Hospice

Increased Labor Costs Hinder LHC Group

For LHC Group Inc. (Nasdaq: LHCG), its plan to combine with UnitedHealth Group’s (NYSE: UNH) Optum is still the big headline. All the while, the company is still navigating through the same home health care landscape that its peers are. Back in March, UnitedHealth Group announced that it would acquire the Lafayette, Louisiana-based company for …

Increased Labor Costs Hinder LHC Group Read More »

Enhabit Home Health & Hospice’s Rocky Start On The Public Market

Enhabit Home Health & Hospice (NYSE: EHAB) is the newest face on the home health public market. External factors have made it far from a red-carpet welcome. Its cost per visit shot up in the second quarter, the proposed home health rule is hanging over its head and – all the while – it’s dealing …

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Despite Home Health Slowdown, Addus Looking At ‘Bigger Transactions’ In Near Term

The Biden administration has shown time and again its commitment to home- and  community-based services. And Addus HomeCare Corporation (Nasdaq: ADUS) is beginning to reap some of the benefits.  The Frisco, Texas-based in-home care services providers has begun to receive more substantial funding from the states it operates in through the American Rescue Plan. “With …

Despite Home Health Slowdown, Addus Looking At ‘Bigger Transactions’ In Near Term Read More »

Transactions: Excelin Health Acquires On My Care; Baylor Scott & White Health, Contessa Partner

Excelin Health expands California footprint Excelin Health — a home health and hospice platform — has acquired On My Care. The Fremont, California-based On My Care is an agency that offers skilled nursing, physical, occupational, and speech therapy, as well as social worker and home aide services. The deal further expands Excelin’s footprint in California, …

Transactions: Excelin Health Acquires On My Care; Baylor Scott & White Health, Contessa Partner Read More »

Why Care Collaborations Could Shake Up the Home Health Food Chain

In the animal kingdom, there’s strength in numbers, especially among creatures that find themselves toward the bottom of the food chain. This concept is also true in today’s hyper-competitive health care sector. Increasingly, smaller providers with relatively limited resources and reach are teaming up in the form of “collaboratives,” “alliances,” “networks” or “partnerships.” Nowhere is …

Why Care Collaborations Could Shake Up the Home Health Food Chain Read More »

Despite Focus on Home Health, Humana Remains Flexible in Personal Care, Hospice

Humana Inc. (NYSE: HUM) has been vocal about its plan to develop its health care services capabilities in three phases. The first phase is building the capabilities; the second phase includes enhancements to align its capabilities with value-based principles, and the third is integrating these capabilities in select local markets. With the divestiture of its …

Despite Focus on Home Health, Humana Remains Flexible in Personal Care, Hospice Read More »

New Laws Let Visitors See Loved Ones in Health Care Facilities, Even in an Outbreak

Jean White’s mother has dementia and moved into a memory care facility near Tampa, Florida, just as coronavirus lockdowns began in spring 2020. For months, the family wasn’t allowed to go inside to visit. They tried video chats and visits from outside her bedroom window, but White said that just upset her mom, who is …

New Laws Let Visitors See Loved Ones in Health Care Facilities, Even in an Outbreak Read More »

Why Alivia Care Wants To Go Past the ‘Meat and Potatoes’ of Home Health Care

At a time when more home-based care entities are looking for ways to stand out and take their business to the next level, Alivia Care Inc. CEO Susan Ponder-Stansel wants to offer more than what she considers the “meat and potatoes” of home health services. For Alivia Care — a company that entered the home …

Why Alivia Care Wants To Go Past the ‘Meat and Potatoes’ of Home Health Care Read More »

Aveanna Takes Stock of Medicaid ‘Rate Wins’

For the first time in Tony Strange’s career, he has managed care plans, state Medicaid agencies and even the U.S. Centers for Medicare & Medicaid Services (CMS) reaching out and asking what can be done to increase access to home- and community-based services. Strange – the CEO of Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) and …

Aveanna Takes Stock of Medicaid ‘Rate Wins’ Read More »

4 Benefits of maximized CAHPS reporting

Frustrated with CAHPS reporting? Organizations can simplify compliance and drive quality improvement with real-time reporting on CAHPS data, leading to many positive outcomes. Read our latest blog for four ways your organization can benefit from maximized CAHPS reporting.

