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 […]
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 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 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 […]
Lawmakers are pushing yet another piece of new legislation that would make it easier for patients to gain access to home health care, specifically by widening the scope of who can certify the need for home health services under Medicare rules. A bipartisan group of representatives introduced the Home Health Care Planning Improvement Act of […]
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 […]
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. […]
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 […]
In many ways, 2018 was a coming of age for the home care industry, as it steadily became recognized as a key part of the overall continuum of care due to its ability to keep older adults safely at home and out of the hospital. Among the biggest changes to home care in 2018: the […]
From the introduction of the Patient-Driven Groupings Model (PDGM) to fine-tuning the nine-state Value-Based Purchasing Model (VBPM), 2018 was an important year for home health care at large. Next year will bring its own set of challenges and opportunities — some new and others old. Home health industry insiders and top executives expect Texas’ recent […]
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