With 16 acquisitions since 2020, New Day is shifting focus from aggressive M&A activity toward tighter operational discipline. That’s the strategy of Kathy Poland, who stepped in as interim CEO following the death of New Day’s G. Scott Herman in February. She became permanent CEO on June 18, after serving as the firm’s chief operating […]
New Day Healthcare announced on Thursday that Kathy Poland, who has been serving as interim CEO, will lead the company as CEO. Poland took the interim CEO position in March, following the death of its founder and previous CEO G. Scott Herman. “Scott built New Day on a foundation of honor, kindness, and an unwavering […]
Home-based care providers are seeking to balance breadth, market penetration and risk when growing their businesses, whether via M&A or de novo. If operators grow too large without proper strategies and cultural alignment in place, they risk harming their bottom lines, degrading operational integrity and even causing the closure of the acquired businesses. At New […]
Following the death of its CEO, New Day Healthcare has named its co-founder and chief operating officer, Kathy Poland, its interim CEO. Poland brings several decades of home-based care leadership experience to the role, according to a statement from McKinney, Texas-headquartered New Day. “Scott built New Day with a clear purpose—to provide exceptional care and […]
G. Scott Herman, founder and CEO of New Day Healthcare and a leading proponent of innovation in at-home care, has died at the age of 61 after a battle with cancer, the company announced. Herman was a leader in the at-home care space through a career that included roles at a variety of organizations. Prior […]
The home health care industry may still be fighting some familiar battles, including recruitment, retention and reimbursement, but executives are also preparing for a new wave of change expected to accelerate in 2026. As the home has increasingly become the center of the health care ecosystem, innovation has sped up, pushing providers to adopt technologies […]
After staring down the barrel of the largest cut to the Medicare home health payment rate ever proposed, home health providers are reacting to the final rule, announced on Friday. While the final rule included a 1.3% cut to aggregate Medicare payments to home health agencies, far short of the proposed 6.4% cut, home health […]
New Day Healthcare is an active acquirer of home health, personal care and hospice organizations – but the company’s top executive is pumping the breaks on more home health deals. The proposed Medicare home health rate cut will impact “everything” for the multi-service line provider, CEO G. Scott Herman told Home Health Care News’ sister […]
Strong payer strategies, innovative clinical models and a bullish approach to M&A are just some of the qualities that have distinguished six home health companies from the rest of the industry. Often operating as one-stop shops, these organizations are leveraging data, experimenting with unique payer mixes and implementing technology to enhance care delivery and operational […]
Pennant Group expands California presence with the acquisition of GrandCare Health Services The Pennant Group Inc. (Nasdaq: PNTG) has acquired GrandCare Health Services in Southern California. Moving forward, the agency will be known as Grand Care Home Health. It will serve Los Angeles, Orange, Riverside and San Diego counties, thereby expanding Pennant’s service area in […]
