LHC Group Increases Florida Footprint with New JV Partnership

No stranger to joint venture agreements, LHC Group Inc. (Nasdaq: LHCG) has entered into a new deal with Orlando Health. The JV agreement will focus on strengthening Orlando Health’s home health capabilities, along with its home- and community-based services, in the state of Florida. Announced on Wednesday, LHC Group’s newest JV agreement marks its third […]

SNF-to-Home Diversion Opportunities Skyrocket for Home Health Providers

The nursing home industry has taken the brunt of the nation’s coronavirus blow, with more than 40% of all U.S. COVID-19 deaths involving skilled nursing facilities (SNFs). Those staggering statistics have prompted fewer seniors to receive care in the setting, both for voluntary reasons and because many SNFs stopped accepting new patients and started discharging […]

Coronavirus Pushed Home Health Employment Down 7%, Spending Down 12%

The coronavirus is expected to drive demand for home health care in the long term. But in the short term, it has yielded industry-wide declines in employment and spending.  That’s according to a new data analysis released Tuesday by the Kaiser Family Foundation (KFF) in partnership with the Peterson Center on Healthcare. Specifically, KFF and […]

LHC Group Promotes Proffitt to President; Former CareMore CEO Jain Joins SCAN Group

This week saw a few major leadership shake-ups that in-home care professionals should keep their eyes on. First, Lafayette, Louisiana-based LHC Group Inc. (Nasdaq: LHCG) announced Thursday that former CFO Joshua Proffitt is being promoted to president. Robert Williams — an executive joining LHC Group from the senior primary care space — will take over […]

Home Health Providers Near Turning Point in ACO Relationships

Home-based care providers are finally getting the attention they deserve for doing what they do best: safely caring for seniors in their homes while cutting health care costs in the process.   COVID-19 has elevated home-based care’s impact to the national stage, with skilled nursing facilities (SNFs) and hospitals leaning on providers to care for more […]

Predicting COVID-19’s Long-Term Impact on the Home Health Care Market

The Patient-Driven Groupings Model (PDGM) and its unintended ripple effects were supposed to be the dominant story this year for the nation’s 12,000 or so Medicare-certified home health care providers. But the coronavirus has rewritten the script for 2020, throwing most of the industry’s previous projections out the window. While PDGM — implemented on Jan. […]

LHC Group Doubles Down on SLCC Partnership, Invests $2.5 Million in Home Health Lab

LHC Group Inc. (Nasdaq: LHCG) has teamed up with South Louisiana Community College (SLCC) to form a home health education program — an extension of a previous partnership with the institution. SLCC is a community college that serves more than 15,000 students annually and operates campuses in Abbeville, Crowley, Franklin, Houma, Lafayette, Morgan City, New […]

Fearing CMS ‘Day of Reckoning,’ Home Health Providers Shy Away from Coronavirus Relief Funds

Home health providers were thrilled when they first heard they would be receiving “no strings attached” payments from the Provider Relief Fund, which was mandated by the CARES Act. However, agencies quickly learned that there was more to the story. The grant funding comes with conditions, and confusion around those conditions has some home health […]

LHC Group Bouncing Back from COVID-19 Lows, Eying Post-Coronavirus Growth Opportunities

Devastating events have a way of changing everything, dividing time periods into the “before” and the “after.” In light of the coronavirus, that’s very much how LHC Group Inc. (Nasdaq: LHCG) approached its first-quarter 2020 earnings call, with the national emergency turning the country and the company upside down in mid-March. Before March 15, the […]