Despite $5.32B Decrease, CMS Likely to Keep Foot on Improper Payments Gas Pedal

The Medicare fee-for-service improper payment rate has fallen once again, thanks largely to the cleaner paperwork and ongoing compliance efforts of U.S. home health providers. Despite clear and steady progress in bringing improper payment rates down, though, the Centers for Medicare & Medicaid Services (CMS) is unlikely to relax its oversight anytime soon, industry leaders […]

[Webinar] Rethinking Wound Care & Pressure Ulcer Prevention

Time: 1:00 p.m. – 2:00 p.m. CSTDate: Feb. 7Register Now Join us for this upcoming webinar, sponsored by Swift Medical, that will cover adopting and delivering new wound care technologies. With pressure ulcer (PU) incidental rates at approximately 6.3%, it’s no wonder why home care providers are looking for answers.Hear from Jennifer Maxwell, president at […]

M&A and Financing Newsflash: Addus Nets $59M After Public Offering, Care Advantage Acquires Two Home Care Providers

Addus Closes Public Offering of Common Stock Frisco, Texas-based Addus HomeCare Corporation (Nasdaq: ADUS) has closed an underwritten public offering of 2,100,000 shares of its common stock at a public offering price of $59.00 per share. Addus is a provider of home care, home health and hospices services operating in 157 locations across 25 states. […]

M&A and Finance News: Amedisys Expands Borrowing Capacity

Amedisys Announces New Senior Secured Credit Facility  Amedisys, Inc. (Nasdaq: AMED), one of the largest independent home health, hospice care and personal care companies in the country, has entered into a new secured revolving credit facility. The new credit facility more than doubles the Baton Rouge, Louisiana-based Amedisys’ borrowing capacity, increasing it from $250 million […]