Yet another significant cut to home health payments has been proposed by the Centers for Medicare & Medicaid Services (CMS) for 2025. For providers, that means more pushback against cuts is in order, locally and in Washington, D.C. But it also means preparing for a world where Medicare fee-for-service is no longer a reliable backbone. […]
Interim HealthCare Inc.
Jennifer Sheets won’t ever exit the home-based care space. But for now, she’s taking a step back, and doing so with many thoughts on the past, the present and the future. She became the president of Interim HealthCare in January of 2019, and Home Health Care News caught up with her shortly thereafter to discuss […]
CareAcademy makes new leadership hires A few months after making its first acquisition, the caregiver training platform CareAcademy is adding to its leadership team to support its next stage of growth. CareAcademy announced that Laura Bottino will serve as the company’s CFO; Kristin Relyea will serve as the vice president of product, design and engineering; […]
Aveanna closes $345 million Comfort Care deal Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) has completed its acquisition of Comfort Care, an adult home health and hospice company with operations in Alabama and Tennessee. The $345 million deal included $55 million in estimated net tax benefits. Comfort Care is expected to be fully integrated into Aveanna […]
New data constantly reaffirms the idea that seniors want to be cared for in their homes as they age. While that is undoubtedly a tailwind for home-based care, an even more encouraging trend would be professionals wanting to enter into the space. New research from Interim HealthCare and The Harris Poll suggests that trend could […]
The home health industry entered the eighth month of the COVID-19 pandemic this October. While most have adapted to a “new normal,” the public health emergency — and a possible second wave — understandably remains the biggest concern for many operators across the country. As of Oct. 1, there had been more than 7 million […]
Senate Republicans are close to unveiling their latest version of another coronavirus relief bill, with reports suggesting party leaders may do so Wednesday or soon thereafter. The proposal — first obtained by Washington, D.C.-based newsroom Roll Call — is viewed as a “skinny” version of the previously released HEALS Act from July. Among its provisions, […]
Since funds became available, in-home care businesses across the U.S. have received more than $666.36 million in loans of under $150,000 via the Paycheck Protection Program (PPP), a July Home Health Care News review of federal data found. They have received hundreds of millions of dollars in large PPP loans at or above $150,000 as […]
Friday is the deadline set by House Democrats and Senate Republicans for agreeing to a new coronavirus stimulus package. Home-based care stakeholders have had ample time to review the publicly released details from both parties’ plans — and they have a wishlist of additional provisions they’re still hoping to see. One of the central pain […]
It’s time for policymakers, hospitals and everyone else at the health care roulette table to bet all their chips on proactive, pre-acute home-based care. During the coronavirus pandemic, the U.S. health care system has undergone a massive change marked by the skyrocketing use of telehealth technology and the shift away from brick-and-mortar medical appointments. In […]