Despite regulatory and operational challenges within the home health and hospice industries, competition remains strong, as evidenced in Chicago-based research firm LexisNexis’ 2017 Top 100 Home Health and Hospice Agencies Rankings. The 2017 rankings were compiled by LexisNexis Risk Solutions utilizing 2016 medical claims and patient volume data from the company’s proprietary “MarketView” claims database, […]
Louisville, Kentucky-based Kindred Healthcare (NYSE: KND) is attempting to draw registered nurses (RN) with cash, offering a $10,000 signing bonus for each of five RN positions in the Louisville area. The high signing bonus, first reported by Louisville Business First on Nov. 3, is also available to RNs in California, New Mexico, Missouri, Colorado and […]
Buoyed by the Centers for Medicare & Medicaid Services’ (CMS) recent decision to delay the home health groupings model (HHGM), executives at Kindred Healthcare, Inc. (NYSE: KND) say they see growth ahead in the sector. After taking a financial hit amid the recent natural disasters, Kindred expects annual revenue and admissions growth of 3% to […]
On the heels of opening the doors to the industry’s first-ever technology innovation hub, in Louisville, Kentucky, leaders from some of the biggest home health care companies are teaming up with other executives from across the health care space in the city to revolutionize the city’s health care economy by establishing the Louisville Healthcare CEO Council, […]
Social media outreach and online job boards are useful tools for home health providers confronting a staffing crisis. But Kindred Healthcare (NYSE: KND), the nation’s largest home health provider, is finding continued success with more traditional recruitment methods. Like other providers across the health care spectrum, Louisville-based Kindred has been utilizing digital channels to reach […]
The Centers for Medicare & Medicaid Services (CMS) has proposed to cancel mandatory bundled payment models and make changes to an existing bundled payment initiative focused on joint replacements. The proposal aligns with what home health stakeholders have called for, as some have stated the mandatory bundles were being implemented too fast. Specifically, CMS is moving […]
Home health care providers are on edge after the Centers for Medicare & Medicaid Services (CMS) issued a proposal Tuesday to overhaul the Medicare payment system, with major restructuring changes that could result in a payment cut of $950 million to home health care agencies in 2019. Stock values for Amedisys (Nasdaq: AMED), Almost Family (Nasdaq: […]
Netsmart, an Overland Park, Kansas-based provider of electronic health records (EHR), data analytics and other technology services, today announced it acquired DeVero, a technology company that specializes in home health and hospice. The companies did not disclose the acquisition price. As part of the deal, Netsmart inherits a high-profile DeVero client: Louisville-based Kindred Healthcare (NYSE: KND), […]
While it’s fair to assume that some of the country’s biggest publicly traded home health care companies pay their chief executives well, some earn more than others. In 2016, CEOs at HealthSouth (NYSE: HLS), Kindred Healthcare (NYSE: KND) and Brookdale Senior Living (NYSE: BKD) made the most in total compensation—a figure that includes base salary, stock awards, […]
Happy Monday, readers! Take a minute to catch up on everything that happened last week with our Monday Jump-Start. Keep reading to see our top stories from last week, along with news items that caught our eye. Start your week off with this gripping first-hand account from a patient who was saved by her home […]
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