No shockers here: The Patient-Driven Groupings Model (PDGM) was the big story in 2019. The most widely read Home Health Care News story from the past year was a PDGM-focused conversation between the leaders of Amedisys Inc. (Nasdaq: AMED), LHC Group Inc. (Nasdaq: LHCG) and Encompass Health’s (NYSE: EHC) home health division. Now just days […]
Walmart
More than three out of every four Americans age 50 and older say they prefer to remain in their current community — and likely their individual homes — for as long as possible, according to AARP statics. Combined with technologies that enable aging in place, that preference is positioned to “upend” the U.S. senior housing […]
Amazon (Nasdaq: AMZN) may be charting its own course to in-home care, but the Seattle-based retail and technology giant is unlikely to threaten traditional in-home care providers anytime soon. Nonetheless, providers would be remiss to ignore Amazon’s actions, according to long-time home care leader Mark Heaney. “Amazon makes no small plans, [but] I wouldn’t lose […]
The race to move health care into the home is on, and a growing number of major retailers are officially in the running. In just about a week’s time, news broke that Walmart (NYSE: WMT), Amazon (NYSE: AMZN) and Best Buy (NYSE: BBY) are all separately making moves in the space. As the federal government […]
Amedisys Inc. (Nasdaq: AMED) and Walmart (NYSE: WMT) have entered into a new partnership to expand home health care access nationwide, according to an analyst report from William Blair. The global investment and wealth management firm has learned that Baton Rouge, Louisiana-based Amedisys is part of the retail giant’s new health care initiative, dubbed “Walmart […]
Walmart Inc. (NYSE: WMT) — which reportedly came somewhat close to becoming a home health provider in its own right last year — is diving deeper into the health care sector. Last week, the retail giant confirmed plans to open up a new health clinic, dubbed Walmart Health, in Georgia. CNBC first reported the news […]
Between 2016 and 2026, at-home care providers in the U.S. will need to find a projected 2.9 million more home health aides and personal care aides to keep up with skyrocketing demand, according to the Bureau of Labor Statistics. Doing so won’t be easy, as many — if not most — providers already face severe […]
It’s no secret that home-based care providers are struggling when it comes to recruiting and retaining employees. In 2018, turnover in the home care industry hit an all-time high of 82%, while home health saw an average turnover rate of about 21.23%. Some factors contributing to the problem — such as the tight labor market […]
As more states push to raise the minimum wage, home-based care companies must work harder than ever to attract and retain workers as competition among employers grows. In home health care, agencies’ success often depends on Medicaid reimbursement, which is not keeping up with wage inflation in some states. And in private-pay home care, increased […]
The home health, home care and hospice industries experienced ups and downs in 2018, including regulatory surprises, new business opportunities and industry-shaping mega deals. Home Health Care News was there to cover it all. Revisit 2018 — and get a sense of what ongoing trends and regulations will shape 2019 — by reading through our […]