Headwinds primarily associated with Medicare Advantage (MA) and care activity in its insurance business led UnitedHealth Group (UHG) (NYSE: UNH) to lower its anticipated earnings per share for 2025. In the first quarter of 2025, UHG’s revenues increased by $9.8 billion year-over-year, reaching $109.6 billion. This growth was primarily driven by a more comprehensive approach […]
LHC Group
In December 2024, BrightStar Care Founder Shelly Sun Berkowitz was within 10 days of closing a deal to sell the company, when she decided to step away. “It just didn’t feel right,” she told me this week. “I didn’t feel like I was going to have the voice I wanted to have, I didn’t feel […]
LHC Group President and CEO Josh Proffitt on Wednesday shared a home-based, value-based vision for the company’s future. UnitedHealth Group’s (NYSE: UNH) Optum acquired LHC Group last year for $5.4 billion. “Home Care remains deeply fragmented, disconnected and too difficult to navigate,” Proffitt said Wednesday. “It accounts for about $150 billion of the health sector […]
To be the beneficiaries of an overwhelming amount of home health demand, providers have to take on a larger share of Medicare Advantage (MA) patients. In the short-term, that doesn’t come off as a financially shrewd strategy, but it makes sense from a long-term perspective. Last week, I wrote about a potential “leveling off” of […]
UnitedHealth Group (NYSE: UNH) and Amedisys Inc. (Nasdaq: AMED) announced combination plans last June, under which home health giant Amedisys would become part of Optum. Amedisys had previously entered into an agreement to merge with infusion therapy company Option Care Health (Nasdaq: OPCH), but UnitedHealth Group’s offer, scale and complementary clinical capabilities were effectively too […]
Thanks to impactful, large-scale transactions over the last decade, the collective face of home-based care has changed forever. Traditional providers in both home health care and personal home care have merged. Payers became involved in the home-based care space like never before. Of late, retailers have too. But it’s often easy to forget how the […]
After the ink dries following a transaction in the home-based care space, the question of whether to rebrand newly acquired locations sparks an interesting consideration. While some companies swiftly integrate acquired businesses into their brand and splash their logo, marketing materials and likeness on the newly acquired assets, others opt to maintain the selling company’s […]
Brookdale Senior Living (NYSE: BKD) has sold its 20% stake in the home health, hospice and therapy joint venture it has with HCA Healthcare (NYSE: HCA). The company announced the news Wednesday, but did not specify who it sold the remaining stake to. It did announce the price tag, however, which was $27 million. In […]
Some of the best stories are the ones that might not have made the biggest splash, initially. That’s why, as the year comes to a close, Home Health Care News wanted to take a look back and call attention to some of our favorite under-the-radar stories. These stories cover the most well-known companies in the […]
In the first year that truly felt “post-COVID,” home-based care providers did not see a shortage of challenges. Instead, in 2023, home health providers saw another year defined by payment struggles, with both the Centers for Medicare & Medicaid Services (CMS) and Medicare Advantage (MA) plans. Home care providers, meanwhile, were still grappling with high […]
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