ProMedica Home Health Care, Banner Health Home Care Share Best Practices for Virtual Visits

The COVID-19 emergency has triggered a rise in the use of telehealth strategies to deliver care, especially virtual visits. In fee-for-service Medicare alone, the number of virtual visits delivered each week in the U.S. skyrocketed from 14,000 pre-coronavirus to more than 1.7 million during the pandemic’s peak, according to Department of Health and Human Services […]

ProMedica to Blur Acute, Post-Acute Lines with ManorCare Deal

The acquisition of HCR ManorCare, the nation’s second-largest skilled nursing provider, by nonprofit health system ProMedica falls in line with a growing trend of payors and providers building out their care continuum, with one goal being to treat patients more frequently in lower-cost care settings like home health care. On late Wednesday night, ProMedica announced […]

Health System ProMedica to Acquire ManorCare Operations for $1.35 Billion

Nonprofit health system ProMedica is planning to acquire the operations of HCR ManorCare, including the company’s large home health arm. At the same time, Welltower Inc. (NYSE: WELL)—one of the largest U.S. health care real estate investment trusts (REITs)—has reached an agreement to acquire ManorCare landlord QCP in a $1.95 billion all-cash deal. Going forward, […]