4 Benefits of maximized CAHPS reporting

Frustrated with CAHPS reporting? Organizations can simplify compliance and drive quality improvement with real-time reporting on CAHPS data, leading to many positive outcomes. Read our latest blog for four ways your organization can benefit from maximized CAHPS reporting.

Amedisys Gets ‘Obsessive on Retention,’ Sees Signs of Workforce Normalization

Amedisys Inc. (Nasdaq: AMED) has become “obsessive on retention” and the larger impact staffing could have on the company. “We feel like the most impactful lever in our organization is retaining our clinical staff,” Chris Gerard, president and COO of Amedisys, said Thursday at the Barclays Global Healthcare Conference. “We live and breathe, every single …

Amedisys Gets ‘Obsessive on Retention,’ Sees Signs of Workforce Normalization Read More »

‘We’re Starting on Third Base’: Encompass Health CFO Shares Spinoff Rationale

Encompass Health Corporation (NYSE: EHC) publicly appears to be moving forward with its plan to separate its $1.1 billion home health and hospice segment into a standalone business. Speaking at the Barclays Global Healthcare Conference, CFO Doug Coltharp offered a new level of transparency and rationale behind that spinoff plan on Wednesday. The update came …

‘We’re Starting on Third Base’: Encompass Health CFO Shares Spinoff Rationale Read More »

Aveanna Using Uber-Like Workforce Model to Manage Caregiver Turnover

The caregivers at Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) and the drivers at Uber (NYSE: UBER) have something in common. Specifically, Aveanna has set up its app to give its private-duty caregivers more autonomy over their work schedule. “While they’re all employees of Aveanna, they sometimes look and feel more like an independent contractor,” Tony …

Aveanna Using Uber-Like Workforce Model to Manage Caregiver Turnover Read More »

Humana Doesn’t Expect Large-Scale M&A Activity Post-Kindred, Still Plans to Divest Hospice Assets

Humana Inc. (Nasdaq: HUM) has been one of the key home health players to watch over the past few years, an idea best illustrated by its full takeover of Kindred at Home last year. The Louisville, Kentucky-based health care company expects to be less active on the home health M&A front moving forward, however. After …

Humana Doesn’t Expect Large-Scale M&A Activity Post-Kindred, Still Plans to Divest Hospice Assets Read More »

$1.5 Trillion Omnibus Spending Bill Leaves Out Home Health Telehealth Reimbursement

The U.S. House of Representatives passed a comprehensive $1.5 trillion omnibus spending package on Wednesday. The legislation, among other things, extends the temporary virtual care flexibilities that were put in place during the public health emergency. The bill will extend the waiver allowing hospices to perform face-to-face recertification visits through telehealth for five additional months …

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Enhabit Sale Rumors Raise Questions, Place Potential Buyers at Defining Crossroads

Earlier this week, a report surfaced claiming that Advent International, Aveanna Healthcare Holdings (Nasdaq: AVAH) and at least a few other companies have “expressed interest” in acquiring Enhabit Home Health & Hospice, the $1.1 billion business currently belonging to Encompass Health Corporation (NYSE: EHC). Executives from the Birmingham, Alabama-based Encompass Health have repeatedly stood behind …

Enhabit Sale Rumors Raise Questions, Place Potential Buyers at Defining Crossroads Read More »

With Workforce Stabilizing, LHC Group Expects Strong Organic Home Health Growth

LHC Group Inc. (Nasdaq: LHCG) President and COO Joshua Proffitt is more bullish than he’s been in “quite some time” about the growth potential of the company. That’s because the overall increased demand for home-based care has created an environment for top-line growth.  “The strong demand that we’re experiencing really shows no sign of letting …

With Workforce Stabilizing, LHC Group Expects Strong Organic Home Health Growth Read More »

