Whether it’s because of their proven leadership teams looking to shake up the market or their roles in a jaw-dropping transaction, there are several home health providers that stand out among their peers in 2023. And the moves that these companies – new players and established powerhouses alike – make over the next 6-12 months […]
Amedisys Inc. (Nasdaq: AMED) is answering more questions about its potential merger with Option Care Health (Nasdaq: OPCH), which was first announced earlier this month. The company submitted these responses as part of a 425 SEC filing, which it added to its site for stakeholders, employees and the public to view on Thursday. A number […]
The home health industry is never going to “figure out” staffing. Most providers understand that. They can’t snap their fingers and increase the amount of nurses there are in the country, nor can they make the Centers for Medicare & Medicaid Services (CMS) pay them the rates they feel like they deserve. But there’s so […]
Company leaders will tell you that the talks to combine Amedisys Inc. (Nasdaq: AMED) and Option Care Health (Nasdaq: OPCH) started in earnest over the last several months. But the two have been circling each other ever since the early days of the COVID-19 pandemic. “We announced a relationship with Amedisys going back to Operation […]
HouseWorks acquires Care and Help Home Care, Amedisys’ personal care division The Massachusetts-based HouseWorks is expanding its footprint in Pennsylvania by acquiring Care and Help Home Care. Care and Help Home Care is a privately-owned personal care provider serving the greater Philadelphia area. “We are excited to welcome the Care and Help team to the […]
About 15 years ago, Scott Powder — the president of Advocate Health Enterprises — was excited about a new idea. It was 2008 and the project was dubbed “Clinically Home”. The mission was to scale a hospital-at-home program pioneered by Johns Hopkins University. Advocate Aurora Health, Amedisys Inc. (Nasdaq: AMED) and Raphael Rakowski – now […]
Ahead of the Amedisys Inc. (Nasdaq: AMED) earnings call, the company made waves by announcing that it signed a definitive agreement to divest its personal care segment to HouseWorks on Wednesday. The divestiture will reportedly net the company $50 million. During Thursday’s earnings call, Amedisys Chairman and CEO Paul Kusserow offered more details about the […]
With providers, payers, private equity firms and retailers all having an eye on home-based care sellers, industry stakeholders anticipate that 2023 will be another busy year for M&A. Last year, 99 home-based care deals and 38 hospice deals took place. So far, 2023 M&A activity seems to be starting off comparable to 2022, according to […]
“You’ve got to know when to hold ’em, know when to fold ’em, know when to walk away.” Yes, these are lyrics to the enduring Kenny Rogers hit song, but they are also reflective of an idea more and more home-based care providers are applying to their negotiations and relationships with Medicare Advantage (MA) plans. […]
Home health and home care operators grappled with numerous challenges in 2022 that impacted their businesses, from COVID-19 cases spiking due to the Omicron variant in the first quarter to labor pressures persisting throughout the year. For many providers, those headwinds turned their attention to maintaining growth, fine-tuning existing operations and avoiding loss, with service-line […]
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