Amedisys Inc. (Nasdaq: AMED) has completed its purchase of Visiting Nurse Association’s (VNA) assets. Baton Rouge, Louisiana-based Amedisys has a number of in-home care capabilities, including home health, hospice and personal care services. Amedisys also recently acquired Contessa Health for $250 million. The deal gives the company a range of acute-level care services. Meanwhile, VNA […]
InnovAge
Even though InnovAge (Nasdaq: INNV) is already one of the largest Program of All-Inclusive Care for Elderly (PACE) providers in the U.S., the company has plans to go after an even bigger piece of the pie. Maureen Hewitt, president and CEO of InnovAge, talked about the company’s multi-pronged growth strategy on Monday during a conference […]
Senior Helpers announces senior director of strategic programs Senior Helpers has named David Chandler its senior director of strategic programs. Maryland-based Senior Helpers is a home care franchise organization that operates across 44 states. The company — recently acquired by the investment arm of Advocate Aurora Health — has over 320 locations worldwide. In his […]
The scene is set for a possible expansion to Programs of All-Inclusive Care for the Elderly (PACE) in the U.S. Sen. Bob Casey, a Democrat from Pennsylvania and chairman of the Senate Special Committee on Aging, on Thursday introduced the “PACE Plus Act,” a bill that aims to expand access to PACE across the country. […]
The COVID-19 pandemic has revealed a dire need to rethink how and where Americans age, most long-term care experts agree. Investing in small-home senior living and “nursing homes without walls” are among the several innovative ideas that have been floated over the past year. Alternatively, some aging services stakeholders have simply called for a sweeping […]
InnovAge (Nasdaq: INNV), a Program of All-Inclusive Care for Elderly (PACE) provider, officially went public Thursday. Denver-based InnovAge offers one of the largest PACE programs in the U.S. The company has about 1,900 employees and serves 6,600 seniors in Colorado, New Mexico, California, Pennsylvania and Virginia. In addition to its PACE offerings, InnovAge owns two […]
The largest Program of All-Inclusive Care for the Elderly (PACE) provider in the United States is reportedly getting another major investor. On Friday, reports surfaced that London-based private equity firm Apax Partners plans to buy a stake in InnovAge from fellow PE giant Welsh, Carson, Anderson & Stowe (WCAS). Apax Partners’ deal for a piece […]
In one of the latest sets of COVID-19 directions for Medicare providers, the U.S. Centers for Medicare & Medicaid Services (CMS) unveiled updated guidelines for all Programs of All-Inclusive Care for the Elderly (PACE) organizations on Tuesday. Broadly, CMS’s guidelines cover standard procedures for infection control and prevention for COVID-19, also known as the coronavirus. […]
When it comes to health care delivered in the home, many see hospital-at-home models as the next big, innovative concept to hit a boom period. But investors and other stakeholders interested in home- and community-based care shouldn’t sleep on PACE programs, either. That includes in-home care providers. PACE — or Programs of All-Inclusive Care for […]
Waltonwood Lake Boone Partnering With Bayada Home Health Care Bayada Home Health Care is partnering with Waltonwood Lake Boone to provide additional resources to the senior living community’s residents and staff. Waltonwood Lake Boone is a senior living community based in Raleigh, North Carolina. Bayada Home Health Care is a Moorestown, New Jersey-based home care […]
Subscribe
Receive industry updates and breaking news from HHCN