There are plenty of Program of All-Inclusive Care for the Elderly (PACE) operators that embody the model’s success and recent momentum, but perhaps none greater than the New York-based ArchCare. With just under $1 billion in annual revenues, ArchCare is part of the Archdiocese of New York’s large health care system. Its PACE operations began […]
Amedisys Inc. (Nasdaq: AMED) has completed its purchase of Visiting Nurse Association’s (VNA) assets. Baton Rouge, Louisiana-based Amedisys has a number of in-home care capabilities, including home health, hospice and personal care services. Amedisys also recently acquired Contessa Health for $250 million. The deal gives the company a range of acute-level care services. Meanwhile, VNA […]
Health care dealmaking is on a blistering pace in 2021, with particular action around the home health and hospice spaces. And while transactions are being driven by private equity firms with plenty of dry powder, they’re also propelled by regulatory shifts, emerging care models and the transformation of the sector, a new mid-year dealmaking report […]
Another publicly traded company involved in home-based care is bullish on the Program of All-Inclusive Care for the Elderly (PACE) model and its ability to expand across the U.S. That company is Moorestown, New Jersey-based Tabula Rasa HealthCare (Nasdaq: TRHC), a provider of data-driven technology solutions and an active stakeholder in the PACE market. Specifically, […]
Senior Helpers announces senior director of strategic programs Senior Helpers has named David Chandler its senior director of strategic programs. Maryland-based Senior Helpers is a home care franchise organization that operates across 44 states. The company — recently acquired by the investment arm of Advocate Aurora Health — has over 320 locations worldwide. In his […]
The COVID-19 pandemic has revealed a dire need to rethink how and where Americans age, most long-term care experts agree. Investing in small-home senior living and “nursing homes without walls” are among the several innovative ideas that have been floated over the past year. Alternatively, some aging services stakeholders have simply called for a sweeping […]
Year after year, startups in the health and wellness space capture more venture capital dollars than almost any other business sector, apart from maybe cybersecurity or financial technology. Despite VC’s heavy focus on health, early-stage companies that specifically operate in the aging services and senior care arenas often go overlooked. Launched in July by one […]
Earlier this month, Humana Inc. (NYSE: HUM) and Welsh, Carson, Anderson & Stowe (WCAS) teamed up on a new joint venture aimed at expanding access to value-based primary care for Medicare patients. Under the JV agreement, Humana and WCAS will commit upwards of $600 million to build 50 new Partners in Primary Care (PiPC) centers […]
In 2019, Humana Inc. (NYSE: HUM) recorded its highest individual Medicare Advantage (MA) growth rate in a decade. The Louisville, Kentucky-based home- and community-focused health insurer anticipates more of the same in 2020, with leadership also bullish on Humana’s existing in-home care operations and its soon-to-expand primary care centers. And when it comes to home […]
When it comes to health care delivered in the home, many see hospital-at-home models as the next big, innovative concept to hit a boom period. But investors and other stakeholders interested in home- and community-based care shouldn’t sleep on PACE programs, either. That includes in-home care providers. PACE — or Programs of All-Inclusive Care for […]
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