After signaling things might not be going so well in a preliminary financial result, Amedisys Inc. (Nasdaq: AMED) added a new executive amid a mostly dismal quarterly earnings release. For the third quarter of 2016, Amedisys, the nation’s second-largest home health care provider, reported net service revenue of $361.6 million, compared to $326.4 million in 2015. […]
This week, Home Health Care News readers heard from frustrated home health agencies in Illinois after the Centers for Medicare & Medicaid Services (CMS) released data that characterized the Pre-Claim Demonstration as proceeding smoothly there. Readers also learned the fate of the former vice president at Amedisys Inc. (Nasdaq: AMED) who stole $7.6 million from […]
The country’s largest provider of post-acute care, Louisville-based Kindred Healthcare, Inc. (NYSE: KND), has paid a penalty of over $3 million after failing to comply with a corporate integrity agreement (CIA) it signed with the federal government. The penalty came after Kindred failed to correct improper billing practices in the fourth year of the five-year […]
Many home health providers also offer hospice care, but tangled rules sometimes prevent patients from receiving these services at the same time. This has led to some changes at the national level, such a Medicare program to allow simultaneous hospice and curative care. At the state level, a leader at one agency in Mississippi took matters […]
It has been almost one month since Kindred Healthcare (NYSE: KND) entered into a $39 million agreement to acquire the in-home health care operations from the Arkansas Department of Health, and the dust has far from settled. The deal between the state and the nation’s largest home health care provider has been met with skepticism […]
This week, Home Health Care News readers heard why Kindred Healthcare isn’t satisfied being the largest home health provider in the country, how San Francisco-based Honor plans to tackle the Los Angeles market and where in the United States home care rates are rising most sharply. Here in the newsroom, we enjoyed 10 California seniors’ […]
The amount of money being put toward acquiring home health and hospice companies is increasing, according to the latest figures from Irving Levin Associates, Inc.’s ‘Health Care M&A Report.’ Specifically, the dollars spent on home health and hospice mergers and acquisitions in the first quarter of 2016—in cases where the price was disclosed—rose 69% from […]
This week, Home Health Care News readers were especially curious about a new, bipartisan bill that could expand home health telemedicine. Readers also learned about two new transactions: St. Joseph Health’s acquisition of 26 Nurse Next Door locations, and Kindred Healthcare Inc.’s agreement to purchase the state of South Carolina’s home health operations. Here in […]
Home Health Care News kept readers on the forefront of breaking news throughout the home health and home care industry in 2015. The year was marked by rapidly-changing regulations and a booming emergence of app-based caregiving services. From policy changes to major acquisitions and reports on the biggest players in the industry, here’s a list […]
Home health services were a bright spot for Kindred Healthcare Inc. (NYSE: KND) compared to its hospital assets during the third quarter of 2015, and the major post-acute provider remains optimistic about the sector’s potential. After revising its outlook for 2015, Kindred Healthcare reported revenue struggles within its hospital division, but saw growth in its […]
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