LHC Group, Home Instead, LeadingAge Share Top Tech Strategies

Earlier this month, a White House task force released a sprawling report encouraging aging services stakeholders to adopt technology designed to help older adults with activities of daily living, social connectedness and a handful of other key needs. While the report stands as a call to action, home-based care providers and advocates are quick to […]

LHC Group CEO: MedPAC ‘Off on Some Island’

In its latest report to Congress, the Medicare Payment Advisory Commission (MedPAC) recommended cutting the home health reimbursement rate by 5% in 2020 while continuing its push for a unified, site-neutral payment system for all post-acute care providers. Those recommendations are short-sighted and fail to recognize the value that home health care providers have created […]

Genesis CEO George Hager: SNF-to-Home Diversion Wave Is Over

Throughout the past decade, health care policymakers have attempted to curb spending by shifting care into the home and away from hospitals, skilled nursing facilities (SNFs) and other higher-acuity settings. Coupled with demographic tailwinds tied to a baby boomer generation that is rapidly aging, those efforts have contributed to the growing U.S. home health care […]

Home Health Stocks See Up-and-Down February

Home health stocks saw mixed success in February, according to the latest Home Health Index (HHI) from mergers-and-acquisitions advisory firm Stoneridge Partners. The up-and-down February follows a largely positive January. Updated monthly, the HHI by Stoneridge Partners tracks the market values for Amedisys Inc. (Nasdaq: AMED) and LHC Group Inc. (Nasdaq: LHCG). Overall, the HHI […]

Workforce, Financial Challenges Prompt Hospitals to Outsource Home Health Care

As more types of care move into residential settings, an increasing number of hospitals and health systems are turning to outside home health agencies to either replace, reinforce or manage their own operations. Workforce challenges and financial struggles are often the catalysts behind their decisions to outsource home health offerings, M&A experts say. “It’s a […]

LHC Group Plans Backup Headquarters in ‘America’s Aging Capital’

Lafayette, Louisiana-based LHC Group Inc. (Nasdaq: LHCG) — one of the largest home health, hospice and personal care services companies in the country — is planning to soon open a backup headquarters in Louisville, Kentucky. In addition to being the former headquarter of Almost Family, Louisville, according to some, also stands as “America’s Aging Capital” […]

LHC Group Teams Up with Geisinger for Second Joint Venture of 2019

LHC Group Inc. (Nasdaq: LHCG) announced Tuesday it has entered into a definitive joint venture agreement with Geisinger Home Health and Hospice, plus AtlantiCare Home Health and Hospice. The announcement marks the second new joint venture for the Lafayette, Louisiana-based LHC Group in the early going of 2019. Under the new JV agreement, LHC Group […]

LHC Group CEO Urges Congress to Support PDGM-Altering Bill

LHC Group (Nasdaq: LHCG) Chairman and CEO Keith Myers is again calling on Congress to pass legislation refining the assumption-based payment adjustments currently outlined under the Patient-Driven Groupings Model (PDGM). The co-founder of the Lafayette, Louisiana-based company recently penned an article in The Hill emploring legislators to pass S. 433, a new bipartisan bill that […]

Senate Lawmakers Introduce New Legislation Urging Evidence-Based PDGM Changes

Newly introduced bipartisan legislation in the U.S. Senate is targeting the widely opposed behavioral adjustments set to hit home health agencies next year under the Patient-Driven Groupings Model (PDGM). If passed, the legislation would require the Centers for Medicare & Medicaid Services (CMS) to base Medicare reimbursement rates on observed evidence and data, instead of […]