Category: Care Advantage
Many home-based care organizations want to rely less on fee-for-service payment models and step into the value-based care space. While this is easier said than done, a few providers have been able to make significant strides in regard to value-based care relationships. At Care Advantage, value-based care makes up roughly a third of the company’s […]
The personal home care industry has received unprecedented recognition and praise over the last two years. President Joe Biden and Vice President Kamala Harris explicitly mentioned home care – and home care workers – on the campaign trail and after inauguration. “Just the fact that a sitting president is talking about home care is huge,” […]
The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit https://futureleaders.agingmedia.com/. Chelsey Ammons, vice president of nursing at Richmond, Virginia-based […]
The Pennant Group Inc. (Nasdaq: PNTG) has purchased the assets of Amarillo, Texas-based Open Heart Hospice. The financial terms of the deal were not disclosed. As part of the agreement, Open Heart Hospice will operate under the name Kinder Hearts Hospice of Amarillo. Sign up for HHCN + to read this exclusive content. Individual Membership […]
Care Advantage has worked to solidify its place in the home-based care space over the past three decades. Now, its latest mission puts value-based care square in its crosshairs. Care Advantage offers a variety of services to patients across Virginia, Maryland, Washington, D.C., and Delaware. The Richmond, Virginia-based company cared for roughly 12,000 patients last […]
Funds advised by Searchlight Capital Partners have reached an agreement to acquire a majority stake in Care Advantage, one of the largest in-home care companies in the Mid-Atlantic region. Terms of the transaction were not disclosed. Founded over three decades ago, Care Advantage offers a range of in-home care services to patients across Virginia, Maryland, […]
In the post-acute care world, value-based contracting can be fairly straightforward. Sick patients are discharged from the hospital, home health agencies are brought in to help them recover, and then they’re paid appropriately based on how well those people recover. But value-based care is frequently much more complicated and murkier in long-term care, particularly when […]