Why Post-Acute Care Is Health Care’s New ‘Apex Predator’

A large post-acute care company with a deep presence in America’s rural areas, Intrepid USA Healthcare Services has been in the market for a new private equity partner. Intrepid is a Texas-based provider of home health, hospice and personal care services. The company has more than 60 locations spanning 17 states. CEO John Kunysz likes …

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‘You’ll Get Squeezed Out’: Why Value-Based Care Is a Home Health Necessity

Nick Loporcaro, the former CEO of Landmark Health, has joined The Vistria Group as a senior operating partner. He makes the transition from the provider side to private equity geared with decades of health care experience – and years of at-home care experience. Loporcaro led Landmark – an in-home medical care provider – until it …

‘You’ll Get Squeezed Out’: Why Value-Based Care Is a Home Health Necessity Read More »

Pennant Focuses on Recent Additions During ‘Uncharacteristically Quiet’ M&A Season

Like its industry peers, The Pennant Group Inc. (Nasdaq: PNTG) has had to navigate COVID-19 related business disruptions as well as other headwinds, some of which even prompted the company to start looking under its own hood for answers. Now, operating with the view that COVID and many of its impacts have become endemic, the …

Pennant Focuses on Recent Additions During ‘Uncharacteristically Quiet’ M&A Season Read More »

‘That’s a Game-Changer’: Investors Have Their Eye on One-Stop-Shops in Home-Based Care

In terms of business, providers are slowly beginning to move away from the strict distinctions of home health, home care and hospice. “These are separate businesses,” Dexter Braff, president of The Braff Group, said on Wednesday during a panel discussion at the 18th annual Healthcare Private Equity & Finance Conference. “These are only separate because …

‘That’s a Game-Changer’: Investors Have Their Eye on One-Stop-Shops in Home-Based Care Read More »

Recent Deals Suggest 2022 Will Bring a Very Different M&A Market for Home Health, Hospice

Earlier this week, Axios reported that Humana Inc. (NYSE: HUM) is gearing up for a sale of Kindred at Home’s hospice business and seeking a multiple of 12 times EBITDA. Two days later, Encompass Health Corporation (NYSE: EHC) reaffirmed its plan to spin off its home health and hospice segment into a new publicly traded …

Recent Deals Suggest 2022 Will Bring a Very Different M&A Market for Home Health, Hospice Read More »

Non-Medical Home Care M&A Activity Heating Up

Dealmaking in 2021 for home-based care had its highs and lows. On an annual basis, home health, home care and hospice operators saw an overall spike in M&A activity, according to the latest update from advisory firm Mertz Taggart. In total, there were at least 166 home health, home care and hospice deals in 2021, …

Non-Medical Home Care M&A Activity Heating Up Read More »

HCA in ‘Early Stages’ of Home Health Integration, Having Difficulty with Post-Acute Care Capacity

HCA Healthcare Inc. (NYSE: HCA) executives provided a brief update on the company’s home health and hospice operations Thursday. It was the first time the Nashville, Tennessee-based hospital giant shared additional information about its post-acute care plans since finalizing its $400 million deal with Brookdale Senior Living Inc. (NYSE: BKD) in July. “We’re in the …

HCA in ‘Early Stages’ of Home Health Integration, Having Difficulty with Post-Acute Care Capacity Read More »

LHC Group’s Operations Chief: Long-Term Upside Outweighs Near-Term Challenges

LHC Group Inc. (Nasdaq: LHCG) executives have spent the past several months preparing for 2022, which President and COO Josh Proffitt describes as a year of “great opportunity.” “There are a lot of positive forces shaping home health care,” the industry veteran recently told Home Health Care News. For the industry as a whole, that …

LHC Group’s Operations Chief: Long-Term Upside Outweighs Near-Term Challenges Read More »

Encompass Health Moving Forward with Spinoff Plans, to Rebrand New Business ‘Enhabit’

