ModivCare expands into remote patient monitoring ModivCare Inc. (Nasdaq: MODV), a diversified health care services company with a large personal care business, has signed an agreement to acquire VRI Intermediate Holdings LLC, a provider of remote patient monitoring solutions. Under terms of the agreement, the Denver-based ModivCare will acquire 100% of VRI for a purchase […]
LHC Group
Home-based care leaders are encouraged by the Choose Home Care Act of 2021’s introduction into the U.S. Senate — and what it could mean for the home health industry if it’s ultimately enacted. Brent Korte, Keith Myers and Susan Ponder-Stansel are among them. The trio spoke about the recently introduced legislation Monday at the National […]
The home health industry reached a major legislative milestone on Thursday, with U.S. Sens. Debbie Stabenow (D-Mich.) and Todd Young (R-Ind.) teaming up to introduce a new bill to support in-home care alternatives to skilled nursing facilities (SNFs). Endorsed by the AARP and supported by a long list of home-based care advocates, the Choose Home […]
If you dig into the home health market, you’ll find that a lot of providers look very much alike. Overall, the home health market is made up of several thousand different players, from smaller mom-and-pop shops led by mission-driven nurses to multi-million-dollar behemoths led by savvy health care veterans. Yet for the most part, many […]
LHC Group Inc. (Nasdaq: LHCG) and SCP Health on Wednesday announced a new strategic partnership aimed at providing higher-acuity care in the home. By joining forces, LHC Group and SCP Health — two very familiar companies with deep Louisiana roots — hope to build the framework for a range of plug-and-play home-based care solutions that […]
HCA Healthcare Inc. (NYSE:HCA) has completed its purchase of a majority stake in the home health and hospice business of Brookdale Senior Living Inc. (NYSE: BKD). Originally announced in February, the deal instantly turns HCA into one of the largest home health and hospice players in the country. “We view partnerships as foundational to our […]
In-home care powerhouse LHC Group Inc. (Nasdaq: LHCG) has reached an agreement to acquire Heart of Hospice, an end-of-life care provider with locations in five states. Financial terms of the deal were not disclosed. The transaction announcement comes a week after LHC Group unveiled similar plans to buy Idaho-based Heart ‘n Home Hospice for an […]
DispatchHealth partners with two new health systems The in-home medical care provider DispatchHealth on Tuesday announced partnerships with Eastern Connecticut Health Network (ECHN) and Waterbury Health. The partnerships revolve around bringing patients same-day, at-home medical care. Denver-based DispatchHealth partners with health systems and payers to offer an array of services within the home. The company’s […]
Given a choice, the vast majority of U.S. adults would still prefer to receive long-term care in their own homes instead of moving into a nursing facility or senior living community, according to a new study from The AP-NORC Center for Public Affairs Research. But while nearly everyone wants to age in place, few actually […]
LHC Group announces JV expansion LHC Group Inc. (Nasdaq: LHCG) as well as partners Texas Health Resources and Methodist Health System are expanding their joint venture in Texas. The three health care organizations announced on Thursday that they’re purchasing and sharing ownership of Regent Home Health, a provider that currently serves patients and families in […]
Subscribe
Receive industry updates and breaking news from HHCN