Amedisys Inc. (Nasdaq: AMED) and Walmart (NYSE: WMT) have entered into a new partnership to expand home health care access nationwide, according to an analyst report from William Blair. The global investment and wealth management firm has learned that Baton Rouge, Louisiana-based Amedisys is part of the retail giant’s new health care initiative, dubbed “Walmart […]
Similar to its peers, Amedisys Inc. (Nasdaq: AMED) is biding its time until it ramps up on M&A activity and goes after the droves of mom-and-pop agencies likely to struggle with the perfect storm of industry-shaping regulatory changes looming in the not-so-distant future. And in some ways, the Baton Rouge, Louisiana-based home health, personal care […]
These days, landing a large personal care services acquisition can often feel like finding a needle in a haystack. As a result, potential buyers may have to become increasingly more creative to grow their home care footprint, M&A experts say. The recent agreement between Amedisys Inc. (Nasdaq: AMED) and ClearCare Inc. — which allows Baton […]
Industry experts predict that a potential phase out of home health Requests for Anticipated Payments (RAPs) will likely put several small to mid-size providers out of business. But not everybody is lamenting the Centers for Medicare & Medicaid Services (CMS) proposal. Amedisys Inc. (Nasdaq: AMED) and other large home health providers, for example, have spun […]
For home health agencies wondering how they’ll fare under the upcoming Patient-Driven Groupings Model (PDGM), data is likely the closest thing they’ll find to a crystal ball. Data can help agencies determine where they stand under the revolutionary new reimbursement model and — in many cases — even guide them to operate more efficiently come […]
There has been a sharp rise in the number of Medicare Advantage (MA) enrollees over the past several years and a steady expansion of the program itself. But MA still isn’t the most reliable payment stream for post-acute providers, especially those who operate in the in-home care space, industry experts warn. In total, more than […]
Small and mid-sized home health providers likely face an uphill battle in 2020, thanks largely to the cuts included in the Patient-Driven Groupings Model (PDGM) and policymakers’ plans phase out pre-payments. So far, multiple industry prognosticators are predicting that 30% or more of home health providers will close up shop next year, with rural agencies […]
Home health care is still not being recognized for its inherent value in reducing hospitalizations and curbing health care costs by payers, which often view providers more as commodities than trusted partners. “Where are we in home health?” Bruce Greenstein, chief strategy and innovation officer at LHC Group Inc. (Nasdaq: LHCG) said Monday during a […]
For years, many in the health care industry considered non-medical home care the black sheep of the family, if part of the bloodline at all. The important intervention proven to help keep seniors out of the hospital and cut health care costs was often written off as a luxury service — and even labeled “non-skilled,” […]
With Hurricane Barry making landfall in Louisiana earlier this week, severe weather season is officially upon us. While no deaths have yet been reported yet as a result of the storm as of Tuesday, natural disasters such as hurricanes, fires and tornadoes present life-threatening risks for home-based care recipients nationwide, especially those who depend on […]