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 […]
Aveanna Healthcare
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 […]
Medicaid home- and community-based services (HCBS) vary by state, in many ways. And while it makes the space a complex one for providers to navigate, a greater understanding of the complexities allows for more success. Broadly, Medicaid is a state and federal partnership. The federal government sets rules and parameters. The state takes those parameters […]
If there were ever a time for Medicare Advantage-related troubles to cool off in the home health care space, now would be it. And, heading into the summer, some of the largest home health providers in the country are scoring demonstrable wins that could lead to future success. Virtually no one has the MA game […]
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 […]
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 […]
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