Amedisys CEO: If We Don’t Produce High-Quality Care, We Shouldn’t Be in Business

Amedisys Inc. (Nasdaq: AMED) — the second-largest home health provider in the country, according to LexisNexis — is aiming to become the industry’s leader in employee turnover rates. Just five years ago, the Baton Rouge, Louisiana-based home health giant sported over a 40% turnover rate. That number was lowered to under 16% by the end […]

The Big New Sheriffs in Town: 2019 in Home Care Leaders’ Own Words

While the home care industry wasn’t encumbered by a major regulatory overhaul, such as the Patient-Driven Groupings Model (PDGM), several themes and key topics emerged in a way that defined 2019. Federal policymakers expanding home care coverage under Medicare Advantage (MA), for example, made waves throughout the year. Additionally, the ongoing caregiver shortage remained top […]

LHC Group Adds Density in Texas; Highmark Health Turns to Contessa

LHC Group expands joint venture LHC Group (Nasdaq: LHCG), Texas Health Resources and Methodist Health System have agreed to purchase and share ownership of Healthcare Resources, an Arlington, Texas-based home health provider. DFW Home Health — a separate legal entity jointly owned by LHC Group, Texas Health Resources and North Texas Health Facilities Management Inc., […]

Amazon Unlikely to Pose Immediate Threat to At-Home Care Companies

Amazon (Nasdaq: AMZN) may be charting its own course to in-home care, but the Seattle-based retail and technology giant is unlikely to threaten traditional in-home care providers anytime soon. Nonetheless, providers would be remiss to ignore Amazon’s actions, according to long-time home care leader Mark Heaney. “Amazon makes no small plans, [but] I wouldn’t lose […]

WellSky Enters into Agreement to Buy ClearCare

WellSky, a health and community care technology company backed by TPG Capital, has entered into an agreement to acquire ClearCare Inc., a personal care technology platform. Financial terms of the deal were not disclosed. The deal further solidifies WellSky’s dominance in the home-based care arena, especially because it comes on the heels of ClearCare’s partnership […]

Senior Solutions Credits Market Diversification, Bayada Mindset for Its Rapid Growth 

A decade ago, Senior Solutions didn’t exist. Today, the Brentwood, Tennessee-based company considers itself one of the largest family-owned home care agencies in America. Senior Solutions brought in $14.1 million in 2018 revenue, according to Inc. magazine. The home care agency took spot No. 1,827 on the publication’s annual list of the country’s 5,000 fastest-growing, […]

Amedisys CEO Shares Origin Story Behind Personal Care Network with ClearCare

Amedisys Inc. (Nasdaq: AMED) is just a couple months into its partnership with ClearCare Inc., and already the duo’s personal care network has exceeded 700 agencies. The goal is to expand the Baton Rouge, Louisiana-based home health company’s reach and capabilities in the home, while also opening the door for Medicare Advantage (MA) opportunities. All […]

Lack of Scalable Home Care Assets Means Buyers May Have to Get Creative

These days, landing a large personal care services acquisition can often feel like finding a needle in a haystack. As a result, potential buyers may have to become increasingly more creative to grow their home care footprint, M&A experts say. The recent agreement between Amedisys Inc. (Nasdaq: AMED) and ClearCare Inc. — which allows Baton […]

New Amedisys-ClearCare Personal Care Network Spreading Like Wildfire

In an effort to expand its capabilities and open the door for future Medicare Advantage (MA) opportunities, Amedisys Inc. (Nasdaq: AMED) recently struck an agreement with ClearCare Inc. to create a network of personal care agencies. Already, that network is spreading like wildfire, with 308 agencies representing 32,000 caregivers in 39 states, Amedisys CEO and […]

[Upcoming Webinar] How Personal Care Agencies Can Improve Health Outcomes

Date: May 16Time: 1:00 p.m. – 2:00 p.m. CTRegister Now The health care industry is undergoing transformative change as the entire ecosystem recognizes the impact of non-clinical factors on health outcomes, quality of life and overall cost. Functional limitations and social determinants related to health outcomes have an exponential effect on costs for complex chronic populations.  […]