It’s the interest rate, stupid. Home health, home care and hospice industry voices – including myself – have regularly pointed toward internal factors affecting M&A over the last two and a half years. In the end, the overarching, main headwind was always the extremely high interest rates that were put forth by the Federal Reserve […]
The Centers for Medicare & Medicaid Services’ (CMS) proposed home health payment rule, released Wednesday, included significant cuts for the third straight year. Those cuts, among other proposed changes, raise questions over the stability of the industry in the coming years. It has providers asking themselves and others the question: “Why us?” For an industry […]
A new artificial intelligence tool has emerged in the home health space. And this one comes from one of the industry’s own operators. Trent Smith, the CEO of the Oklahoma City-based Accentra Home Health and Hospice, is behind the new startup, Apricot, which leverages generative AI specifically. Accentra has been using Apricot for months, but […]
Choice Health at Home and Resilient Healthcare have formed a partnership that will give the former access to digital health technologies and hospital-at-home capabilities. Plano, Texas-based Resilient is a technology company that enables health care organizations to deliver higher-acuity care in the home. Meanwhile, Tyler, Texas-based Choice Health at Home is a home health, hospice, […]
When it comes to expanding their business portfolios, home health leaders can continue to do what they know best, or they can decide to branch out. Leaders at companies like Choice Health at Home and The LTM Group have found themselves in this exact position. As a result, they have created a framework for determining […]
Oftentimes, talks between home health providers and their many referral partners are an exercise in education. For providers offering palliative care, that education usually starts at a 101-level. Part of that conversation with hospital and health system partners includes convincing case managers that patients will be better suited at home. “The longer a patient lays […]
The most compelling and innovative leaders in home health care don’t just inspire the people who work at their companies, they also catch the attention of fellow industry leaders. These leaders have earned the high esteem of their peers by hurdling operation challenges in the space, creating impressive recruitment initiatives, consistently embracing new ideas and […]
HIG Growth Partners finalizes sale of Just Home Healthcare Services H.I.G. Growth Partners — a growth capital investment affiliate of investment firm H.I.G. Capital — has sold portfolio company Just Home Healthcare Services. In April, H.I.G. Growth Partners sold Just Home Healthcare Services’s personal home care and adult day health business segments to Honor Health […]
The Medicare Payment Advisory Commission (MedPAC) recommended that the Medicare base payment rate for home health care be reduced by 7% for CY 2025. The recommendation is another chapter in the contentious relationship between the commission and the home health industry. It also recommended that Congress eliminate any payment updates for hospice providers in 2025. […]
Enough time has passed since the CY 2024 home health payment rule was finalized for providers to dive into its details, mull them over and respond. Though the rule is more favorable than the proposal the U.S. Centers for Medicare & Medicaid Services (CMS) first introduced in June, home health providers are not pleased with […]
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