Private equity investment remains down in health care services. But the firms active in home-based care will likely have a major impact on the industry in the near future. The decisions those firms make – while entering or exiting – will have a lasting impact. In the second quarter, there were 164 PE deals across […]
Home-based companies are focusing on patient “wellness” more than they ever have. Wellness seems like it would be an obvious focus for health care services companies in general. But the fact of the matter is that it hasn’t always been in post-acute and long-term care settings. That’s changing now. While it’s right for the patient, […]
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 […]
UnitedHealth Group’s (NYSE: UNH) Optum snatched Amedisys Inc. (Nasdaq: AMED) away from Option Care Health (Nasdaq: OPCH) at the end of June. If the $3.3 billion acquisition is finalized, Optum will own about 10% of the home health care market. It would represent a seismic shift for a traditionally mom-and-pop industry. It would represent consolidation, […]
Home health providers are in a challenging operating environment, despite their services being more in demand than ever. Their leaders are trying to grapple with those two realities. They want to be the ones that benefit from higher demand, instead of another outsider like UnitedHealth Group’s (NYSE: UNH) Optum, CVS Health (NYSE: CVS) or any […]
Home-based care insiders are looking on as outsiders come in and sweep up top assets within their industry. There’s the payers, like UnitedHealth Group (NYSE: UNH) and Humana (NYSE: HUM), that are doing so. Then there’s the retailers, such as CVS Health (NYSE: CVS), Walgreens Boots Alliance (Nasdaq: WBA), Best Buy (NYSE: BBY) Amazon (Nasdaq: […]
HouseWorks acquires Care and Help Home Care, Amedisys’ personal care division The Massachusetts-based HouseWorks is expanding its footprint in Pennsylvania by acquiring Care and Help Home Care. Care and Help Home Care is a privately-owned personal care provider serving the greater Philadelphia area. “We are excited to welcome the Care and Help team to the […]
This past winter didn’t have the COVID-19 surge that the previous one did. And yet, the referral rejection rate reached an all-time high in home health care – all the way up to 76%. All the while, patients being referred to home health have a higher acuity level on average. Nursing home referrals are also […]
The nature of home health provider-Medicare Advantage (MA) plan relationships has slowly begun to change, as some organizations have found ways to successfully work together and derive value from these collaborations more effectively. One factor that is changing the nature of payer and provider relationships is that there’s no denying that MA enrollment is on […]
Top home-based care leaders from across the country gathered at the end of March in Washington, D.C. We got to hear from many of them at Home Health Care News’ Capital + Strategy event last Thursday. While they are advocating for a better regulatory environment – whether in personal home care or home health care […]
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