Investors were bullish on home care on Tuesday, following news that Medicare Advantage (MA) plans would officially be allowed to cover non-skilled home care services starting in 2019. Care providers were excited as well, making the case that they are well-positioned to seize this opportunity, even as they are trying to determine its scope. The […]
Fewer Medicare fee-for-service (FFS) beneficiaries have been going to skilled nursing facilities over the last nine years, in part because hospitals are referring to home health more frequently. However, it is only in certain areas across the country where hospital referral patterns have changed to favor home health, according to a newly released analysis from […]
After a turbulent year in regulatory proposals for the home health care industry, providers need to be looking to 2018 with fresh eyes on what changes still lie ahead. “2017 was arguably dominated by efforts to repeal and replace Obamacare,” said Fred Bentley, vice president of Avalere Health, a policy and financial consulting firm based […]
Creating partnerships with local health care organizations and driving the value and benefits to home health is a top priority for industry veteran Brian Fuller, as he settles into his new role as chief strategy officer for Jackson, Michigan-based Great Lakes Caring Home Health and Hospice. His appointment was announced October 13 by the company. […]
Home health agencies contribute significantly to the U.S. economy—but their impact varies drastically by state, according to new data. Nationwide, home health agencies paid out a combined $35.81 billion in wages in 2014, according to the recently published Home Health Chartbook 2017. The updated report was prepared by Avalere Health for the Alliance for Home […]
More than half of the hospitals that will be taking part in a mandatory new payment system for joint replacements are at risk of losing money—and forging better connections with home health agencies could be a crucial factor in avoiding this outcome in the program that starts April 1. Specifically, 60% of hospitals in the […]
Another of the largest home health providers is going big on data in a partnership unveiled Wednesday. Amedisys, Inc. (NASDAQ: AMED) has partnered with Strategic Healthcare Programs (SHP), a provider of health care analytics to aid in performance improvement for post-acute care providers, the companies announced. The partnership seeks to establish real-time data and benchmarking […]
In a health care environment riddled with newly introduced value-based payment models, Kindred Healthcare, Inc. (NYSE: KND), the nation’s largest home health provider, is setting out to improve clinical outcomes and ensure more coordinated care through better data use and analytics. Louisville-based Kindred has entered a multi-year agreement with Inovalon (Nasdaq: INOV), a technology company […]
Profit margins for U.S. home health agencies have been in free-fall over the past four years, compromising large, publicly traded companies and putting smaller providers in even more serious jeopardy. In 2010, the full-year margin for four of the largest home health companies averaged 7.1%, according to an Avalere Health analysis released Thursday by the Partnership for […]
New analyses on home health beneficiaries highlights suggests older women and minorities will be disproportionately impacted from cuts to Medicare reimbursements stemming from the Affordable Care Act. A majority of home health beneficiaries and caregivers are women, and Medicare home health beneficiaries are among the most vulnerable of all Medicare beneficiaries, finds analysis completed by […]
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