In Rapidly Changing Value-Based Care Landscape, Home-Based Care Providers Facing Crunchtime

Home-based care providers avoiding the shift to value-based care are running out of time and excuses. The Centers for Medicare & Medicaid Services (CMS) wants 100% of traditional Medicare beneficiaries and the “vast majority of Medicaid beneficiaries” in accountable care relationships by 2030. Home health providers are already under the Home Health Value-Based Purchasing (HHVBP) […]

How CMS’ Goal To Enroll All Medicare Beneficiaries In ACOs Could Impact Home-Based Care Providers

The U.S. Centers for Medicare & Medicaid Services (CMS) has stated its objective to enroll all of its Medicare beneficiaries in accountable care relationships by 2030. Currently, roughly 13.2 million Medicare fee-for-service beneficiaries are assigned to an ACO. With this in mind, there has been more activity and investment around accountable care organizations (ACOs), including […]

Best Life Brands Appoints New Chief Financial Officer; CVS Health CFO Announces Leave Of Absence

Best Life Brands names CFO Best Life Brands has appointed Kevin Vesely as its new chief financial officer. “We enthusiastically welcome Kevin to the Best Life Brands family to execute our continued success and financial health,” Best Life Brands CEO J.J. Sorrenti said in a press release. “His diverse experience, including private equity success and […]

Walgreens Will Leverage CareCentrix For Hospital-To-Home Transitions In New Partnership

Walgreens Boots Alliance Inc. (Nasdaq: WBA) is continuing to expand its health care services capabilities. The latest investment comes through a partnership with Pearl Health, a provider enablement company that will help accelerate the expansion of value-based care under the Walgreens umbrella. “Most primary care providers want to transition from a traditional fee-for-service model to […]

FirstLight Home Care Makes Leadership Changes; Care Synergy Names New Chief Medical Officer

FirstLight Home Care expands franchise support center team, makes leadership changes FirstLight Home Care has made several leadership changes and additions to its franchise support team. The Cincinnati-based FirstLight Home Care has about 200 locations across the country. Mark Vanase, FirstLight’s former EVP of business development and field operations, has been named the company’s new […]

Transactions: Best of Care Acquires Moving Logistics Company; Home-Based Care Startups Announce Fundraising Rounds

Best of Care diversifies offerings through latest acquisition The Boston-based Best of Care is the latest home care provider to diversify its offerings through acquisition. Last month, the company announced that it acquired Moving Mentor, which is a “management, organization and consulting company.” Broadly, Moving Mentor helps families strategize and plan moves. It specifically tailors […]

Walgreens Boots Alliance CEO Provides Updates On Health Care Strategy

On Monday, VillageMD officially confirmed its plan to acquire Summit Health-CityMD. On Wednesday, Walgreens Boots Alliance Inc. (Nasdaq: WBA) — one of VillageMD’s chief inventors — opened up about how the deal fits into its overall strategy. VillageMD – which has an at-home division, Village Medical at Home – is a primary care provider that […]

VillageMD Inks Deal To Acquire Summit Health-CityMD In $8.9B Deal

Just a week after reports that VillageMD had its eye on Summit Health-CityMD, the former announced that it has entered a definitive agreement to acquire the latter. With investments from Walgreens Boots Alliance Inc. (Nasdaq: WBA) and Evernorth – Cigna Corporation’s (NYSE:CI) health services organization – the deal is valued at $8.9 billion. “You think […]