Owners of Dallas-based home health agency Alliance Healthcare Services, L.P. were sentenced last week for their roles in a nearly $1.3 million health care fraud conspiracy. From November 2008 through mid-February 2011, Alliance submitted claims to Medicare for home health services provided to Medicare beneficiaries, according to the U.S. Department of Justice (DOJ). Alliance employees, […]
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Going forward into 2013, health care reform is expected to be a big factor in merger and acquisition activity in the home health care industry as providers seek to improve margins and expand and increase services along the care continuum by partnering with or acquiring other companies. “It’s a very active market right now in […]
World demand for home medical equipment is expected to rise 7% yearly and reach $28 billion in 2016 according to a report from Freedonia. While the United States will remain the largest market globally, the BRIC countries will be the fastest growing markets as economic prosperity increases. “In these countries, home health care activity will […]
A Vermont court today settled a case that stands to make in-home care more available to patients who need it. The Medicare Improvement Standard case Jimmo v. Sebelius was approved today during a fairness hearing, marking a “critical” step for thousands of Medicare beneficiaries, according to the Center for Medicare Advocacy. The Centers for Medicare & […]
As the “baby boom” generation edges closer toward retirement years, running alongside the large, post-World War II demographic will be an increase in the demand for elder care services. Through 2016, revenues for elder care are expected to reach $319.5 billion, growing at a rate of 5.2% each year, according to a recent study from […]
Home health care escaped the fiscal cliff unscathed with President Obama’s signing of the American Taxpayer Relief Act of 2012, prompting a sigh of relief among many fearing across-the-board spending cuts. Upon Obama’s passing of the bill, President of the National Association of Home Care & Hospice (NAHC) Val J. Halamandaris expressed his praise for […]