Addus Eyes Strategic Acquisitions Ahead of Medicare Advantage Expansion

Coming off of a strong second quarter, Addus HomeCare Corporation (Nasdaq: ADUS) is looking at a busy pipeline for the remainder of the year, executives predicted on a Q2 earnings call Tuesday. Such acquisitions will play an increasingly important role in better positioning the Frisco, Texas-based provider for Medicare Advantage (MA) partnership development in the […]

Home Health Revenue Down as Brookdale Shifts Case Mix for PDGM

Brookdale Senior Living Inc. (NYSE: BKD) saw its home health revenue decrease by more than 7% in 2018 compared to the previous year, though it stabilized somewhat during the Brentwood, Tennessee-based company’s most recent quarter. The year-over-year drop was largely due to Brookdale’s intentional efforts to shift its case mix toward lower-rate managed care ahead […]

Brookdale Shareholder Puts Forward Plan to Split Up Company

Brookdale Senior Living (NYSE: BKD) should split into two entities, activist investor Land & Buildings said in an open letter released Monday. Under the proposal, Brookdale would create a real estate investment trust (REIT) for its owned properties and a separate public company for its management business, including its ancillary services division that includes home health. […]

Brookdale Petitions Supreme Court to Review $35 Million Whistleblower Lawsuit

Brookdale Senior Living (NYSE: BKD), one of the largest home health providers in the nation, has petitioned the U.S. Supreme Court to review a case involving allegations of fraudulent Medicare billings totaling about $35 million. The lawsuit was filed in 2012 by Marjorie Prather, a former employee of Brentwood, Tennessee-based Brookdale. Prather alleged that Brookdale […]

As Home Health Lags, Hospice a Bright Spot for Brookdale

The growth of its hospice segment during the third quarter of 2018 was a bright spot for Brookdale Senior Living (NYSE: BKD), the largest owner and operator of senior living communities throughout the United States. The same can’t be said for the Brentwood, Tennessee-based company’s home health business, which continues to lag behind expectations. Brookdale […]

Dementia Training, Career Pathways Needed for Home-Based Workforce

To better compete for a growing niche market, Interim HealthCare, Right at Home and many other home-based care providers have made specialized dementia training a priority for their caregivers in recent months. Despite the steady investment, providers will likely need to pump even more resources into care programs and training for caregivers moving forward, experts […]

Movers & Shakers: Brookdale Names Steven Swain as New CFO

Brookdale Announces New CFO Brookdale Senior Living Inc. (NYSE: BKD) has tapped Steven Swain to serve as executive vice president and chief financial officer. Brentwood, Tennessee-based Brookdale is the nation’s largest owner and operator of private-pay senior living communities, as well as a major provider of home health and hospice services. As a company, Brookdale […]