Running a home health company in 2023 is not the same job it was 5 or 10 years ago. Leaders are now tasked with building next-generation home health entities, ones that can survive now and thrive later. In many ways, a company like Compassus already exemplifies what it means to be a next-generation home health […]
The second day of Home Health Care News’ FUTURE event began with an off-the-record breakfast conversation between HHCN+ subscribers. To kick the day off, I decided to poll the room by asking, “Does anyone in here have a Medicare Advantage success story that they could share with us?” The idea was to get a personal […]
The U.S. Centers for Medicare & Medicaid Services’ (CMS) home health proposed payment rule – which would slash rates by 2.2%, or an estimated $375 million less compared to 2023 levels – drew the ire of the industry’s heaviest hitters during the public comment period. The comments were critical of the proposed rule itself. They […]
UnitedHealth Group’s (NYSE: UNH) Optum has a new leader, one that will have a hand in integrating and leveraging two of the largest home health companies in the country in LHC Group and Amedisys Inc. (Nasdaq: AMED). Dr. Amar Desai – an Optum veteran who most recently spent time as the president of health care […]
UnitedHealth Group’s (NYSE: UNH) Optum snatched Amedisys Inc. (Nasdaq: AMED) away from Option Care Health (Nasdaq: OPCH) at the end of June. If the $3.3 billion acquisition is finalized, Optum will own about 10% of the home health care market. It would represent a seismic shift for a traditionally mom-and-pop industry. It would represent consolidation, […]
Home health providers are in a challenging operating environment, despite their services being more in demand than ever. Their leaders are trying to grapple with those two realities. They want to be the ones that benefit from higher demand, instead of another outsider like UnitedHealth Group’s (NYSE: UNH) Optum, CVS Health (NYSE: CVS) or any […]
Rising costs, the return of Medicare sequestration, labor shortages and higher patient acuity levels have all contributed to health systems struggling financially over the past 18 months. Since the start of the year, at least half a dozen hospitals have either closed or announced plans to close. To stay afloat, many others have opted to […]
In a best-case scenario, conveners have the ability to form beneficial partnerships with home health providers. But most industry leaders still believe there is a long road to get there. “Today, the landscape is crappy,” Bruce Greenstein, chief strategy and innovation officer at LHC Group, said on a panel during the Home Care Innovation + […]
In-home care and health assessments give payers and providers the ability to better manage vulnerable populations while addressing social determinants of health (SDoH). That’s partly why UnitedHealth Group (NYSE: UNH) subsidiary Optum has invested so mightily in its home- and community-based care efforts, including its HouseCalls program, according to Optum Health Chief Nursing Officer Kristy […]
There’s been an anxious buzz in the home health care industry of late. Big moves are happening. Whether those big moves are good for the industry, though, is yet to be determined. Many in the industry are still grappling with that question themselves. As I talked to home health providers and insiders this week during […]
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