Kaiser Permanente is acquiring Geisinger Health, the companies announced Wednesday. In tandem with the move is the development of a new organization. Together, the two are creating Risant Health, a new nonprofit group that will operate independently. “Through Risant Health, we will make our value-based care expertise, technology and services available to community-based health systems, […]
The U.S. Centers for Medicare & Medicaid Services (CMS) announced Monday that it is increasing the Medicare payment amount for administering the COVID-19 vaccine. That could lift the home health organizations that have been able to play a role in vaccinating homebound seniors throughout their communities. Not all in-home care operators have been able to […]
Geisinger Health System — known as one of the most innovative and home-focused health systems in the country — is testing out a new way of easing chronic pain. As a means to engage with patients and better manage their pain in the home, Geisinger is teaming up with AppliedVR, a Los Angeles-based company pioneering […]
LHC Group (Nasdaq: LHCG) is one of the biggest home health providers in the country — and a company that has been a fixture in the home-based care business for more than two decades. During that time, the Lafayette, Louisiana-based home health giant’s business model has stayed largely the same: land joint venture partnerships with […]
JourneyCare adds home health JourneyCare — Illinois’ largest nonprofit community-based hospice and palliative care provider — is expanding into the home health space. To do so, the provider has purchased Northwestern Memorial HealthCare’s home health and hospice programs. Terms of the deal were not disclosed. Among its offerings, the Glenview, Illinois-based JourneyCare provides adult and […]
With spending projected to reach $173 billion by 2026, the home health industry is booming like never before. As such, a growing number of health care providers want a piece of the pie. To make it happen, they’re harnessing telehealth and partnerships with home-based care providers to enter the sector, according to a new home […]
As more types of care move into residential settings, an increasing number of hospitals and health systems are turning to outside home health agencies to either replace, reinforce or manage their own operations. Workforce challenges and financial struggles are often the catalysts behind their decisions to outsource home health offerings, M&A experts say. “It’s a […]
Mediware Closes Acquisition of Kinnser Software Mediware Information Systems, a health care software provider, finalized the acquisition of Kinnser Software, a provider of software for home health and hospice providers. The transaction, backed by TPG Capital, also included Kinnser CEO Chris Hester joining Mediware’s senior leadership team, according to a press release. The acquisition was initially announced […]
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