Following its move to decrease VillageMD’s physical footprint, Walgreens Boots Alliance Inc. (Nasdaq: WBA) seems to be doubling down on its decision. “We don’t have plans to continue to invest in brick and mortar-owned primary care practices,” Mary Langowski, the president of U.S. Healthcare, said during the company’s third-quarter earnings call on Thursday. VillageMD is […]
VillageMD
Thanks to impactful, large-scale transactions over the last decade, the collective face of home-based care has changed forever. Traditional providers in both home health care and personal home care have merged. Payers became involved in the home-based care space like never before. Of late, retailers have too. But it’s often easy to forget how the […]
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) […]
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 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 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 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 […]
Help at Home expands Georgia footprint The Chicago-based Help at Home continues to grow. Last week, the company announced that it agreed to acquire Prosper Home Care, a home care provider based in Atlanta. “Adding Prosper Home Care to the Help at Home family allows us to bring like-minded organizations together to address the growing […]
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 […]
Some stories are able to make a big splash instantly, while some are more of a slow burn, taking time to attract the attention of readers. While the former has already received some much deserved fanfare, Home Health Care News wanted to take the time to shine the spotlight on the latter. These stories are […]
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