Aveanna Healthcare Holdings (NASDAQ: AVAH) has announced plans to acquire Thrive Skilled Pediatric Care for $75 million. The acquisition, announced Thursday, will deepen Aveanna’s reach in several of the states in which it operates and expand its footprint into two new states. “I am thrilled to welcome the entire Thrive Skilled Pediatric Care team to […]
Aveanna Healthcare
For the last few weeks, we’ve been busy covering the earnings calls of at-home care companies, which have revealed some key trends that providers are facing as they head into Q2. Specifically, Addus HomeCare Corporation (Nasdaq: ADUS), Enhabit Inc. (NYSE: EHAB), The Pennant Group (Nasdaq: PNTG), BrightSpring Health Services (Nasdaq: BTSG), Aveanna Healthcare Holdings Inc. […]
Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) is still working on executing its transformation strategy — which focuses on preferred payers and obtaining adequate rates from its government partners — while also navigating a tricky labor environment. For 2024, the company’s goal was to increase the number of private-duty services preferred payer agreements from 14 to […]
Addressing social determinants of health (SDoH) is becoming increasingly important due to new regulations from the Centers for Medicare & Medicaid Services (CMS) and the shift toward value-based care payment models. With ongoing staffing shortages and a growing demand for home-based care services, social workers are taking on greater responsibilities to support the health care […]
Aveanna Healthcare (Nasdaq: AVAH) projects an annual growth rate of approximately 4% from 2023 to 2028. CEO Jeff Shaner, who assumed the role in 2023 after serving as chief operating officer since 2017, outlined the company’s strategic transformation, which focused on six core principles: standardization, partnerships, government affairs, technology, clinical outcomes, and cost reduction. Headquartered […]
The U.S. is currently caring for a higher number of children with severe and medically complex diagnoses than ever before. As these children transition into adulthood, the health care system will face increasing challenges in providing care for individuals living with rare or progressive diseases that were rarely encountered in the past. This is where […]
CVS Health names Dr. Sreekanth Chaguturu president of health care delivery CVS Health (NYSE: CVS) has appointed Dr. Sreekanth Chaguturu the president of health care delivery. Chaguturu will serve in this position, in addition to his current roles as executive vice president and chief medical officer at the company. Chaguturu succeeds Mike Pykosz, who has […]
Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) continues to push forward in its efforts with government and preferred payers. “While we continue to operate in a challenging labor and inflationary environment, our preferred payer strategy allows us to return to a more normalized growth rate in our business segments,” Aveanna CEO Jeff Shaner said during the […]
There are certain headwinds affecting all home-based care providers right now, whether it be in payment, staffing or otherwise. Amid those challenges, the largest companies are all taking slightly different approaches to growth. Enhabit Inc. (NYSE: EHAB), for instance, grabbed the attention of home health providers everywhere last week when it announced that it had […]
Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) is progressing with its preferred-payer strategy and strategic transformation, despite the challenges it has faced since going public in 2021. On Thursday’s second-quarter earnings call, the company reported its overall revenue at $505 million, a 7% increase compared to the same time last year. This growth was driven by […]
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