Former Encompass Executive Joins Traditions Health; WellSky Appoints New CFO

Traditions Health names new president and CEO Traditions Health LLC has named David Klementz its new president and CEO. College Station, Texas-based Traditions Health is a growing home health and hospice provider that currently serves 5,000 patients across fourteen states. Backed by PE firm Dorilton Capital, the provider has acquired multiple post-acute care businesses since […]

Home Health Giants Double Down on Diversion, as Nursing Home Numbers Normalize

Acute and post-acute patient volumes started to normalize in the early part of 2021, with hospitals, skilled nursing facilities (SNFs) and home health providers all hovering around their 2019 baselines. The accelerated rollout of COVID-19 vaccines is largely responsible for the newfound stability, particularly in the SNF space. Following millions of inoculations across the U.S., […]

VOICES: Bill Miller, CEO, WellSky®

This article is sponsored by WellSky. In this Voices interview, Home Health Care News sits down with WellSky CEO Bill Miller to learn the full implications of the company’s acquisition of CarePort, how care coordination technology helps home-based care providers succeed in the battle for the home and why “interoperability” is more than just a […]

WellSky Completes $1.35B Purchase of CarePort Health

WellSky announced Thursday that it has completed its acquisition of care coordination software company CarePort Health. Under terms of the deal — first announced in October — WellSky purchased CarePort from Allscripts Healthcare Solutions (Nasdaq: MDRX) for a price tag of $1.35 billion. Allscripts is a health care information technology provider. CarePort’s platform helps health […]

Private-Duty Home Care Providers Poised to Play Leading Role in Pop Health Models

As health care spending continues to rise, private-duty home care agencies will likely play increasingly important roles in population health management. In total, U.S. health care spending is expected to reach $4.8 trillion by 2025. Often, it’s chronic conditions, social determinants of health and functional limitations that drive that spending upward. The combined pervasiveness of […]

WellSky to Acquire CarePort from Allscripts in $1.35B Deal

WellSky announced Tuesday it has entered into an agreement to acquire CarePort Health from Allscripts Healthcare Solutions (Nasdaq: MDRX), a health care information technology provider. The deal is for $1.35 billion, according to Allscripts. WellSky is an international software and professional services company with clients that include home health providers, hospital systems, blood banks, labs, […]

WellSky Nabs New Investment from Leonard Green & Partners

Private equity-backed health care software company WellSky has a new investor and a new capital structure, the company announced Monday.  TPG Capital — the PE platform that currently owns WellSky — has entered into a definitive agreement to add private equity firm Leonard Green & Partners LP (LGP) as a capital partner. As part of […]

‘Innovators Will Succeed’: Why Home-Based Care Agencies Need to Start Adapting to the New Normal

Both during and after the COVID-19 crisis, success will favor the innovators. Providers that can adjust their business operations accordingly and keep up with the sweeping regulatory changes will have a massive advantage moving forward. Conversely, those resistant to the new, post-coronavirus normal run the risk of being left behind. “The easy prediction is that […]

Former Senate Majority Leader Tom Daschle: Home Health Workforce Is Essential to Addressing COVID-19

The strain the COVID-19 virus has placed on U.S. hospitals is shining a light on the need for home- and community-based care. That’s according to former U.S. Senate Majority Leader Tom Daschle, who is also the founder and CEO of The Daschle Group. The former congressman discussed home-based care and other topics during a recent […]