While the U.S. economy has sunk into its first official recession since 2008, home-based care experts are largely confident in the industry’s ability to withstand emerging economic hardships. In fact, “recession-proof” is the term many often use. Soaring demand, an evolving payment landscape and shifting consumer demographics may protect home-based care providers from too much […]
In 2020, the worth of home-based care providers is often measured by their ability to avoid preventable hospital readmissions. As the U.S. health care industry continues to shift toward value-based care, that’s not likely to change any time soon. One provider — Georgetown Home Care (GHC) — has made significant strides on this front. In […]
Geriatricians, similar to in-home care providers, serve the elderly by helping with the process of aging. But the current amount of geriatricians is inadequate in the United States, a seemingly hidden shortage that could have a substantial effect on the rest of the health care sector in years to come. That includes home-based care providers […]
Once considered an afterthought, non-medical, in-home care took on newfound importance in 2019. Many home care CEOs predict that momentum will continue in 2020, especially as risk-based arrangements among providers become more common. Medicare Advantage and outcomes-related health data are also positioned to play leading roles in home care next year, industry leaders believe. The […]
Providing both assistance and assurance to patients after being discharged from the hospital can drastically curb readmissions — and significantly cut health care spending in turn. That was the goal of a Georgetown Home Care (GHC) pilot program launched earlier this year. GHC’s pilot program achieved promising results. Overall, patients discharged after spinal surgery at […]
This year’s edition of Inc. magazine’s annual list of the 5,000 fastest-growing privately held companies in the U.S. featured a number of in-home care providers that have made jaw-dropping business gains. To earn a spot on the 2019 Inc. 5000 list, released earlier this month, companies had to be privately owned, U.S.-based and independent, meaning […]
HomeCare.com alum joins LifeMatters Silver Spring, Maryland-based home care provider LifeMatters has hired a new COO. Daniel Gold comes to the position after serving as executive vice president and COO of HomeCare.com, which offers tools and technologies to connect families and caregivers. Gold has worked in different capacities within the post-acute care since the early […]
As one of the biggest companies in the world, Amazon’s (Nasdaq: AMZN) interest in the health care space has led to speculation about how the retail giant could disrupt the industry. However, Amazon is already having an impact on in-home care providers by stealing away potential caregivers as hires in its massive distribution centers. Amazon’s expanding […]
Around the nation, home care and home health executives are looking into 2018 with their eyes wide open. With major deals being announced at the end of the year, some are expecting greater M&A activity in the year ahead, while others are still on high alert over new regulations. “I believe 2018 will see the […]
Imagine it, a home care company that charges more than its competitors and tells clients why—because it pays its caregivers a higher wage than everyone else. A new company in the home cleaning space, Well-Paid Maids is doing just this. Private duty companies might find inspiration in the model, even if it doesn’t translate perfectly to home care. Paying […]