Aveanna Is Looking To Grow In Its ‘Rightsized’ Home Health Segment Again

Aveanna Healthcare Holdings (Nasdaq: AVAH) leaders believe the company is back at a place where it can bank on near-term growth in its Medicare-certified home health business. It first entered into a business “transformation” in January 2023, and that transformation is already paying dividends, according to CEO Jeff Shaner. But much of the turnaround has […]

‘Our Business Is Demonstrating Signs Of Recovery’: Aveanna Making Progress On Turnaround Goals, Led By Private-Duty Services Business

Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) continues to chip away at its turnaround goals, with the Atlanta-based company’s leadership team seeing particular progress on its preferred-payer strategy and the industry-wide labor landscape. Contextually, 2024 marks Year 2 of the home health, hospice and private-duty services company’s strategic transformation initiative. Aveanna went public in 2021 with […]

The Most Game-Changing Home-Based Care Blockbusters Of The Last Decade

Thanks to impactful, large-scale transactions over the last decade, the collective face of home-based care has changed forever. Traditional providers in both home health care and personal home care have merged. Payers became involved in the home-based care space like never before. Of late, retailers have too. But it’s often easy to forget how the […]

Former Amedisys CEO Named Chairman Of Careforth Board; Aveanna Announces New Chief Legal Officer And Secretary

Careforth names new chairman of the board Amedisys Inc. (Nasdaq: AMED) veteran Paul Kusserow is serving as Careforth’s chairman of the board. Boston-based Careforth is a family caregiver support platform. The company recently announced that it was able to lower adverse health event occurrences and keep seniors out of costlier settings. Currently, Kusserow also serves […]

Aveanna Makes Progress On Strategic Transformation, Preferred-Payers Strategy

Enhancing partnerships with government and preferred payers to create additional caregiver capacity. Identifying cost efficiencies and synergies. Managing capital structure. Engaging company leaders and employees. As Aveanna Healthcare Holdings (Nasdaq: AVAH) enters the second year of its strategic transformation, these are the four primary strategies the company is focused on. In 2023, Aveanna implemented a […]

Facing The Future: Home Health Providers Gear Up For 2024’s Value-Based Care, M&A Landscapes

Home-based care providers have faced many headwinds over the past few years. They’ll continue to do so in 2024. But uncertainty has also plagued providers, and there may be less of that this year. Providers know the threat of fee-for-service Medicare cuts. They know Medicare Advantage (MA) penetration is an unstoppable force. They know staffing […]

Bayada, FirstLight, Aveanna Leaders Divulge Their Best Tech Investment Tips

For home-based care providers, investing in technology is complicated, cumbersome and necessary. One of the most difficult issues for leaders is sifting through all of the solutions out there and choosing the ones that fit their businesses. That’s why, before considering what technology to invest in, providers should map out their overarching strategies. “First, let’s […]

‘It’s Not Just The Payer’s Fault’: Aveanna CEO Jeff Shaner On Listening To Health Plans

In terms of home-based care providers’ relationship with payers, Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) CEO Jeff Shaner believes that the next few years will be “transformative.” Providers will have to be intentional in their agreements to reach the future success they desire, Shaner believes. He said so on Tuesday during a panel discussion at […]

AccentCare Names Chief Financial Officer; Aveanna Promotes New Chief Revenue Officer

AccentCare appoints Saurabh Gupta as its CFO AccentCare has named Saurabh Gupta as its new chief financial officer. The appointment is effective Jan. 8, 2024. Prior to this appointment, Gupta was CFO at Envision Medical Group. Before that, he served as senior vice president for financial planning and analysis at Steward Health Care, one of […]