In December 2020, Encompass Health Corporation (NYSE: EHC) announced that it was “exploring strategic alternatives” for its home health and hospice segment. The company doubled down on its preferred option on Wednesday. The Birmingham, Alabama-based company announced it intends to spin off the segment into a new publicly traded company under the name “Enhabit Home …

Encompass Health Moving Forward with Spinoff Plans, to Rebrand New Business ‘Enhabit’ Read More »

LHC Group Outlines Growth Goals, Expects Labor Market to Recover

LHC Group Inc. (Nasdaq: LHCG) is coming off a record year in terms of new acquisitions and acquired revenue. The Lafayette, Louisiana-based company will now look to complement those outside additions through strong organic growth in 2022. Considering today’s supportive policy landscape, stable reimbursement environment and the skyrocketing demand for in-home care from referral partners, …

LHC Group Outlines Growth Goals, Expects Labor Market to Recover Read More »

Black-Owned Hospice Seeks to Bring Greater Ease in Dying to Black Families

This time, it didn’t take much persuading for Mary Murphy to embrace home hospice. When her mother was dying from Alzheimer’s disease in 2020, she had been reluctant until she saw what a help it was. So when her husband, Willie, neared the end of his life, she embraced hospice again. The Murphys’ house in …

Black-Owned Hospice Seeks to Bring Greater Ease in Dying to Black Families Read More »

Spinoff or Merger: Making Sense of Encompass Health’s Options

Activist investment firm Jana Partners is reportedly urging Encompass Health Corporation (NYSE: NYSE) to reconsider plans to spin off its home health and hospice segment into a new public entity. Instead, Jana wants the Birmingham, Alabama-based company to circle back to a potential third-party merger. There are hypothetical advantages and disadvantages to both a public …

Spinoff or Merger: Making Sense of Encompass Health’s Options Read More »

Compassus Names New CEO, Doubles Down on Building a ‘Full Continuum of Home-Based Care’

Compassus announced Wednesday that David Grams will be taking the helm as the company’s next CEO. Grams succeeds Jim Deal, who will stay on as the company’s chairman of the board. “I am confident David is the right leader to steer Compassus through the evolution of home-based care while focusing on increasing access to quality …

Compassus Names New CEO, Doubles Down on Building a ‘Full Continuum of Home-Based Care’ Read More »

Addus Lands JourneyCare for $85 Million

Addus HomeCare Corporation (Nasdaq: ADUS) had intended to focus largely on home health and personal care acquisitions in 2022. But when a good hospice deal comes along, it’s difficult to pass up. The Frisco, Texas-based Addus announced Wednesday that it has reached an agreement to acquire “substantially all the assets of” Glenview, Illinois-based JourneyCare for …

Addus Lands JourneyCare for $85 Million Read More »

Homecare Homebase Parent Company Hearst Strikes Deal for CellTrak

Last April, Addus HomeCare Corporation (Nasdaq: ADUS), Homecare Homebase (HCHB) and CellTrak announced they were teaming up to build “the industry’s first integrated, enterprise-level solution for all types of home-based care.” The next big step in that collaboration has come for two of those organizations. Hearst, the parent company of HCHB, has struck an agreement …

Homecare Homebase Parent Company Hearst Strikes Deal for CellTrak Read More »

Transactions: Fortis Buys Select; Nova Leap Completes Acquisition of South Carolina Home Care Business

Fortis Home Health & Hospice — Grant Avenue Capital’s home-based care buy-and-build initiative — has acquired Select Home Health. The financial terms of the deal were not disclosed. Sign up for HHCN + to read this exclusive content. Individual Membership $400 per year Purchase Group 2–5 members $380 per year* Purchase Need more than 5 …

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Senior Care Groups Urge Senate to Pass Build Back Better ‘Without Shaving Off $1’

A month after the House of Representatives passed the Build Back Better bill, LeadingAge and other aging services organizations are urging lawmakers not to reduce the legislation’s investments into home- and community-based services. “The Senate is considering the most important legislation in a generation for older Americans,” Katie Smith Sloan, president and CEO of LeadingAge, …

