Kindred at Home Integration More Costly than Humana Anticipated

Humana Inc. (NYSE: HUM) recorded better-than-expected revenue in the fourth quarter of 2018, despite higher-than-anticipated costs associated with Kindred at Home’s operations. The Louisville, Kentucky-based health insurer’s GAAP consolidated revenues for Q4 came in at $14.17 billion, an increase of about $979 million from the same period a year ago. Annual revenue for Humana’s fiscal […]

ComForCare Brings Brands Together Under New Platform Company

Home care giant ComForCare has announced the creation of a new platform company to unify its brands. Going forward, Best Life Brands will encompass ComForCare, fellow home care franchise company At Your Side, senior placement organization CarePatrol and any future acquisitions. Owned by New York-based private equity firm Riverside Company, ComForCare operates on a franchise […]

Humana Names Incoming Chief Medical Officer, Graceworks Hires New CEO

Humana Hires New CMO Humana (NYSE: HUM) has appointed a new chief medical officer. Dr. William Shrank will take the reins April 1, as current CMO Dr. Roy Beveridge transitions to retirement later in the year. Beveridge will stay on for several months after Shrank steps in to ensure a smooth transition, according to Humana. […]

The Top Trends in Home Care for 2019

In many ways, 2018 was a coming of age for the home care industry, as it steadily became recognized as a key part of the overall continuum of care due to its ability to keep older adults safely at home and out of the hospital. Among the biggest changes to home care in 2018: the […]

Humana CEO: Home-Based Care, Social Determinants of Health ‘Most Impactful’ to Health Care System

Advances in home-based care capabilities and being able to properly address social determinants of health for older adults and chronically ill populations are among “the most impactful” influences on the U.S. health care system, according to Bruce Broussard, CEO and president of Humana Inc. (NYSE: HUM). Shifts in primary care, pharmacy services and behavioral health […]

WellSky Taps Fazzi Head as CCO; Collective Medical Hires New Leadership

WellSky Creates, Fills New Position WellSky, a health and community care technology company backed by TPG Capital, has named a new chief clinical officer. Fazzi Associates President Tim Ashe will hold the newly created position, in which Ashe will guide meaningful patient outcomes, combining technology and clinical care. Ashe will continue to serve as president […]

PlayMaker Releases Data on Home Health Length-of-Stay, Partners with WellSky

Home health and hospice providers in the South have longer average lengths of stay (ALOS) than any other region in the country. That’s according to the latest quarterly data from PlayMaker Health, a post-acute growth platform serving hundreds of organizations. In home health, Playmaker’s data shows southern states have an ALOS of 80.4 days, while […]

WellSky Targets Hospice, Palliative Care With Fifth Acquisition of 2018

WellSky, a health and community care technology company backed by TPG Capital, has acquired Consolo Services Group, formerly a portfolio company of Bluff Point Associates that provides healthcare IT services with a focus on hospice. Financial terms are not being disclosed. The deal expands WellSky’s investment in hospice and offers an entry point into other […]

ComForCare to Roll Out System-Wide Private-Duty Nursing

ComForCare on Wednesday announced a new business goal to roll out private-duty nursing across the entire franchise system of about 200 locations. The move fits into the company’s broader strategy. ComForCare CEO Steve Greenbaum recently outlined the Detroit-based home care franchiser’s plans to differentiate itself from industry competitors, mainly by refining a “suite of services” […]