Basically all of the publicly traded in-home care giants offered internal updates and expectations for the coming year this week during a series of investor presentations. In addition to company-specific plans, the group discussed key policy developments and important macro-level trends such as more high-acuity patients coming to the home health setting. Home Health Care […]
ModivCare
ModivCare Inc. (Nasdaq: MODV) – a technology-enabled, home-focused health care services company – continues to execute on its multifaceted strategy. In recent months, it has bolstered its personal care, remote patient monitoring (RPM), non-emergency medical transportation (NEMT) and meal delivery capabilities. Its ultimate goal is to be the premier company addressing social determinants of health […]
Non-medical home care was on the rise prior to 2020, as Medicare Advantage plans and health systems began investing more heavily around social determinants of health and activities of daily living. The COVID-19 pandemic, however, has arguably made home care the hottest corner of the senior care world. There are dozens of home care companies […]
In the past year, ModivCare Inc. (Nasdaq: MODV) has hit the ground running in the home-based care space. With recent acquisitions, the company is further leaning into its goal of transforming from a transportation logistics company to a provider of holistic supportive care solutions designed to address social determinants of health. Daniel Greenleaf, the president […]
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 […]
ModivCare Inc. (NYSE: MODV), the non-emergency medical transportation (NEMT) company that’s quickly becoming a major player in the home-based care space as well, announced Monday plans to buy CareFinders Total Care for $340 million. Once the deal is finalized, ModivCare will initially combine the CareFinders business with its existing personal care capabilities from Simplura Health […]
Last September, ModivCare Inc. (NYSE: MODV) acquired the large personal care services provider Simplura Health Group for $575 million. Less than nine months later, ModivCare President and CEO Daniel Greenleaf shared a vision for growing his company to a $1 billion home-based care player with a true national footprint. ModivCare has now taken a giant […]
ModivCare Inc. (Nasdaq: MODV), previously known as The Providence Service Corporation, wants to claim the vast but highly fragmented U.S. supportive care space. To do so, it’s in the process of becoming a one-stop shop for its payer partners, with home-based care at the core of its evolving business model, President and CEO Daniel Greenleaf […]
Ever since ModivCare Inc. (Nasdaq: MODV) entered the personal care space with a major acquisition last year, it has been working to solidify its place in the larger social determinants of health movement. ModivCare completed its personal care-focused acquisition of Simplura last November. The acquisition was an all-cash transaction that placed an enterprise value of […]
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