Home Health Giants Double Down on Diversion, as Nursing Home Numbers Normalize

Acute and post-acute patient volumes started to normalize in the early part of 2021, with hospitals, skilled nursing facilities (SNFs) and home health providers all hovering around their 2019 baselines. The accelerated rollout of COVID-19 vaccines is largely responsible for the newfound stability, particularly in the SNF space. Following millions of inoculations across the U.S., […]

Pandemic-Driven SNF-to-Home Diversions May Become New Norm

Nursing home occupancy rates have plummeted during the COVID-19 pandemic, with hospitals, families and others opting for in-home care over institutional care settings. And that trend may very well become permanent, recent data suggests. Since the start of last spring, nursing home operators have faced fewer new admissions, particularly short-term rehabilitation patients. The growing number […]

WellSky Completes $1.35B Purchase of CarePort Health

WellSky announced Thursday that it has completed its acquisition of care coordination software company CarePort Health. Under terms of the deal — first announced in October — WellSky purchased CarePort from Allscripts Healthcare Solutions (Nasdaq: MDRX) for a price tag of $1.35 billion. Allscripts is a health care information technology provider. CarePort’s platform helps health […]

WellSky to Acquire CarePort from Allscripts in $1.35B Deal

WellSky announced Tuesday it has entered into an agreement to acquire CarePort Health from Allscripts Healthcare Solutions (Nasdaq: MDRX), a health care information technology provider. The deal is for $1.35 billion, according to Allscripts. WellSky is an international software and professional services company with clients that include home health providers, hospital systems, blood banks, labs, […]

CarePort Raises $3.8 Million to Improve Hospitals’ Post-Acute Care Placement

CarePort Health, a Boston-based tech company, has closed $3.8 million in financing to drive its growth, the company announced this week.  With the new capital, CarePort will extend its platform capabilities to provide information for providers to collaborate in the management of patients in post-acute settings.   “The first step in the journey starts at the […]