The release of the home health proposed payment rule in June brought M&A activity to a screeching halt. With the release of the final rule back in October, an uptick in dealmaking might be here. Even as it slowed down, though, retailers, insurers and other players outside the Medicare-certified home health industry continued to make […]
Another in-person event came and went this week, as Home Health Care News hosted its annual Capital+Strategy event in Arlington, Virginia. And as executives, analysts, private equity representatives and others gathered to discuss the state of home-based care, news dropped that UnitedHealth Group (NYSE: UNH) is acquiring LHC Group Inc. (Nasdaq: LHCG) and combining the […]
In late March, members of Congress argued fervently that private equity did not belong in health care, with senior care being a particularly egregious case of trespassing. During a special House hearing, lawmakers addressed the dangers of PE firms digging their heels deeper into the long-term care space and how profit-driven motives can have an […]
While the U.S. economy has sunk into its first official recession since 2008, home-based care experts are largely confident in the industry’s ability to withstand emerging economic hardships. In fact, “recession-proof” is the term many often use. Soaring demand, an evolving payment landscape and shifting consumer demographics may protect home-based care providers from too much […]
Blue Wolf announces new COO New York-based private equity firm Blue Wolf Capital Partners LLC has a new chief operating officer. The firm announced Monday that Glenn Cummins is taking over the position. Blue Wolf Capital Partners has deep ties to the home health care world, mainly through its co-ownership of Elara Caring, formed in […]
From the monumental Patient-Driven Groupings Model (PDGM) and the unexpected pre-payment phaseout to the expanding Review Choice Demonstration (RCD), 2019 was a whirlwind year for the home health industry. Those three regulatory hurdles — and other changes — likely set up an even more chaotic year in 2020. Home health industry insiders and top executives […]
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