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 […]
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 […]
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 […]
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 […]
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 […]
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 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 […]
From technology and onboarding to company policies and procedures, training is the industry-agnostic backbone of every process and job function within an organization. However, in a highly regulated industry like home-based care, which is facing some of the greatest staffing pressures in recent history, the role of training expands beyond the walls of the organization, […]
Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) has named Matt Buckhalter as its next CFO, elevating him from the interim tag he has held since June when David Afshar resigned from the role. Buckhalter has been with the Atlanta-based company since 2016. Prior to the CFO role, he also served as SVP of finance and led […]
Home health providers’ battle for fair reimbursement from Medicare Advantage (MA) plans will be a “generational battle,” and not one they will win overnight. But, at least for larger home health providers, their strategies in that battle are much more definitive than they were even a few years ago. Luke James, the president of VitalCaring, […]
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