The U.S. Centers for Medicare & Medicaid Services (CMS) released final language Wednesday for its Patient-Driven Groupings Model (PDGM), the sprawling home health payment overhaul that policy experts see as the biggest industry change in decades. Likely to the disappointment of many home health agencies, CMS stood by PDGM’s widely opposed behavioral adjustment aspect. If […]
Home health, hospice and personal care giant LHC Group, Inc. (Nasdaq: LHCG) missed its expected revenue mark in an otherwise strong third quarter of 2018. Despite the miss, analysts are encouraged by the Lafayette, Louisiana-based company’s organic growth outlook and its ability to withstand the looming overhaul to the home health payment system. LHC Group […]
Home Health Care News is launching a new event this spring and creating an environment for providers, insurers, health systems, hospitals, regulatory officials and others to network, learn and share what makes home health one of the fastest growing areas in health care. The HHCN Capital + Strategy Forum will convene providers driving innovation in […]
Fueled by savvy moves from the United States’ two top independent and publicly traded home-based health care providers, home health stocks had seen strong month-after-month growth in 2018. Those hot growth levels now appear to be cooling off. Home health stocks were up just 0.74% in September compared to the previous month, according to the […]
LHC Group, Inc. (Nasdaq: LHCG) one of the two largest publicly traded and independent home health companies in the country, announced in May that U.S. Department of Health and Human Services (HHS) Chief Technology Officer Bruce Greenstein would be leaving his post to join LHC Group’s executive office. Greenstein officially joined LHC Group in June, quickly […]
Breaking into a hospital or health system’s narrow network of preferred providers can sometimes feel like an impossible task for small- to mid-sized home health agencies. But home health sales teams shouldn’t stop trying to make inroads altogether, as plenty of opportunities still exist even in the most restricted networks. Industry executives discussed success strategies […]
The home health industry has won another victory in Washington, D.C., in its battle against certain parts of the Patient-Driven Groupings Model (PDGM) and shift toward a more pre-acute care identity. Sens. Susan Collins (R-Maine), Bill Nelson (D-Fla.) and Debbie Stabenow (D-Mich.) introduced the Home Health Payment Innovation Act — S. 3545 — on Wednesday. […]
CEO of ComForCare Appointed to Home Care Association of America Board of Directors The Home Care Association of America (HCAOA) has appointed Steve Greenbaum, CEO of ComForCare, to its board of directors. HCAOA is a trade association for the home care industry that represents thousands of companies combining to employ more than 500,000 workers across […]
Industry-backed legislative efforts to take the teeth out of proposed home health payment reform are gaining ground on Capitol Hill. On Thursday, Rep. Ralph Abraham (R-La.) introduced H.R. 6932, a new bill that amends several provisions of the Bipartisan Budget Act of 2018 to thwart widely opposed behavioral adjustment aspects of the Patient-Driven Groupings Model […]
LHC Group Promotes Bruce Greenstein to Chief Strategy Officer Just a few months after announcing his hire, LHC Group (Nasdaq: LHCG) has promoted Bruce Greenstein to executive vice president and chief strategy and innovation officer. Greenstein — who previously served as chief technology officer for the U.S. Department of Health and Human Services — first […]
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