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 […]
ModivCare
On Thursday, the U.S. Centers for Medicare & Medicaid Services (CMS) proposed a new rule that would make major changes to the way that home care workers are compensated under Medicaid. While home-based care stakeholders recognize that the proposal could lead to some improvements, many are critical of what they view as a one-size-fits-all approach […]
Modivcare Inc. (Nasdaq: MODV) has announced a new president of its rapidly-growing home division in Anne Bailey. Bailey is new to the organization. As president of the home division, she will take charge of a business segment Modivcare is banking on for growth. The home division specifically includes personal care, remote patient monitoring and meal […]
Modivcare Inc. (Nasdaq: MODV) is committed to investing more time and resources into value-based care models, and eventually plans to move into more shared-risk arrangements across its entire platform. Modivcare CEO L. Heath Sampson explained the company’s growth goals in a fourth-quarter earnings call Thursday. “To scale, we will strive for operational excellence, integrate as […]
Modivcare Inc. (Nasdaq: MODV) believes it’s in a rare position to capitalize on growth opportunities moving forward. There are many reasons why its president and CEO, L. Heath Sampson, believes that. One of those reasons is the social determinants of health work that the company is doing. “We have 36 million members across the nation […]
Modivcare Inc. (Nasdaq: MODV) leaders are forecasting pretty significant growth for the company in the near-term future. Specifically, they expect 7% to 10% growth across the entire company. Just one month after laying out his 90 day goals for Modivcare during the company’s Q3 earnings call, President and CEO Heath Sampson shared his target growth […]
Choice Health at Home appoints chief financial officer Choice Health at Home has named Jeffrey Kreger the company’s CFO. The Tyler, Texas-based Choice is home health, hospice and rehabilitation services provider. The company operates in 60 total locations across Texas, Louisiana and Oklahoma. Prior to joining the company as CFO, Kreger was executive vice president […]
It’s official: Heath Sampson is the president and CEO of Modivcare Inc. (Nasdaq: MODV). Sampson, who had held the interim role, let stakeholders and other interested parties know the four things on his plate for the next 90 days during Modivcare’s third-quarter earnings call Thursday. “First, solidifying a high-performing executive leadership team, which includes finding […]
Modivcare Inc. (Nasdaq: MODV) announced it has made a familiar face the official leader of the company Tuesday. L. Heath Sampson has been named the company’s president and CEO after holding the position of CEO on an interim basis since August. “As we continue to align our people, processes and technology as one Modivcare, I […]
In lieu of competing, home-based care providers may need to work together in order to keep up with the growing demand for services. Companies can do that by finding unique ways to deploy caregivers and leverage certain technologies to increase productivity. “We were challenged before the pandemic and we’ve certainly been challenged through the pandemic,” […]
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