Senior Care Groups Urge Senate to Pass Build Back Better ‘Without Shaving Off $1’ Read More »

Senior Care Advocates, Hospital Groups Voice Concerns Over Potential 6% Medicare Cut

Both chambers of Congress passed legislation this week to keep the government funded through Feb. 18. Home health agencies and other Medicare stakeholders are worried, however, about a potential 6% cut that could be coming down the pike. The cuts come in the form of Medicare sequestration and PAYGO. Signed into law in August 2011, …

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Providing exceptional care with Shepherd’s Cove Hospice

In this episode of the Post-Acute POV, our host Lavin Graviss, VP of Service Delivery at HEALTHCAREfirst, is joined by Rhonda Osborne, CEO and Chief Teaching Officer, Mandy Chandler, Compliance Director, and Stormy Dismuke, Chief Nursing Officer at Shepherd’s Cove Hospice, a six-time Hospice Honors Award recipient.

It Takes a Team: A Doctor With Terminal Cancer Relies on a Close-Knit Group in Her Final Days

The decisions have been gut-wrenching. Should she try another round of chemotherapy, even though she barely tolerated the last one? Should she continue eating, although it’s getting difficult? Should she take more painkillers, even if she ends up heavily sedated? Dr. Susan Massad, 83, has been making these choices with a group of close friends …

It Takes a Team: A Doctor With Terminal Cancer Relies on a Close-Knit Group in Her Final Days Read More »

Choice Health at Home Combating Staffing Challenges by Leaning into Clinical Roots, Industry Flexibility

In summer, hardly a week went by where Choice Health at Home wasn’t in the headlines. Founded in 2007 by David Jackson, a licensed physical therapist, Choice is a home health, hospice and rehabilitation services provider with dozens of locations in Texas, Oklahoma and a couple of other states. Eventually, the plan is to build …

Choice Health at Home Combating Staffing Challenges by Leaning into Clinical Roots, Industry Flexibility Read More »

After ‘Sobering’ Quarter, Pennant Conducting Internal Review to Identify Possible Missteps

The Pennant Group Inc. (Nasdaq: PNTG) has fallen short of its own goals. At the top of the company’s earnings call Tuesday, Pennant CEO Danny Walker called its Q3 2021 performance “sobering” in relation to its high expectations. Eagle, Idaho-based Pennant’s network includes 87 home health and hospice agencies, plus 54 senior living communities. The …

After ‘Sobering’ Quarter, Pennant Conducting Internal Review to Identify Possible Missteps Read More »

Walmart Snags Ochsner Executive; Amedisys Names New Hospice Leader

Walmart’s latest health care hire Walmart has reportedly snagged Dr. David Carmouche from Louisiana-based Ochsner Health to lead its expansion into retail health care. Walmart officially kicked off its health care strategy in 2019 when it opened its first 10,000-square-foot health center in Dallas, Georgia. That initial location even included an on-site connection to home …

Walmart Snags Ochsner Executive; Amedisys Names New Hospice Leader Read More »

Jet Health CEO Outlines In-Home Care Provider’s Aggressive Growth Strategy

Since entering the home-based care space in 2016, Jet Health has mounted its business on an aggressive growth strategy. The company’s aim is to deliver a fully comprehensive post-acute model that eliminates gaps in care. “Jet Health was really founded based on the thesis of rolling up smaller home health and hospice companies into more …

Jet Health CEO Outlines In-Home Care Provider’s Aggressive Growth Strategy Read More »

Addus Prioritizing Staff Vaccinations with CMS, OSHA Mandates Looming

In terms of financial results, Addus HomeCare Corporation (Nasdaq: ADUS) is coming off a record third quarter. The Frisco, Texas-based home health, hospice and personal care services provider has plenty of challenges ahead, however, including the difficult labor landscape that’s about to become even more complex thanks to federal COVID-19 vaccination rules. Somewhat diminished M&A …

Addus Prioritizing Staff Vaccinations with CMS, OSHA Mandates Looming Read More »

Encompass Health Seeks Injunction Against Former Home Health, Hospice CEO April Anthony

