The home health, home care and hospice industries experienced ups and downs in 2018, including regulatory surprises, new business opportunities and industry-shaping mega deals. Home Health Care News was there to cover it all. Revisit 2018 — and get a sense of what ongoing trends and regulations will shape 2019 — by reading through our […]
Elara Caring
Humana Announces Strategic Leadership, Care Delivery Changes Insurance giant Humana Inc. (NYSE: HUM) has hired a new chief strategy and corporate development officer. Vishal Agrawal, M.D., previously of Washington, D.C.-based financial services and investment firm the Carlyle Group, steps into the position on Dec. 10. In the new role, Agrawal will spearhead advancing the company’s […]
Fortune’s first-ever list of the top 50 workplaces in the aging services sector officially dropped on Thursday, giving several home-based care providers a chance to shine and flaunt their company culture. Care Indeed, Cherished Companions Home Care and 24Hr HomeCare are among the non-medical home care companies to make 2018’s top workplaces list, compiled by […]
Private equity firm Onex Corp. is considering a sale of home care giant BrightSpring Health, formerly known as ResCare, according to a Sept. 11 report from PE Hub. PE Hub cited “people familiar with the matter” in its article. Onex had not responded to requests for comment from Home Health Care News as of press […]
Allen Health Care Services Finalizes Acquisition of First Care of New York Allen Health Care Services, a part of the Elara Caring network of companies, has acquired First Care of New York. Financial terms of the deal, announced last week, were not disclosed. Bronx, New York-based First Care serves nearly 900 patients mainly in the five boroughs […]
Traditions Health Names New Chief Financial Officer Alan Blakeney is joining Traditions Health, LLC, a home health and hospice provider in Texas and California, as its new chief financial officer. College Station, Texas-based Traditions is a holding company that focuses on the health care industry and related businesses, including home health, hospice and online policy […]
Starting next year, Medicare Advantage (MA) plans will be able to cover a bigger slice of the in-home care pie, including non-skilled personal care. Industry execs see the expansion of home care services under MA as a potential proving ground for personal care services and a positive step toward a broader Medicare rollout down the […]
Hospice utilization has risen sharply compared to a decade ago, but many patients are still entering hospice care later than ideal. This limits the effectiveness of hospice for both consumers and providers, including those that dually offer home health and hospice services and want to provide the right level of care at the appropriate time. […]
Earlier this year, a three-way merger created one of the largest home health providers in the United States, and the combined company now is rebranding as “Elara Caring.” The merger, which closed in May, unites Jackson, Michigan-based Great Lakes Caring; Cromwell, Connecticut-based National Home Health Care; and Addison, Texas-based Jordan Health Services. Backed by private equity […]