The trend of more people receiving care at home is going to continue no matter how federal lawmakers might reshape health care policy this year, according to Benjamin Breier, CEO of Kindred Healthcare (NYSE: KND). Louisville-based Kindred is the nation’s largest home health provider. “It’s hard to … figure out all the moving parts and, really, for anyone […]
Private equity investment in the home care and hospice sectors hit a new high in 2016. As of the third quarter of 2016, more than 50 home care and hospice transactions involved private equity buyers, compared with fewer than 30 of these transactions in all of 2015, according to proprietary data from M&A advisory firm […]
Home health and hospice are the most promising growth sectors in health care, but there are relatively few companies with the “blue-collar” mentality needed to seize that opportunity, Kindred Healthcare (NYSE: KND) CEO Benjamin Breier said Tuesday. “From an organic growth perspective, I don’t think there’s a better story in the health care service marketplace than […]
Amedisys Inc. (Nasdaq: AMED) has added another fresh face to the C-Suite, hiring David Mikula to fill a new role for the company: chief development officer. Mikula formerly was an executive with the nation’s largest home health provider, Louisville-based Kindred Healthcare (NYSE: KND). Most recently, Mikula was senior vice president and COO for the Texas Region […]
The Centers for Medicare & Medicaid Services (CMS) has issued a final rule creating mandatory bundled payment programs for cardiac conditions, and expanding the scope of an existing bundled payment program for joint replacement episodes. These bundled payment programs are seen as an opportunity for home health providers, which can help hospitals control costs and […]
A leading critic of a wildly unpopular home health regulation may soon be in a position to get rid of it entirely, as the Secretary of the Department of Health and Human Services (HHS). In late September, Rep. Tom Price (R-GA) introduced a bill to hit pause on the Pre-Claim Review (PCR) demonstration; PCR had […]
Question marks hover around Kindred Healthcare (NYSE: KND) following its decision to exit the skilled nursing facility business and double-down on home health and hospice. But while the move may create uncertainty, it should not be causing much surprise, according to Kindred CEO and President Benjamin A. Breier. Rather, ceasing to own and operate any […]
The nation’s largest home health and hospice provider is betting even more on this side of the business, announcing Monday that it will entirely cease to own or operate skilled nursing facilities (SNFs). Roughly half of earnings for Louisville-based Kindred Healthcare (NYSE: KND) will come from the home health side of the company after the […]
The Centers for Medicare & Medicaid Services (CMS) is moving too quickly on bundled payments, according to some of the nation’s largest home health providers and industry associations. In April 2016, the mandatory Comprehensive Care for Joint Replacement (CJR) demonstration got underway. Under this program, hospitals in selected geographic areas would be responsible for controlling […]
ResCare Hires Kindred Executive as President, CEO ResCare, a home health care provider based in Louisville and the nation’s largest private provider of services to people with disabilities, has named Jon Rousseau as its new president and CEO, replacing CEO Ralph Gronefiled, Jr., who is retiring. Rousseau is moving from Kindred Healthcare (NYSE: KND), one […]
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