Encompass Health Corp. (NYSE: EHC) on Tuesday filed a lawsuit seeking an injunction against April Anthony, the former CEO of the Birmingham, Alabama-based company’s home health and hospice segment. The injunction was filed in Dallas County state district court in Texas. Encompass Health claims that Anthony is in violation of her employment agreement, including breach …

Encompass Health Seeks Injunction Against Former Home Health, Hospice CEO April Anthony Read More »

BrightSpring Files to Go Public, Eyes $1.5 Trillion Opportunity

Another big home-based care player is going public. BrightSpring Health Services filed the paperwork for a $100 million initial public offering on Monday, realizing the long-time speculation of industry insiders who believed an IPO was just a matter of time for the Louisville, Kentucky-based company. “We are an essential part of our nation’s health delivery …

BrightSpring Files to Go Public, Eyes $1.5 Trillion Opportunity Read More »

How Strategic Partnerships Helped Fuel HealthFlex Home Health & Hospice’s Growth

Since its inception in 2012, HealthFlex Home Health & Hospice has seen its business transform from a small Bay-area company to the fifth-largest privately-owned provider in California. As the company continues to grow, it has its sights set on becoming a fully comprehensive senior care provider. As a business, HealthFlex Home Health & Hospice delivers …

How Strategic Partnerships Helped Fuel HealthFlex Home Health & Hospice’s Growth Read More »

Pharos Capital Adds to Growing Home-Based Care Portfolio with THEMA Acquisition

Private equity firm Pharos Capital Group has acquired THEMA Health Services, a home health and palliative care provider that operates across Arizona. The financial terms of the transaction were not disclosed. Prescott, Arizona-based THEMA provides care services including home health, palliative care, and hospice in patients’ homes, skilled nursing facilities, and assisted living facilities. The …

Pharos Capital Adds to Growing Home-Based Care Portfolio with THEMA Acquisition Read More »

Transactions: LHC Group Expands Footprint; Senior Helpers Acquires New Corporate Store

The LHC Group Inc. (Nasdaq: LHCG) M&A run continues. The Lafayette, Louisiana-based company recently announced agreements to acquire Generations Home Health along with Freda H. Gordon Hospice and Palliative Care, both in Virginia Beach, Virginia. LHC Group expects $7 million in annual revenue from the deals. Sign up for HHCN + to read this exclusive …

Transactions: LHC Group Expands Footprint; Senior Helpers Acquires New Corporate Store Read More »

Future Leader: Sofia Koshevatsky, HealthFlex Home Health & Hospice CEO and Founder

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/. Sofia Koshevatsky, CEO and founder of Oakland, California-based HealthFlex …

Future Leader: Sofia Koshevatsky, HealthFlex Home Health & Hospice CEO and Founder Read More »

Transactions: Trive Capital Invests in Choice Health at Home; LHC Group Completes Heart of Hospice Deal

Trive Capital, a Dallas-based private equity firm, has formed a partnership with Choice Health at Home. Tyler, Texas-based Choice is a home health, hospice and rehabilitation services provider. The company operates in 40 total locations across Texas, Louisiana and Oklahoma, with over 800 licensed health care employees. Sign up for HHCN + to read this …

Transactions: Trive Capital Invests in Choice Health at Home; LHC Group Completes Heart of Hospice Deal Read More »

NAHC, National Minority Health Association Announce New Vaccination Program for the Home-Based Care Workforce

In a move to increase COVID-19 vaccinations among home-based care workers, the National Association for Home Care & Hospice (NAHC) has teamed up with the National Minority Health Association (NMHA) and the Flex for Checks program. “We don’t see this as a small issue to be addressed,” NAHC President Bill Dombi told Home Health Care …

NAHC, National Minority Health Association Announce New Vaccination Program for the Home-Based Care Workforce Read More »

Transactions: Alivia Care Acquires Better Life Home Health; Charter Health Care Group Buys Generations Hospice Care

