Why Clover, SCAN Have Long Embraced Home-Based Care

Now more than ever, Medicare Advantage (MA) organizations are including home-based care services in their plans. While some organizations are giving their members access to these offerings for the first time, others have long embraced home-based care. One of these early adopters is SCAN Health Plan, which is one of the nation’s largest not-for-profit MA […]

‘We’re Never Going Back to an Institution-First Model’: Home Care Veteran Ready to Lead New Aging-in-Place SPAC

A new blank-check company is hunting for aging-in-place businesses to take public. And unlike other senior care-related special purpose acquisition companies (SPACs) launched in the past year, this one — DTRT Health — is led by a well-known home care veteran with ample public experience. “There’s quite a number of fascinating public-ready companies of scale, […]

Clover Health, MedArrive Team Up for In-Home Vaccination Effort

As of Friday, nearly 55% of the U.S. population was fully vaccinated against the COVID-19 virus. Despite a strong start, that figure now puts the nation behind several other countries as far as vaccination rates. A big part of the issue with the modestly increasing vaccination rates in the U.S. is widespread skepticism, often fueled […]

Clover Health Announces In-Home Primary Care Expansion, Becomes New Target for Reddit Traders

Clover Health (Nasdaq: CLOV) announced Wednesday that it plans to scale its in-home primary care program, “Clover Home Care,” through the new direct-contracting model from the U.S. Centers for Medicare & Medicaid Services (CMS). The announcement came as Reddit’s investor community also targeted the health care company as its most recent cause. Headquartered in Nashville, […]

Accra Names New COO; ConcertoCare Hires Chief Growth Officer

Accra executive lands promotion Accra has promoted Susan Morgan to the role of chief operating officer. The Minnetonka-based Accra is the largest provider of home care services in Minnesota. Among its offerings, the nonprofit company delivers assisted living, home health and mental health services, caring for more than 9,000 clients statewide. Previously, Morgan served as […]

Beyond the Pandemic: 9 Overlooked Stories from 2020

The ongoing COVID-19 pandemic dominated headlines in 2020 — and rightfully so. But there were plenty of other storylines that defined the year, including the launch of the Patient-Driven Groupings Model (PDGM), the conclusion of a hotly contested presidential election and the execution of multiple industry-shaping transactions. These are nine of the most overlooked stories […]

Medicare Advantage Startup Clover Health Slated to Go Public in a $3.7 Billion SPAC Deal

Clover Health recently announced that it will go public through a merger with a special purpose acquisition company (SPAC), Social Capital Hedosophia Holdings Corp. III. “Going public will enhance our ability to execute on our mission of improving every life, providing significant capital for the company to scale and improve health outcomes for seniors across […]