No Empty Promises: How Home-Based Care Providers Actually Plan To Use AI

Artificial intelligence is likely to be a society- and business-altering technological development. But, just like the advent of the internet before it, AI’s emergence will undoubtedly lead to as many empty promises from business leaders as it does actual use cases. That’ll particularly be the case in the early innings of AI, which I believe […]

Compassus Scores Joint Venture With Bon Secours Mercy Health

Compassus has announced a home health and hospice joint venture with Bon Secours Mercy Health (BSMH), a Ohio-based health system. Through the new JV, Compassus will manage operations for 10 home health agencies and 11 hospice operations across five states. The news of the joint venture comes on the heels of Compassus’ partnership expansion with […]

Compassus, Pennant Group Expand Home Health JV Portfolios

Two home-based care providers – Compassus and the Pennant Group (Nasdaq: PNTG) – have expanded their JV portfolios this week. On Wednesday, Compassus and Ascension announced the expansion of their Tennessee-based home health partnership, which is dubbed Ascension Saint Thomas at Home. Subsequently, Ascension Saint Thomas at Home’s service area now covers 17 Tennessee counties […]

Compassus Looking For More AI Use Cases, Risk-Bearing Partners In Near-Term Future

As artificial intelligence becomes more applicable in health care, home-based care providers are finally diving into use cases that may work for them. The Brentwood, Tennessee-based Compassus is a prime example of that. A forward-thinking provider, it has been utilizing RPM and telehealth for years, even prior to COVID-19. Now, it’s looking at ways it […]

Private Equity, AI Likely To Power Home-Based Care in 2024

Home-based care providers have been waiting for the other shoe to drop on dealmaking for a year now. As 2024 nears, that shoe may be finally landing. And, in addition to M&A, genuine AI application in both home health care and home care appears to be right around the corner. Those were two of my […]

Compassus Brings On John Cullen As Next CFO

Compassus – one of the largest home-based care providers in the country – has a new CFO. John Cullen will take over the role on Oct. 30, the company announced Monday. Cullen will succeed Brad Wear, who was named CFO in 2018. “John’s extensive experience and proven leadership in the health care sector equip him […]

Transactions: Elara Caring Buys American Family Home Health; New Day Healthcare Announces Another Deal

Elara Caring acquires American Family Home Health Elara Caring has acquired American Family Home Health, a Huntley, Illinois-based home health care provider. “In agreeing to be acquired by Elara, American Family Home Health is passing the baton to an organization that has demonstrated its full commitment to high-quality, compassionate patient care,” Ren Pillai, administrator at […]

‘We Will Be Paying For This For Years’: 8 Home Health C-Suite Leaders Sound Off On ‘Alarming’ Medicare Cuts

At the end of last month, the U.S. Centers for Medicare & Medicaid Services (CMS) published its home health proposed payment rule for 2024. The proposal, almost immediately, drew a negative response from key home health stakeholders. The main headline was CMS’ decision to propose a home health payment decrease of 2.2%. The proposal also […]