Aveanna Healthcare Holdings (Nasdaq: AVAH) is still facing headwinds brought on by a difficult labor environment. Its leaders said that has been one of the key challenges the company has faced on its road to growth. “Our business model offers a preferred work setting that is mission driven, providing a deep sense of purpose for […]
Aveanna Healthcare
Recruitment and retention pose formidable challenges for home-based care operations, and every aspect of the employee experience — from onboarding to career pathing — offers new opportunities to mitigate the impact of today’s staffing crisis. Training is a key focal point, and with the pervasive integration of innovative technology across the industry, many providers are […]
When home care agencies talk about the importance of recruitment and retention, the focus is generally on caregivers. However, creating a sustainable workforce model – one that promotes retention up and down the ladder of an agency – is about more than just the caregivers. “When we’ve taken a [closer] look at how we can […]
The home health and hospice segments of Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) continue to struggle. Nevertheless, company leaders strongly believe in those segments’ long-term value proposition. “Our home health and hospice platform, which is primed for growth, is dedicated to creating value through effective operational management and the delivery of exceptional patient care,” Matt […]
Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) CFO David Afshar is resigning, the company announced Thursday. Afshar — who is also Aveanna’s principal accounting officer and principal financial officer — will exit officially on July 7. He is pursuing other opportunities and the move is not due to any disagreements with Aveanna management, policies or practices, […]
The leaders at Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) believe that the demand for home- and community-based care has never been higher. “As a reminder, we do not have a demand problem,” Aveanna CEO Jeff Shaner said during the company’s first-quarter earnings call on Thursday. With this in mind, Aveanna is focused on the labor […]
Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) hopes to double the amount of preferred payers it is in business with in 2023. It also defined what a preferred payer was, from its leaders’ eyes. “Payers that support value-based care by offering us an above-market reimbursement rate and value-based payments in exchange for proven savings,” Aveanna CEO […]
Home health care’s 2022 was dimmed by the dark cloud of Medicare rate cuts. That cloud still hangs overhead in 2023. To weather the storm, providers are scrambling to find answers to persistent problems, namely staffing shortages. At the same time, they’re renegotiating arrangements with Medicare Advantage (MA) plans and pivoting from certain service lines […]
Home health and home care operators grappled with numerous challenges in 2022 that impacted their businesses, from COVID-19 cases spiking due to the Omicron variant in the first quarter to labor pressures persisting throughout the year. For many providers, those headwinds turned their attention to maintaining growth, fine-tuning existing operations and avoiding loss, with service-line […]
Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) has announced that Tony Strange, its CEO and director, will retire at the end of December. Jeff Shaner – the company’s current COO – will take over as CEO and director, also effective at the end of December. Shaner has served as the COO of Aveanna since its formation […]