Two groups of stakeholders that home-based care providers need to win over in the near-term future are payer leaders and policymakers. As Medicare Advantage (MA) enrollment grows, providers need to prove their agency’s value in order to maintain a sustainable business. Meanwhile, policymakers need to understand the value of home health and home care for […]
In lieu of competing, home-based care providers may need to work together in order to keep up with the growing demand for services. Companies can do that by finding unique ways to deploy caregivers and leverage certain technologies to increase productivity. “We were challenged before the pandemic and we’ve certainly been challenged through the pandemic,” […]
Home Helpers Home Care announced Monday that it’s rolling out a new service offering to fill care gaps and reduce preventable hospital admissions. The private equity-backed franchiser’s rollout comes as more non-medical home care organizations boost their care capabilities to better serve potential payer and referral sources. Home Helper had spent much of the past […]
Home care M&A experts knew that the dealmaking dominoes would start to tumble in 2021, pushed over by the recent agreement between Senior Helper and Advocate Aurora Enterprises. They didn’t know how fast that chain reaction would be, however. On Thursday, H.H. Franchising Systems Inc. — the Cincinnati-based company that operates Home Helpers Home Care […]
The U.S. home care industry is at an inflection point. Prior to the COVID-19 pandemic, an increasing number of payers and health care providers began to recognize the value of non-medical home care, particularly when it comes to chronic disease management and preventative care. That recognition has grown even stronger in 2020, with home care […]
CareFinders announces new leadership hires CareFinders Total Care has expanded its executive leadership team, naming Glenn Williams as the company’s new chief financial officer and Mary Morrisey-Gabriel as its new senior vice president of growth. Founded in 1995, Hackensack, New Jersey-based CareFinders provides home health care services to more than 8,500 patients throughout New Jersey, […]
Home care agencies navigating financial headwinds associated with the COVID-19 virus can seek relief through the Paycheck Protection Program (PPP). But providers need to approach PPP with a full understanding of how the funds can be utilized — or risk consequences down the line. Broadly, PPP — a flexible loan program for certain small businesses […]
The U.S. Food and Drug Administration (FDA) has officially granted an Emergency Use Authorization (EUA) for the first at-home COVID-19 test kit. The move could improve coronavirus testing for in-home care workers and their patients moving forward. For now, health care workers and first responders who have potentially been exposed to the virus — or […]
In the midst of the ongoing COVID-19 pandemic, non-medical home care providers — often called the “eyes and ears in the home” — are solidifying their position as a part of the larger health care continuum. Over the past few decades, the health care sector has seen SARS, H1N1 and a number of other outbreaks […]
Total non-farm payroll employment rose by 225,000 in January, according to the most recent data from the U.S. Bureau of Labor Statistics. Meanwhile, the national unemployment rate was little changed at 3.6%, with notable job gains happening in construction, health care, transportation and warehousing. Translation: An already tight labor market is getting even tighter for […]
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