Voices: Tom Lillis, Associate Partner, Stoneridge Partners

This article is sponsored by Stoneridge Partners. In this Voices interview, Home Health Care News sits down with Tom Lillis, associate partner at Stoneridge Partners and leader of the new Stoneridge Strategic Consulting Group. Tom tells us what impact he expects the Patient-Driven Groupings Model (PDGM) to have on the industry in 2020 and why […]

As Advisory Firms Prepare for 2020 Boom, Stoneridge Launches New Consulting Group

In order to help health care organizations navigate post-acute care industry headwinds in 2020, M&A advisory firm Stoneridge Partners has launched the Stoneridge Strategic Consulting Group. The newly launched department will fall under the leadership of industry thought-leader Tom Lillis. The Stoneridge Strategic Consulting Group will provide consultation for health care organizations seeking to combat […]

The Top 10 Largest Home Health Providers in 2019

Regulatory changes and renewed interest from private equity firms has had a major impact on the home health market over the past few years. That impact is easily observed just by looking at the list of largest home health providers in 2019. In order, Kindred at Home, Amedisys Inc. (Nasdaq: AMED) and LHC Group Inc. […]

With RAP Phaseout Finalized, Writing Is on the Wall for Small Home Health Agencies

When the Centers for Medicare & Medicaid Services (CMS) released its final payment rule last week, the agency all but guaranteed a wave of home health industry consolidation in 2020. That guarantee comes despite CMS’s move to nearly halve the 8.01% behavioral adjustment included in the Patient-Driven Groupings Model (PDGM). But in addition to reducing […]

PDGM Changing Home Health M&A Landscape

With a number of upcoming regulatory changes sure to shake up the home health industry — including the Patient-Driven Groupings Model (PDGM), the Review Choice Demonstration (RCD) and a phaseout of Requests for Anticipated Payments (RAPs) — a provider’s future isn’t exactly clear. As a result, questions surrounding how and when to best approach mergers-and-acquisitions […]

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 […]

In Dynamic Industry, At-Home Care Providers See Scale as a Leg Up

In the dynamic home health, hospice and personal care industries, scale is sometimes a serious leg up, as well as a driving force behind record-setting M&A activity. That’s especially true when it comes to keeping up with potential Medicare Advantage (MA) opportunities, collecting actionable data and experimenting with new business models that solve nationwide problems, […]

Home Health M&A Activity Expected to Climb Following PDGM, Bankruptcies

Cash flow interruptions and operational changes caused by the Patient-Driven Groupings Model (PDGM) may lead to a spike in the number of home health providers in the U.S. filing for bankruptcy, some experts predict. If the forecast is accurate, that may also mean more initial M&A action as well. “I agree with the premise that […]

Home Health Stocks See Up-and-Down February

Home health stocks saw mixed success in February, according to the latest Home Health Index (HHI) from mergers-and-acquisitions advisory firm Stoneridge Partners. The up-and-down February follows a largely positive January. Updated monthly, the HHI by Stoneridge Partners tracks the market values for Amedisys Inc. (Nasdaq: AMED) and LHC Group Inc. (Nasdaq: LHCG). Overall, the HHI […]

Amedisys, LHC Group Stock Up More Than 11% in January

For the most part, home health stocks performed well in January, with Amedisys Inc. (Nasdaq: AMED) and LHC Group Inc. (Nasdaq: LHCG) both seeing double-digit gains. But while Amedisys and LHC Group saw their stock values climb, Addus HomeCare Corporation (Nasdaq: ADUS) saw its stock dip. That’s according to the latest Home Health Index (HHI) […]