The merger of LHC Group (Nasdaq: LHCG) and Almost Family (Nasdaq: AFAM) will create the second-largest home health provider in the nation. But the new, larger LHC Group will not only be bigger but “better, faster, stronger,” executives said. The merger, which was announced on Nov. 16, has an implied transaction value of $2.4 billion, […]
Despite regulatory and operational challenges within the home health and hospice industries, competition remains strong, as evidenced in Chicago-based research firm LexisNexis’ 2017 Top 100 Home Health and Hospice Agencies Rankings. The 2017 rankings were compiled by LexisNexis Risk Solutions utilizing 2016 medical claims and patient volume data from the company’s proprietary “MarketView” claims database, […]
Two home health care heavyweights have announced they plan to join forces to create the second largest home health care provider in the nation. Louisville, Kentucky-based Almost Family, Inc. (Nasdaq: AFAM) and Lafayette, Louisiana-based LHC Group, Inc. (Nasdaq: LHCG) on Thursday revealed that they have agreed to combine in an all-stock merger of equals transaction, pursuant […]
Home health stocks dipped in October as the industry braced for the then-forthcoming home health groupings model (HHGM) decision, according to the Home Health Index November update from M&A advisory firm Stoneridge Partners. The decision ultimately fell in favor of the home health industry. The Centers for Medicare & Medicaid Services (CMS) released its final rule on […]
Though home health investors appear to have regained confidence in the industry last month, uncertainty over the Home Health Groupings Model (HHGM) lies ahead. The market value of the three largest publicly traded home health companies rose 8.66% in September, according to the Home Health Index October update from M&A advisory firm Stoneridge Partners. The share price […]
Recruitment and retention of home health and home care employees is cited by employers among the most difficult operational challenges in providing care today. Yet some companies—small and large—are having success in recruiting and retaining based on some creative approaches to culture-building, employee perks and by understanding that retaining existing employees is more than half […]
There is still plenty of alarm over the Home Health Groupings Model (HHGM) among providers, but investors appear to have calmed a bit since the Medicare payment overhaul was first proposed in July. The market value of the three largest publicly traded home health companies increased 7.42% in August, after falling 19.57% a month earlier, […]
Many leaders across the home health care industry agree that staffing is among the greatest challenges they’ll face over the next decade. To attract and retain top talent and help surmount a growing workforce shortage, some large home health and home care companies are “testing the heart” of applicants, drawing inspiration from a well-known e-commerce brand, […]
Ortiz Appointed Community Liaison for Salus Homecare Orange County Irvine, California-based Salus Homecare has added Missie Ortiz to its team as its community liaison, the home care and home health agency announced. Ortiz brings more than 25 years of health care experience to the team, working in various roles, including care management, home health aide, skilled nursing […]
Despite experiencing a “hot streak” in the first half of the year, home health care companies saw sharp dives in share values in July, due in large part to investors’ reactions to the Centers for Medicare & Medicaid Services’ (CMS) proposed home health groupings model (HHGM). Three of the largest publicly traded home health care […]
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