When the numbers came in last summer, they did not look good for New Jersey: 97% of the Garden State’s hospitals would see their Medicare payments reduced because of how many patients had been readmitted. That was the highest percentage of any state in the country. Given that stat, it’s no wonder that a private […]
LHC Group Opens New Home Office Campus in Lafayette, Louisiana LHC Group (Nasdaq: LHCG), a publicly-traded national home health and hospice provider based in Lafayette, Louisiana, celebrated its new corporate headquarters campus in Lafayette on Nov. 12. The company is now leasing the whole building at 901 Hugh Wallis Road, which amounts to about 67,000 square […]
Federal overtime and minimum wage protections for home care workers officially took effect Tuesday, after a protracted and still ongoing legal battle between the Department of Labor and provider associations. The DOL has said it will not enforce the provisions for 30 days, but as the effective date arrived, some home care providers voiced sharp […]
In an increasingly competitive home health marketplace, agencies report they are seeing a viable business opportunity in partnering with hospitals in light of readmission penalties. Since October 2012, hospitals have been subject to reimbursement cuts by as little as 1% per beneficiary after Medicare found readmissions—often avoidable—cost the program an estimated $26 billion annually. The […]
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