HHCN’s Capital + Strategy Forum is NOT your typical industry conference — it is a catalyst for innovation in the changing home health care space. It brings together the brightest minds to share forward-looking ideas, inspirations and innovations in every aspect of home health, hospice, private duty and more. This is a first-class opportunity to network with thought leaders […]
While home health stocks rode M&A momentum and other tailwinds to an overall strong performance throughout much of 2018, the sustained boom period slowed down in September. Amid a broader market dip, that slowdown turned into an abrupt stop last month. Home health stocks fell more than 11% in October compared to their September standings, […]
Fueled by savvy moves from the United States’ two top independent and publicly traded home-based health care providers, home health stocks had seen strong month-after-month growth in 2018. Those hot growth levels now appear to be cooling off. Home health stocks were up just 0.74% in September compared to the previous month, according to the […]
Not much has shaken home health stocks so far in 2018 — not even the proposed Patient-Driven Groupings Model (PDGM) or the potential introduction of an updated pre-claim review initiative. Home health stocks appear to be continuing their upward march, according to the most recent update to Stoneridge Partners’ Home Health Index (HHI), updated monthly. […]
The Centers for Medicare & Medicaid Services (CMS) last month proposed an overhaul to the current prospective payment system for the home health industry with a sweeping new model that experts say would drastically increase billing efforts and force a move away from therapy services. So far, the potential negatives of the Patient-Driven Groupings Model […]
The Centers for Medicare & Medicaid Services (CMS) announced at the end of May it was seeking public input on a new proposal to bring back a slightly different version of pre-claim review, which the home health industry fiercely contested and fought back when first introduced two years ago. Well, it turns out that proposal […]
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. […]
Addus Completes Purchase of Ambercare Frisco, Texas-based Addus HomeCare Corporation (Nasdaq: ADUS) announced Tuesday it has completed its deal to buy Ambercare Corporation, Inc., a personal care, hospice and home health services provider headquartered in Albuquerque, New Mexico. Addus provides home care services to more than 36,000 clients through 142 offices in more than two dozen states. […]
When it comes to mergers and acquisitions, hospice is hot—really hot. In fact, some new buyers entering the market are coming into the space purely because of the tailwinds and strong demographics, even if the operations they purchase aren’t profitable. That’s according to Rich Tinsley, president and CEO of Stoneridge Partners, a health care merger and […]
Home health stocks climbed upward in November amid news that two of the industry’s biggest players are merging, according to the Home Health Index December update from M&A advisory firm Stoneridge Partners. Louisville, Kentucky-based Almost Family, Inc. (Nasdaq: AFAM) and Lafayette, Louisiana-based LHC Group, Inc. (Nasdaq: LHCG), vowed to join forces on Nov. 16. The deal, set to close […]