Humana Beefs Up In-Home Services with Acquisition

Humana Inc. (NYSE: HUM) has acquired Your Home Advantage, a multi-state provider of nurse practitioner in-home visits, in a move that highlights the growing importance of home care to one of the nation’s most prominent health care organizations. Known as one of the largest insurers to specialize in privately managed Medicare health plans, Louisville-based Humana has in recent […]

Amedisys Announces Major Executive Leadership Shake-Up

An ongoing effort to improve its balance sheet has led Amedisys Inc. (NASDAQ: AMED) to an extensive leadership overhaul at the executive level. In April 2014, Amedisys agreed to pay $150 million to the federal government, resolving allegations that the company provided medically unnecessary services to Medicare beneficiaries. As the company tries to bounce back, it […]

Home Health Giant Amedisys Bounces Back After $150 Million Settlement

One of the nation’s largest home health providers, Amedisys, has recovered from a large legal settlement and is positioning itself for success with new payor organizations, company leaders said in announcing fourth quarter 2014 earnings this week. In April 2014, Amedisys agreed to pay $150 million to the federal government, resolving charges that it provided […]

Remote Care Provider Partners with Humana on Aging in Place Pilot

A national pilot program is aiming to make care of older Americans in their homes easier through the use of in-home monitoring devices and health insurance giant Humana.  Tech provider Healthsense has partnered with Humana on the national pilot works through Humana’s Humana Cares / Senior Bridge. The insurance provider identified 100 individuals under its […]

Humana To Acquire Home Health Company American Eldercare

Humana Inc. (NYSE: HUM) announced Wednesday it will acquire American Eldercare Inc., the largest provider of nursing home diversion services in Florida, for an undisclosed sum.  American Eldercare, established in 1993 as a home health agency, has expanded its services over the last two decades to include home-based skilled nursing, medical rehabilitation and private-duty services […]

Managed Care Shift Will Halve Home Health Revenues for Amedisys from Humana

Home health and hospice care provider Amedisys, Inc. (NASDAQ:AMED) will see a diminished annual revenue after signing a new agreement with Humana Inc. (NYSE:HUM) regarding how it will be reimbursed for home health services provided. Under the new agreement, which reflects a national shift toward managed care, Amedisys will be paid on a per-visit basis. […]

Humana, Intel-GE Care Innovations Partner for Senior Telehealth Venture

A nationwide collaboration between insurer Humana and Intel-GE Care Innovations will soon produce data and results on telehealth and its effectiveness based on a 34-state project launched last January involving members who used a home-based telehealth device to manage their conditions, reports Healthcare IT News. St. Petersburg, Fla.-based Humana Cares, a division of the national […]