Home Health Industry Likely Headed for M&A Rollercoaster

If there’s one thing home health care providers can agree on when it comes to the Patient-Driven Groupings Model (PDGM), it’s that the new model is shrouded in uncertainty. Despite attempting to predict expected reimbursement changes and adapting operations accordingly, agencies won’t know exactly how PDGM will affect them until well after its Jan. 1 […]

Amedisys Execs Share Action Plan for ‘Worst Form’ of PDGM

Despite being one of the largest and most powerful home health companies in the game, Amedisys Inc. (Nasdaq: AMED) isn’t immune to the uncertainty that comes with the looming Patient-Driven Groupings Model (PDGM). The Baton Rouge, Louisiana-based provider has a plan of action, even if the model goes into effect on Jan. 1 as is […]

Encompass Health to Acquire Alacare Home Health & Hospice for $217.5 Million

Encompass Health Corporation (NYSE: EHC) announced Monday that it has reached a definitive agreement to acquire “substantially all of the assets” of Birmingham, Alabama-based Alacare Home Health & Hospice. Under terms of the deal, Encompass Health will pay $217.5 million for the privately-owned company, SEC filings show. The more than $200 million price tag for […]

New Respite Program Offers Select Families Discounted Caregiver Relief

Despite the physical and emotional demands of caregiving, financial constraints keep many people from seeking outside help for their loved ones. But a program out of California aims to offer certain family caregivers relief. San Diego County has allocated $1 million toward respite care for middle-class family caregivers who look after relatives with Alzheimer’s disease […]

Brookdale Home Health Underperforms, Hospice a Bright Spot

Brookdale Senior Living (NYSE: BKD), the nation’s largest provider of private-pay senior housing, is in the midst of an operational turnaround—and the performance of its home health division did not help much in the first quarter of 2018. However, the Brentwood, Tennessee-based organization’s hospice business is growing, executives said during the company’s first-quarter 2018 earnings call Tuesday. […]

LHC Group Not Backing Off M&A After Mega-Merger

Fresh off its mega-merger with Almost Family, home health care giant LHC Group (Nasdaq: LHCG) is still eyeing big mergers and acquisitions opportunities in 2018. “We might be tempted to sit back and rest on our laurels, but that’s not in our DNA,” CEO Keith Myers said Thursday during the company’s first quarter earnings call. […]

Encompass Executives Predict Frothy Acquisition Market in 2018

After a year of turbulent home health regulatory pressures, Encompass Health (NYSE: EHC) is prepared to make a play for acquisitions in the home health and hospice sectors. However, Encompass isn’t the only company eyeing new opportunities in 2018, and the added competition could heat up the market, executives stated during the company’s end-of-year earnings […]

Ensign CEO Open to New Structure for Home Health Segment

The Ensign Group (Nasdaq: ENSG) had strong financial results in the fourth quarter of 2017, posting its highest adjusted earnings per share in the company’s history, at $0.40. The Mission Viejo, California-based company’s home health and hospice segment contributed with a 27.5% year-over-year increase in revenue. Ensign might consider spinning off home health into a […]

Home Health Stocks Rebound After HHGM Takes Backseat

In the wake of the final 2018 payment rule for home health being released, public companies have seen their stocks skyrocket. The Centers for Medicare & Medicaid Services (CMS) released its prospective payment system (PPS) 2018 update final rule on Wednesday without the inclusion of the home health groupings model (HHGM)—a proposed model that would […]

LHC Group’s Home Health Volume Grows Leaps and Bounds

Coming off an acquisitive year, LHC Group (Nasdaq: LHCG) is reaping the rewards of its strategic partnerships with health systems and hospitals. Lafayette, Louisiana-based LHC Group ended 2016 on a high note, just beating analysts expectations in fourth quarter earnings. The nation’s third-largest home health care provider reported a net service revenue increase of 7.5% […]