Modivcare CEO Strikes Optimistic Tone On Personal Care Segment, Final 80-20 Provision

Modivcare Inc. (Nasdaq: MODV) is currently facing financial hurdles, but believes its “wins will outpace the losses” by the end of 2024. Without some contract wins being reflected until later quarters, contract losses are overshadowing gains, according to the company’s leaders. Its personal care segment has been steady thus far at least, growing 5% year […]

The Most Game-Changing Home-Based Care Blockbusters Of The Last Decade

Thanks to impactful, large-scale transactions over the last decade, the collective face of home-based care has changed forever. Traditional providers in both home health care and personal home care have merged. Payers became involved in the home-based care space like never before. Of late, retailers have too. But it’s often easy to forget how the […]

How Home Care Providers Build Out Successful Training Programs

Building a successful and sustainable caregiver training program in personal home care demands meticulous planning and execution. From defining leadership responsibilities to establishing a comprehensive training schedule, every aspect plays a pivotal role in shaping the program’s effectiveness. Strong training programs and ongoing education also go a long way in retaining caregivers in an industry […]

As Contract Losses Hit Modivcare, Its Leaders Look Toward Home Care For Growth

Though Modivcare Inc. (Nasdaq: MODV) achieved some wins last year, the company is still trying to navigate headwinds stemming from contract losses. “The root causes of these contract losses include a few MCO clients not securing their state contracts, a state health department’s decision to transition to a full broker model – favoring an incumbent […]

AccentCare Appoints New Chief Medical Officer; Modivcare Names 2 C-Suite Leaders

AccentCare’s new CMO AccentCare has promoted Dr. Balu Natarajan to the roles of executive vice president and chief medical officer (CMO), effective immediately. “In his almost two decades with our company, Dr. Natarajan has been an invaluable asset to our team, demonstrating exceptional leadership and medical expertise,” AccentCare CEO Laura Tortorella said in a statement. […]

How Modivcare Plans To ‘Outgrow’ The Personal Care Market

Modivcare Inc. (Nasdaq: MODV) leaders believe the company’s access to the home will be what separates it from others in the eyes of payers. “The people that take risk, whether that’s a payer or somebody that the payer has offloaded risk to, those are our customers,” Modivcare CEO L. Heath Sampson said during the company’s […]

Modivcare Brings Former InnovAge Executive On As CFO

Modivcare Inc. (Nasdaq: MODV) has named Barbara Gutierrez as its next CFO. The Denver-based Modivcare offers technology-enabled health care services and provides non-emergency medical transportation (NEMT). The company’s Modivcare Home division includes its personal care, remote patient monitoring and nutritional meal delivery service offerings. Gutierrez is slated to step into her new role on Sept. […]

Modivcare Sees Steady Growth In At-Home Care Segment

Modivcare Inc. (Nasdaq: MODV) continues to see personal care and remote patient monitoring as key tenants to its strategy to unlock value-based care arrangements. “This is evidenced by new contracts,” Modivcare CEO L. Heath Sampson said during the company’s second-quarter earnings call Friday. “This makes us more enthusiastic about the long-term prospects, and we anticipate […]

Mission Healthcare Appoints Next CEO, Home Health President; Right at Home Names New COO

Two executive leaders join Mission Healthcare After the news that Paul VerHoeve would be stepping down as CEO, Mission Healthcare has named Phil Spencer as his replacement. Backed by The Vistria Group, San Diego-based Mission Healthcare is a large, regional provider of home health, hospice and palliative care services in seven states. Before joining Mission […]

Modivcare Continues To Grow Personal Care Segment, Unconcerned With Medicaid Rule Proposal

Despite some concern from industry peers, Modivcare Inc. (Nasdaq: MODV) isn’t sweating the U.S. Centers for Medicare & Medicaid Services’ (CMS) latest proposed rule, which includes a provision that would require at least 80% of Medicaid payments to go toward compensation for personal care workers. There are a couple of reasons for this, according to […]