Rising costs, the return of Medicare sequestration, labor shortages and higher patient acuity levels have all contributed to health systems struggling financially over the past 18 months. Since the start of the year, at least half a dozen hospitals have either closed or announced plans to close. To stay afloat, many others have opted to […]
TrinityHealth officially acquires MercyOne TrinityHealth, a faith-based nonprofit health system, has completed its acquisition of MercyOne Health. The Michigan-based health system agreed to purchase MercyOne in April from CommonSpirit Health, a joint operating agreement between Trinity Health and Catholic Health Initiatives. “With MercyOne now fully part of Trinity Health, we are a stronger and more […]
The public comment window for the home health proposed payment rule closed on Tuesday. Overall, industry stakeholders had submitted 691 comments to the U.S. Centers for Medicare & Medicaid Services (CMS) as of Tuesday morning. From the start, home health stakeholders took issue with CMS’ methodology for determining whether the Patient-Driven Groupings Model (PDGM) led […]
Excelin Health expands California footprint Excelin Health — a home health and hospice platform — has acquired On My Care. The Fremont, California-based On My Care is an agency that offers skilled nursing, physical, occupational, and speech therapy, as well as social worker and home aide services. The deal further expands Excelin’s footprint in California, […]
Trinity Health at Home – one of the largest home health providers in the country – plans to expand its private-duty footprint and be more aggressive in a “hyper-competitive” acquisition marketplace this year. Private-duty home care is not something that the Livonia, Michigan-based Trinity Health at Home currently offers at most of its ministries or […]
The U.S. Centers for Medicare and Medicaid Services’ (CMS) proposed home health payment rule came out in late June. The public comment period closes Friday, which means providers are running out of time to voice their concerns. Overall, providers seem to be generally happy about the proposed rule, which includes a 1.7% — or $310 […]
It has been over a year since the COVID-19 pandemic began. The prolonged crisis has had a substantial impact on the U.S. health care labor pool, including the home health workforce, though to a slightly lesser extent. In February 2020, the nation’s health care employment peaked at nearly 16.5 million jobs, according to nonprofit research […]
Kindred at Home remained at the top of the home health care mountain in 2020, checking in as the largest provider in the country, according to the latest annual ranking from LexisNexis Risk Solutions. Kindred specifically captured nearly 6% of the national market share last year. Kindred at Home is part of Humana Inc. (NYSE: […]
Similar to most companies this time of year, home-based care organizations are going through their budgeting and planning processes for the next 12 months. Budgets are thoughtful, strategic financial frameworks that are decided upon annually, with an eye toward the future. But this time around, providers are making spending plans with the insights gained from […]
The 38th episode of our podcast, Disrupt, is now available! Trinity Health at Home currently ranks as one of the largest home health providers in the country. It’ll be even bigger next year, thanks to an ongoing consolidation strategy to combine its national and regional locations. Home health veteran Mark McPherson leads Trinity Health at […]
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