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 […]
The Braff Group
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 […]
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 […]
As more types of care move into residential settings, an increasing number of hospitals and health systems are turning to outside home health agencies to either replace, reinforce or manage their own operations. Workforce challenges and financial struggles are often the catalysts behind their decisions to outsource home health offerings, M&A experts say. “It’s a […]
The long-standing moratoria on new Medicare home health agencies is no longer in effect anywhere in the U.S. The Centers for Medicare & Medicaid Services (CMS) allowed the temporary ban to expire on Jan. 30, a move that will likely improve patient access to home-based care in related markets, experts say. CMS initially implemented a […]
Home health merger and acquisition activity continued at a healthy clip in the second quarter of 2018, with 21 publicly announced deals. That’s up from 12 acquisitions in Q2 2017, according to newly released data from market intelligence firm Irving Levin & Associates. On a quarterly basis, deal volume dipped slightly; there were 23 publicly […]
The in-home care industry is seeing record-breaking valuations and a historic pace for mergers and acquisitions. Heavy investment from private equity firms is among the dominant drivers of that action, and not just for in-home care, but for the U.S. health care sector more broadly. As private equity becomes increasingly involved in the health care world, […]
Amedisys, Inc. (Nasdaq: AMED) doubled down on its own home health, hospice and personal care business Monday, deploying nearly all of its cash on hand to buy back $178 million worth of stock from global investment firm KKR (NYSE: KKR). The transaction signals leadership’s continued confidence in the Baton Rouge, Louisiana-based company’s growth prospects, but […]
Family Tree In-Home Care Acquires CareTemps Houston-based Genova Health, LLC has added CareTemps, LLC, a home care and care management services company, to its family of companies. Genova Health’s portfolio company is Family Tree In-Home Care, a home care agency with four offices in Houston, Austin, The Woodlands, and Clear Lake, Texas. Family Tree closed […]
From robots to nursing shortages, Home Health Care News covered a range of topics in the private duty sector in 2017. Here are the top private duty stories for the year. And if you haven’t yet, make sure to catch up on our overall top posts for 2017. 1. February 28—HomeHero Closure Casts Shadow Over Home […]
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