If the home health payment rule for 2023 is finalized by the Centers for Medicare & Medicaid Services (CMS) as proposed, it will likely affect quality of care. There are a few reasons why. The number of patients per clinician already represents a troubling ratio. And if CMS goes through with reimbursement cuts, that ratio […]
Medicare-reimbursement cuts to home health agencies in 2023 threaten to destabilize the workforce, namely through handcuffing operators by limiting their ability to offer competitive compensation. The 2023 home health proposed payment rule from the U.S. Centers for Medicare & Medicaid Services (CMS) seeks to cut agency payments by an aggregate 4.2%, or $810 million, next […]
Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) has maintained a disciplined approach to raising wages since it went public. Its gross margins are driven by the difference between the hourly rate it’s paid and the wage it pays its caregivers, like many other home-based care providers. And a company policy has ensured it has kept its […]
The National Association for Home Care & Hospice (NAHC) this week laid out the gaps that exist in the long-term and post-acute care (LTPAC) sectors, and what Congress needs to do to help fill those gaps. In a response to a request for information from the U.S. House Republican “Healthy Futures” Task Force Subcommittee on […]
Right now, there are three sections of home-based care that I see as core components to the concept: home health, hospice and personal care. There are companies that offer one, two or all three services in some spots. But there’s a growing group of home-based care providers that are hellbent on building out the “three […]
Staffing remains far and away the most pressing challenge for home-based care providers, a recently released report from Homecare Homebase and Home Health Care News found. But changing payment models and regulatory policies are still proving difficult as well. The findings are sure to be familiar to those in the home-based care industry, but they’re […]
Last April, Addus HomeCare Corporation (Nasdaq: ADUS), Homecare Homebase (HCHB) and CellTrak announced they were teaming up to build “the industry’s first integrated, enterprise-level solution for all types of home-based care.” The next big step in that collaboration has come for two of those organizations. Hearst, the parent company of HCHB, has struck an agreement […]
The 50th episode of our podcast, Disrupt, is now available! For this episode of Disrupt, Home Health Care News sat down with Coltala Holdings co-founders Ralph Manning and Edward Crawford to chat about getting into the home health sector in 2021 through the acquisition of Choice Health at Home. Dallas, Texas-based Coltala Holdings is a holding company […]
Most home health agencies are “generalists,” meaning they serve patients with a wide variety of in-home care needs. GrandCare Health Services, however, sees itself as an orthopedic rehab specialist, which is why it sold its non-medical home care division to 24 Hour Home Care in September. For this episode of Disrupt, HHCN caught up with […]
In June, Searchlight Capital Partners acquired a majority stake in Care Advantage, one of the largest in-home care companies in the Mid-Atlantic region. Aside from giving the company more firepower for future M&A activity of its own, the deal will likely help Care Advantage accelerate its value-based care strategy. The in-home care provider already has […]
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