely to the disappointment of many home health agencies, CMS stood by PDGM’s widely opposed behavioral adjustment aspect. If […]
Bolstered by healthy growth across all three of its business lines, Amedisys, Inc. (Nasdaq: AMED) achieved strong financial results in the third quarter of 2018. The Baton Rouge, Louisiana-based home health, hospice and personal care company expects that momentum to continue, even as it faces regulatory headwinds coming from the potential new payment overhaul known […]
Home health aides are more apt to apply for open positions using a smartphone instead of browser-based resources, such as Monster or Indeed, that many agencies typically use for recruiting. Similarly, aides are more likely to stay at a home health agency when that agency invests in technology-based solutions focused on “upskilling.” Washington, D.C.-based venture […]
Fueled by savvy moves from the United States’ two top independent and publicly traded home-based health care providers, home health stocks had seen strong month-after-month growth in 2018. Those hot growth levels now appear to be cooling off. Home health stocks were up just 0.74% in September compared to the previous month, according to the […]
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