LHC Group Revs Up JV Activity; Elara Caring Rebranding Hits Milestone

LHC Group finalizes agreements Lafayette, Louisiana-based LHC Group Inc. (Nasdaq: LHCG) has finalized a joint venture expansion agreement in Missouri while striking a new JV partnership in Alabama at the same time. LHC Group — one of the largest home health companies in the United States — has also purchased the assets of two home- […]

PDGM Check-In: ‘There’s a Slight Sense of the Wild West’

With just five full months to go before the Patient-Driven Groupings Model (PDGM) becomes a reality, home health providers have reached crunch time. As it has been all along, the assumption-based behavioral adjustment baked into PDGM remains the home health industry’s No. 1 issue. Orginally, the behavioral adjustment was estimated to create a 6.42% payment […]

Encompass Health Latest Home Health Giant to Invest in Medalogix

Encompass Health (NYSE: EHC) has made a minority investment in predictive analytics firm Medalogix. Regulatory changes and staffing shortages driving the need for increased efficiency in home health and hospice motivated the investment, according to Encompass Health Chief Strategy Officer Luke James. “As we look out into the future, [we’re excited about] having a direct […]

Elara Caring CEO: Home Health Providers Often ‘Ill-Equipped’ to Tackle Behavioral Health

Now more than ever, older adults are struggling with depression, addiction and similar challenges, recent statistics suggest. For some home health providers, that makes behavioral health a major business opportunity. Although behavioral health poses a significant upside, providers looking to break into the space will have to navigate unique reimbursement and operating challenges, experts say. […]

In Dynamic Industry, At-Home Care Providers See Scale as a Leg Up

In the dynamic home health, hospice and personal care industries, scale is sometimes a serious leg up, as well as a driving force behind record-setting M&A activity. That’s especially true when it comes to keeping up with potential Medicare Advantage (MA) opportunities, collecting actionable data and experimenting with new business models that solve nationwide problems, […]

Blue Wolf, Peloton Equity Launch ClearSky Health; Perry Memorial Hospital Acquires In-Home Care VNA

Blue Wolf Capital makes another post-acute care move As a response to the growing demand for integrated delivery models in the post-acute care sector, private equity firms Blue Wolf Capital Partners and Peloton Equity have partnered to launch rehabilitative health care provider ClearSky Health. Austin, Texas-based ClearSky Health plans to develop and acquire in-patient rehabilitation […]

Elara Caring CEO: There’s No Curbing Investor Appetite for Home Care

There’s no curbing investor appetite for home care assets — and major payers will likewise continue to drive M&A activity in the home health, hospice and personal care spaces in the coming year. That’s according to Elara Caring CEO G. Scott Herman, who discussed industry consolidation, tailwinds and change during a recent appearance on the […]

Disrupt Podcast #14: Hear From Elara Caring CEO G. Scott Herman

Michigan-based Great Lakes Caring, Connecticut-based National Home Health Care and Texas-based Jordan Health Services were — not too long ago — three separate home-based care providers. Backed by Blue Wolf Capital Partners and Kelso & Company, they came together in a three-way mega-merger in May 2018, officially rebranding under the Elara Caring name in July. […]

Why Elara Caring Sees Behavioral Health as a New Frontier in 2019

Managing chronically ill patient populations across years and becoming a go-to resource for behavioral health needs are among Elara Caring’s biggest priorities over the next several months. Industry consolidation and increasing partnerships with large-scale payers and health systems will also be on the Addison, Texas-based provider’s radar, CEO G. Scott Herman told Home Health Care […]