Cash flow interruptions and operational changes caused by the Patient-Driven Groupings Model (PDGM) may lead to a spike in the number of home health providers in the U.S. filing for bankruptcy, some experts predict. If the forecast is accurate, that may also mean more initial M&A action as well. “I agree with the premise that […]
Encompass Health
After adding 23 home health locations and 22 hospice locations in 2018, Encompass Health (NYSE: EHC) plans to spend tens of millions of dollars to further bolster those areas in 2019. Preparing for 2020 regulatory changes will also remain top of mind for the company in the year ahead. “If you think about our priorities […]
Encompass Health Corp. (NYSE: EHC), the nationwide post-acute care provider formerly known as HealthSouth Corp., posted another round of solid financial results this week for both of its major business segments. Encompass Health’s upcoming quarter may not be so steady, however, largely because of ongoing recovery efforts tied to Hurricanes Florence and Michael. Fallout from […]
Senior Helpers Names Geriatric Clinical Advisor In-home care provider Senior Helpers has appointed Dr. Alan Abrams as its geriatric clinical advisor. Maryland-based Senior Helpers is an in-home senior care provider with over 311 franchised businesses. The company was founded in 2002. “As an engaged clinician, leader and educator, Abrams has wide-ranging experience and outstanding reputation in […]
Home health giant Amedisys Inc. (Nasdaq: AMED) achieved strong financial results in the second quarter of 2018 and is bullish on a variety of industry trends and shifts, including major changes related to Medicare payments and ongoing consolidation across the post-acute care continuum. The company also announced that it has acquired Bring Care Home, which […]
The Patient-Driven Groupings Model (PDGM) largely stole the show when the Centers for Medicare & Medicaid Services (CMS) released its proposed payment rule earlier this month. But there were also some important and surprising positives within the rule’s 600 pages that home health providers shouldn’t ignore, industry executives and analysts say. The two most striking […]
Encompass Health (NYSE: EHC) has two primary concerns with the proposed Patient-Driven Groupings Model (PDGM) for Medicare home health payments. The Birmingham, Alabama-based organization is one of the largest home health providers in the nation, with more than 198 locations across the country. The company is also the largest inpatient rehabilitation facility (IRF) operator in […]
Jonathan Fleece Named Tidewell Hospice CEO Stratum Health System and Tidewell Hospice have a new leader. Jonathan Fleece has been named the CEO of those organizations by the Stratum Board of Trustees, succeeding current CEO Gerard Radford. Tidewell is one of the largest nonprofit hospices in the United States. Its administration office is located in […]
Happy Monday, Home Health Care News audience. Get a jump-start on your week with our must-read news. See what headlines caught our eye around the web and keep reading to see our top stories from last week. A new study found that older adults with higher financial literacy tend to have lower hospitalization rates. The […]
This year, Encompass Health (NYSE: EHC) is executing on a new playbook to drive more—and more effective—collaboration between its inpatient rehabilitation facilities (IRFs) and home health agencies. That playbook had been in development since Mark Tarr became CEO of the company, then known as HealthSouth, in late 2016. Now, Tarr is pleased to see some […]
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