[Sponsored] 4 Essential Approaches for Financial Recovery in Home Health

While the launch of the Patient-Driven Groupings Model (PDGM) mixed with the COVID-19 pandemic potentially spells double trouble for home health agencies in 2020, financial decision-making and outcomes can improve with a clear path to the right data. With mid-year results soon available and stimulus fund reporting well underway, home health agencies are looking for […]

How Home Health Agencies Can Demand Higher Valuations in M&A Deals

When it comes to acquiring home health care agencies, buyers can afford to be picky. There are more than 10,000 home health providers nationwide, but typically, only a few dozen deals close per year. Between 2011 and 2014, the market saw an annual average of 80 transactions, according to data from the investment banking company […]

COVID-19, PDGM to Drive Home Health Deal Activity Up While Pushing Valuations Down

The COVID-19 emergency has slowed mergers-and-acquisitions activity in the home-based care space, largely due to travel restrictions, general sector uncertainty and the shifting priorities of top leadership. However, interest in home-based care deals remains robust and valuations remain high. In fact, M&A experts expect deal activity to pick up dramatically come fall 2020 and beyond. […]

Voices: Eric Scharber, Principal, Simione Healthcare Consultants

This article is sponsored by Simione Healthcare Consultants. In this Voices interview, Home Health Care News sits down with Principal Eric Scharber, who leads Exact Recruiting, a Simione Talent Solution, to learn how COVID-19 re-routed staffing approaches devised around the Patient-Driven Groupings Model (PDGM). We also discussed the four most important practices for retention — […]

CMS Decision to Cease Advance Payments May Prove Shortsighted

The U.S. Centers for Medicare & Medicaid Services (CMS) recently announced plans to suspend its advance payment program and reevaluate its accelerated payment program. It’s a decision that some home health industry insiders feel is too premature. CMS typically offers expedited Medicare payments to help providers during times of natural disasters. The agency initially expanded […]

Accelerated Payments from CMS Can Help Medicare Providers Stay Afloat, But Come with Potential Dangers

Advanced payments from the U.S. Centers for Medicare & Medicaid Services (CMS) can help home health agencies navigate cash flow challenges associated with the COVID-19 virus. But providers will need to approach accelerated payments with caution, armed with accurate, objective assessments of their internal financial situations. During times of natural disasters, CMS normally offers expedited […]

[Sponsored] 3 Ways Talent Experts Are Impacting Home Health Care in 2020

Ask home health operators for their top challenge in 2020, and again and again, the answer comes back: staffing. In the 2019 State of Home Health Care Staffing Survey from Home Health Care News, 66% of respondents said that staffing challenges are “very impactful” on their organizations’ ability to grow business.  But dig a little […]

False Alarm: Why Small Home Health Agencies Should Tune Out PDGM ‘Carnage’ Claims

Home health industry insiders throughout 2019 have frequently speculated on the “carnage” likely to take place next year when the Patient-Driven Groupings Model (PDGM) pushes smaller, ill-equipped agencies out of business. Generally, the narrative goes something like this: As the biggest overhaul to home health reimbursement in two decades, PDGM will significantly disrupt agency cash […]

[eBook] Inside the Clinical Manager Role in Home Health and Hospice

As regulations evolve across the in-home care market, agency operations are adapting accordingly. More than ever before, the Clinical Manager plays a critical role in this process. The Clinical Manager is responsible for ensuring quality-assured, cost-effective and compliant care, as well as leading the organization forward in terms of leadership, improvement and opportunity.  This eBook […]

Humana Names Incoming Chief Medical Officer, Graceworks Hires New CEO

Humana Hires New CMO Humana (NYSE: HUM) has appointed a new chief medical officer. Dr. William Shrank will take the reins April 1, as current CMO Dr. Roy Beveridge transitions to retirement later in the year. Beveridge will stay on for several months after Shrank steps in to ensure a smooth transition, according to Humana. […]