Private Equity Buyers Press Pause on Home Health Plans

In a change of pace compared to recent trends, private equity buyers appear to be shying away from home health purchases. There were at least 13 transactions for Medicare-certified home health assets in 2019’s third quarter, with many of those purchases coming from the industry’s big publicly traded companies, according to the latest quarterly M&A […]

Senior Solutions Credits Market Diversification, Bayada Mindset for Its Rapid Growth 

A decade ago, Senior Solutions didn’t exist. Today, the Brentwood, Tennessee-based company considers itself one of the largest family-owned home care agencies in America. Senior Solutions brought in $14.1 million in 2018 revenue, according to Inc. magazine. The home care agency took spot No. 1,827 on the publication’s annual list of the country’s 5,000 fastest-growing, […]

A Perfect Storm: Amedisys, Encompass Health and LHC Group CEOs Brace for PDGM

The Patient-Driven Groupings Model (PDGM) is a perfect storm of regulatory and reimbursement changes, according to top executives from Amedisys Inc. (Nasdaq: AMED), Encompass Health Corporation (NYSE: EHC) and LHC Group Inc. (Nasdaq: LHCG). For agencies, managing cash flow and making sure staff are operating at the top of their licenses will be keys to […]

LHC Group CEO Casts Doubt on CMS’s Ability to Manage PDGM

Home health providers may not be the only ones positioned for a rough January 2020. LHC Group Inc. (Nasdaq: LHCG) Chairman and CEO Keith Myers cast a small degree of doubt on the Centers for Medicare & Medicaid Services (CMS) and its ability to manage the implementation of the upcoming Patient-Driven Groupings Model (PDGM). “There […]

Why Home Health Care’s Experience Casts Doubt on a Hospice MA Carve-In

The Centers for Medicare & Medicaid Services (CMS) made waves in January when it unveiled plans to test a hospice carve-in under Medicare Advantage (MA), a step long viewed as “inevitable.” Specifically, CMS officials said they would test the feasibility of a hospice carve-in starting in 2021 through the MA Value-Based Insurance Design (VBID) model. […]

LHC Group Revs Up JV Activity; Elara Caring Rebranding Hits Milestone

LHC Group finalizes agreements Lafayette, Louisiana-based LHC Group Inc. (Nasdaq: LHCG) has finalized a joint venture expansion agreement in Missouri while striking a new JV partnership in Alabama at the same time. LHC Group — one of the largest home health companies in the United States — has also purchased the assets of two home- […]

MedPAC: Home Health Continues to Shift Away from Post-Hospital Care

Home health providers continue to see a rise in patients coming from the community instead of hospitals and other institutional settings, recently released Medicare data shows. From 2001 to 2017, the number of home health episodes not preceded by a hospitalization or other post-acute care (PAC) stay increased by nearly 124%, according to updated figures […]

Payers See Home Health Providers as ‘Commodities,’ Industry Leaders Say

Home health care is still not being recognized for its inherent value in reducing hospitalizations and curbing health care costs by payers, which often view providers more as commodities than trusted partners.  “Where are we in home health?” Bruce Greenstein, chief strategy and innovation officer at LHC Group Inc. (Nasdaq: LHCG) said Monday during a […]

BETTER Act Calls for In-Home Telehealth Expansion, Unified PAC Payment ‘Prototype’

A relatively little-known bill in the home health care world currently being marked up in the U.S. House of Representatives could have a big impact on providers — and the post-acute care space overall. Introduced on June 21 by Reps. Richard Neal (D-Mass.) and Kevin Brady (R-Texas), the Beneficiary Education Tools Telehealth Extender Reauthorization (BETTER) […]