Medicare Advantage (MA) has provided tailwinds for home-based care providers, as the overall MA member population has grown substantially over the last decade. In 2020, there were over 24 million MA members in the U.S., over double the amount there were in 2010 and nearly five times the amount in 2005, according to Centers for […]
Susan Diamond — the Humana Inc. (NYSE: HUM) executive who has been in charge of building the health insurer’s vast home-based care infrastructure — is taking on an additional role. The Louisville, Kentucky-based company announced Monday that Diamond will be moving into the interim CFO role, effective June 1. Current CFO Brian Kane is stepping […]
Less than a decade ago, Heal co-founder Nick Desai would regularly drive around Los Angeles with his wife and business partner, Dr. Renee Dua, carrying out their very first house calls. Since then, Desai has helped grow Heal into an in-home primary care powerhouse that has raised roughly $164.1 million since launching, including $100 million […]
With a new round of financing secured, in-home medical care company DispatchHealth is gearing up for another major expansion push. The Denver, Colorado-based company announced Wednesday that it has raised an additional $200 million in Series D, bringing its overall fundraising total to more than $417 million since launching in 2013. DispatchHealth’s latest funding comes […]
Back in 2018, it felt like the health care sector was on the verge of a massive shift, driven by a desire from payers to better manage their members’ total cost of care with enhanced in-home capabilities. Much of that feeling came from watching Humana Inc. (NYSE: HUM). The Louisville, Kentucky-based health insurer teamed up […]
AccentCare appoints Chris Dimos as COO AccentCare has named Chris Dimos its chief operating officer. Dallas-based AccentCare has over 200 locations across the U.S. As a company, it provides skilled home health and personal care services, along with hospice care, private-duty nursing and care management services. Prior to joining AccentCare, Dimos was the president of […]
Going into 2020, many home health executives predicted that the Patient-Driven Groupings Model (PDGM) would kick off a wave of consolidation and agency closures. Others believed the phase out of Requests for Anticipated Payment (RAPs) would have a similar effect. For the most part, that didn’t happen. The COVID-19 pandemic — and all the policy […]
Humana Inc. (NYSE: HUM) continues to shift its operations toward value-based care payment models, both with internal service lines and with external provider partnerships. The Louisville, Kentucky-based insurance giant is also doubling down on social determinants of health at the same time. Those are just a couple key takeaways from a Tuesday conference call with […]
In 2019, Humana Inc. (NYSE: HUM) decided to reorganize its operations and create a dedicated business segment focused on the home. The Louisville, Kentucky-based health care organization has spent the past several months refining that home segment by fully mapping out its strategy and scope of services, according to its leader and president, Susan Diamond, […]
Papa — the on-demand companionship service for older adults and their families — has added a substantial amount of new capital to its coffers. The Miami-based startup announced Tuesday it has raised another $18 million for its Series B round, with investment led by Comcast Ventures, Comcast Corporation’s investment arm. The new funding brings Papa’s […]
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