Home health providers likely breathed a sigh of relief when the final payment rule for 2022 pushed the start date for the nationwide expansion of the Home Health Value-Based Purchasing (HHVBP) Model to 2023. Even so, many providers have begun actively preparing for the model’s implementation. Others, however, are taking a more passive approach. “The […]
A trip to the Home Care 100 conference in Phoenix, Arizona, this past week was refreshing. It was an escape from the frigid Chicago temperatures. It offered the opportunity to talk to many of the faces that make up the home-based care industry, in person, for the first time in a long time. But most […]
When Brookdale Senior Living Inc. (NYSE: BKD) sold the majority of its home health assets to HCA Healthcare (NYSE: HCA) last year, health care insiders were split on whether it made more sense for one side, the other, both or neither. A year after the definitive agreement was announced, however, it seems to be working […]
HCA Healthcare Inc. (NYSE: HCA) executives provided a brief update on the company’s home health and hospice operations Thursday. It was the first time the Nashville, Tennessee-based hospital giant shared additional information about its post-acute care plans since finalizing its $400 million deal with Brookdale Senior Living Inc. (NYSE: BKD) in July. “We’re in the […]
The ongoing public health emergency is sure to bring more staffing turmoil this year, along with additional regulatory and policy updates. The year ahead is also likely to bring more leadership turnover at the very top of home health organizations. Beyond the pandemic, private equity dollars will keep flowing into home-based care, leading to an […]
LHC Group Inc. (Nasdaq: LHCG) executives have spent the past several months preparing for 2022, which President and COO Josh Proffitt describes as a year of “great opportunity.” “There are a lot of positive forces shaping home health care,” the industry veteran recently told Home Health Care News. For the industry as a whole, that […]
LHC Group Inc. (Nasdaq: LHCG) is coming off a record year in terms of new acquisitions and acquired revenue. The Lafayette, Louisiana-based company will now look to complement those outside additions through strong organic growth in 2022. Considering today’s supportive policy landscape, stable reimbursement environment and the skyrocketing demand for in-home care from referral partners, […]
The home health market is made up of about 9,900 agencies, with businesses ranging in size, service mix and structure. The publicly traded home health companies, in particular, offer a snapshot of the industry in the present – and often a sneak peek at what’s to come. While the names of the publicly traded home […]
Many home-based care workers saw pay bumps this year due to labor shortages and skyrocketing demand. In part, providers increased compensation to strengthen internal retention and minimize the use of costly contract labor. Bruce Greenstein, chief strategy and innovation officer at LHC Group Inc. (Nasdaq: LHCG), believes hiked wages are simply the market working the […]
Home health providers have felt the full force of the U.S. nursing shortage this year. But it’s important to remember that some of those pressures are short term in nature and tied to the public health emergency, LHC Group Inc. (Nasdaq: LHCG) President and COO Joshua Proffitt said Monday. That’s especially true in regard to […]
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