Alivia’s new home health transaction Alivia Care Inc. has acquired Summerfield, Florida-based home health provider Better Life Home Health. Financial terms were not disclosed. Alivia Care is the parent company of Jacksonville, Florida-based Community Hospice & Palliative Care, which provides services for more than 1,200 patients across Florida. Sign up for HHCN + to read …

Transactions: Alivia Care Acquires Better Life Home Health; Charter Health Care Group Buys Generations Hospice Care Read More »

Aveanna Applauds 2022 Proposed Payment Rule, Sets Sights on Home Health Growth

In the wake of going public in the spring, the leadership team at Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) has been especially vocal about its appetite for major growth. The company’s leaders echoed this sentiment, highlighting a focus on home health in particular, during its Q2 2021 earnings call on Thursday. “Home health and hospice …

Aveanna Applauds 2022 Proposed Payment Rule, Sets Sights on Home Health Growth Read More »

EvergreenHealth Home Care, Alivia Ready to Support Choose Home Legislation

Home-based care leaders are encouraged by the Choose Home Care Act of 2021’s introduction into the U.S. Senate — and what it could mean for the home health industry if it’s ultimately enacted. Brent Korte, Keith Myers and Susan Ponder-Stansel are among them. The trio spoke about the recently introduced legislation Monday at the National …

EvergreenHealth Home Care, Alivia Ready to Support Choose Home Legislation Read More »

Community-Based Palliative Care, Choose Home Top List of Current Home Health Policy Priorities

National Association for Home Care & Hospice (NAHC) President Bill Dombi touched on the importance of recent community-based palliative care legislation during a Sunday night policy update at the Washington, D.C.-based industry group’s 2021 Financial Management Conference. The bulk of his update, however, was spent urging industry insiders to band together and throw their support …

Community-Based Palliative Care, Choose Home Top List of Current Home Health Policy Priorities Read More »

PE-Backed Choice Completes 4th Acquisition of 2021, Buys Alpha Home Health and Hospice

Choice Health at Home has acquired Alpha Home Health and Hospice, further increasing the company’s Oklahoma footprint. Financial terms of the deal were not disclosed. Alpha provides home health and hospice services through five locations in Ada, Ardmore, Oklahoma City, Norman and Pauls Valley. Meanwhile, Tyler, Texas-based Choice is home health, hospice and rehabilitation services …

PE-Backed Choice Completes 4th Acquisition of 2021, Buys Alpha Home Health and Hospice Read More »

The final phase of PDGM: What to expect & actions to take now

Coming in 2022, the final phase of PDGM is a continuation of CMS’ three-year progression of other PDGM implementations. The first of these implementations began in 2020, when the reimbursement landscape changed for home health agencies from receiving 50 or 60 percent upfront for a 60-day period to receiving 20 percent upfront for just a 30-day

Hospice Provider Compassus Sees a Future Delivering High-Acuity Care in the Home

Compassus has long solidified its spot in the increasingly crowded hospice field. But as the company continues to move forward, it’s positioning itself as an all-around post-acute care provider, with the core of its model being home-based care. “Historically, we’ve been primarily a hospice company, but I think what we’ve learned in hospice care is …

Hospice Provider Compassus Sees a Future Delivering High-Acuity Care in the Home Read More »

Jet Health Lands Signal Home Health & Hospice in Ongoing Expansion Push

With its latest purchase of San Antonio, Texas-based Signal Home Health & Hospice, Jet Health continues its strategy of co-locating hospice operations with its home health offerings. That has become a calling card for the company, similar to several other home-based care providers. Jet Health announced the Signal deal on Monday without disclosing any financial …

Jet Health Lands Signal Home Health & Hospice in Ongoing Expansion Push Read More »

Transactions: Amedisys acquires VNA’s Home Health Assets; AccordCare Expands Medicaid Business

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 …

Transactions: Amedisys acquires VNA’s Home Health Assets; AccordCare Expands Medicaid Business Read More »

‘Choose Home’ Legislation Gaining Significant Support in Congress, Nearing Formal Introduction

