Humana Inc. (NYSE: HUM) is seeing Medicare Advantage (MA) growth like never before, a point that contributed to its strong second quarter performance. The home-focused health insurance giant only expects membership to continue to boom in the months to come, executives predicted on a Q2 earnings call Wednesday. In Q2, Humana’s group MA membership was […]
Papa
Arosa+LivHome announces fifth acquisition of 2019 Arosa+LivHome has agreed to acquire The Cameron Group, an Orlando, Florida-based care management and home care agency. On top of that, the Bain Capital Double Impact-backed provider announced the acquisition of Senior Care Management Associates (SCMA) and Companion & Home Care, both located in North Carolina. Financial terms of […]
Over the years, there have been a number of home care-adjacent startups that have entered the market and attempted to provide services that could potentially rival those offered by traditional providers. One up-and-coming company is now setting its sights on helping older adults age in place by becoming a TaskRabbit for seniors. The company is […]
Technology aimed at improving access to health care, cognition and personal mobility will be key to older Americans’ ability to age in place and the federal government’s capacity to care for them, a new White House report argues. Tech dedicated to assisting with activities of daily living, transportation, and communication and social connectivity will also […]
2018 was a banner year for the Medicare-certified home health care industry. Big providers got even larger through creative mergers and acquisitions. Admissions and utilization numbers held strong. New telehealth opportunities started to emerge. And, in general, revenues remained high. The upcoming year brings much uncertainty, however, with the main culprit being the Patient-Driven Groupings […]
“Grandkids on demand” startup Papa has struck a partnership with health insurance behemoth Humana Inc. (NYSE: HUM). A part-owner of the nation’s largest home health provider, Humana is pursuing a multi-faceted strategy to support more home-based services for its beneficiaries, including seniors on Medicare Advantage plans. As part of the new partnership, Louisville, Kentucky-based Humana […]
Care providers are closely watching the Medicare Advantage (MA) market to see how insurers carve in home care services under the expanded supplemental benefits that are coming in 2019. Traditional providers aren’t the only groups paying attention, though, as companies operating on the fringes of home-based care are also eyeing MA opportunities. The latest: Papa, […]
Aging in place can create isolation and loneliness for seniors, but startups such as Papa and Silvernest are working in an effort to combat these complex problems. They are eager to interface with home health providers in more meaningful ways, and are planning to do so in the near future. Silvernest is a home sharing […]
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