LHC Group (Nasdaq: LHCG) and Almost Family have now officially become the second-largest U.S. home health provider. The combined company is moving forward on a plan to be a “house of brands” offering a full continuum of home health, personal care and hospice services in hundreds of markets across the country. In November 2017, the […]
In the midst of acquiring a stake in the largest home health provider in the nation, insurance giant Humana (NYSE: HUM) might also be in early stage talks to itself be acquired by retail behemoth Walmart (NYSE: WMT). The combination of Humana and Walmart, though far from certain, would potentially be a game-changer for home […]
As LHC Group (Nasdaq: LHCG) continues to make inroads with partners in the shift to value-based care, a new business segment it is picking up in its merger with Almost Family (Nasdaq: AFAM) could accelerate the process. Lafayette, Louisiana-based LHC Group is acquiring Louisville-based Almost Family in a $2.4 billion deal, and the emerging company […]
When the Bipartisan Budget Act of 2018 was signed into law in February, a new home health payment system was back on the table. However, language of the bill left some unanswered questions about what the new model will look like. Namely, the legislation outlined “30-day units of service,” which does not make clear if […]
Previous health care merger blowups aren’t deterring LHC Group (Nasdaq: LHCG) executives from the hardships of major transactions as the Lafayette, Louisiana-based home health care provider works through its combination with industry peer Almost Family (Nasdaq: AFAM). “Internally, we’re calling this more of a wedding than a merger,” LHC Group CEO Keith Myers said during […]
If Amedisys Inc. (Nasdaq: AMED) has any concerns as its competitors merge, executives didn’t show it during the company’s end-of-year earnings call Wednesday. Instead, the Baton Rouge-based company is looking forward to a year with few headwinds, and eyeing new opportunities amid industry consolidation and greater regulatory visibility. The merger between LHC Group (Nasdaq: LHCG) and Almost […]
After a year of turbulent home health regulatory pressures, Encompass Health (NYSE: EHC) is prepared to make a play for acquisitions in the home health and hospice sectors. However, Encompass isn’t the only company eyeing new opportunities in 2018, and the added competition could heat up the market, executives stated during the company’s end-of-year earnings […]
Almost Family, Inc. (Nasdaq: AFAM) continues to reap the benefits of a joint venture acquisition first announced over a year ago as it prepares to merge with home health heavyweight LHC Group (Nasdaq: LHCG). Specifically, the Louisville, Kentucky-based company’s fourth-quarter 2017 home health segment net revenue increased 35.5% from the fourth quarter of 2016, to $145.1 million. Episodic admissions, meanwhile, rose […]
Coming changes in how Medicare will pay for therapy are raising questions—and some concerns—in the home health sector. The therapy policies were included in the Bipartisan Budget Act of 2018, which was signed into law last week. One of the biggest changes relates to Medicare therapy caps, which were repealed in the bill as had been expected. […]
The Centers for Medicare & Medicaid Services (CMS) recently proposed adding non-skilled in-home care as a supplemental benefit to Medicare Advantage plans in 2019. The language of the proposal led to questions, still unanswered, about which specific services could be covered under MA plans. However, home care providers and insurance companies are interpreting the new […]
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