“Choose Home,” major legislation designed to help more people age in place, is gaining momentum on Capitol Hill. There’s even a chance a Choose Home bill is introduced before Congress’s July 4 recess. That’s according to National Association for Home Care & Hospice (NAHC) President Bill Dombi. If introduced and eventually enacted, Choose Home would …

‘Choose Home’ Legislation Gaining Significant Support in Congress, Nearing Formal Introduction Read More »

AccentCare Enters Two New Markets with Purchase of Southeastern Health Care at Home

AccentCare announced Monday that it has purchased Southeastern Health Care at Home from private equity firm Geneva Glen Capital. Southeastern Health Care at Home is the largest privately-owned home health services provider in Pennsylvania. In addition to home health care, the company delivers hospice and mobile primary care services, plus palliative and wound care services. …

AccentCare Enters Two New Markets with Purchase of Southeastern Health Care at Home Read More »

A Value-Based Insurance Design (VBID) hospice overview: In-network vs. out-of-network providers

Commonly known as the Medicare Advantage hospice carve-in, the Value-Based Insurance Design model officially launched January 1, 2021, with 53 Medicare Advantage Plans offering the benefit in 206 counties within 13 states and Puerto Rico. In each VBID model year, CMS releases a request for application (RFA) for existing and additional Medicare Advantage organizations to

Bayada, VCU Health System Form New Joint Venture; Choice Health Makes Multiple Acquisitions

Bayada’s new home health JV Bayada Home Health Care and VCU Health System have formed a new home health and hospice joint venture in Richmond, Virginia. The new company, named “VCU Health at Home by Bayada,” is expected to start accepting patients within the next six to nine months. The enterprise will serve patients in …

Bayada, VCU Health System Form New Joint Venture; Choice Health Makes Multiple Acquisitions Read More »

Aveanna Details Big Plans for Home Health M&A in First Official Earnings Call

Fresh off of its market debut last month, Aveanna Healthcare Holdings, Inc. (Nasdaq: AVAH) is throwing its weight behind home health. Since going public, the company has made moves to position itself as a major player within the home health space. Aveanna plans to aggressively pursue home health M&A opportunities, Rod Windley, executive chairman of …

Aveanna Details Big Plans for Home Health M&A in First Official Earnings Call Read More »

How SNF Operator Masonicare Leveraged Its Home-Based Care Services to Adapt to COVID-19

In the age of COVID-19, companies operating in the senior care space have been forced to be adaptable. It’s in this environment where Masonicare — a skilled nursing facility (SNF) operator — began amplifying its home-based care services while downsizing its facilities. Wallingford, Connecticut-based Masonicare is a not-for-profit senior care provider that operates independent living, …

How SNF Operator Masonicare Leveraged Its Home-Based Care Services to Adapt to COVID-19 Read More »

4 vital workflow steps for effective revenue cycle management

It’s been a challenging year for home health agencies. From some of the biggest regulation changes in decades to a looming pandemic, the financial consequences of these challenges are proving to be significant. In our latest blog, we discuss the importance of workflow and why it must be effectively structured. Read our blog for four …

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Addus Encouraged by Vaccine Progress, New HCBS Policies

Typically, when executives talk about their companies “having to weather the storm,” they’re speaking figuratively. That wasn’t the case for Addus HomeCare Corporation (Nasdaq: ADUS) on Tuesday. Addus CEO and Chairman Dirk Allison talked about the negative impact that the February winter storms had on the home-based care provider’s business during the company’s Q1 2021 …

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Looking to Build Market Share, Amedisys Rolls Out SNF-at-Home Pilot Program

Amedisys Inc. (Nasdaq: AMED) hasn’t been shy about the company’s plans to gain an even larger share of business from other post-acute care operators. With that in mind, the company has been focused on setting up shop in the SNF-at-home space, pairing skilled home health care with non-medical personal care services. Those efforts have now …

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Votive Health Raises $2.5M to Help Home-Based Care Providers Make Value-Based Arrangements

Votive Health — a technology startup that facilitates payer-provider integration — formally announced its launch and first funding round on Wednesday. The company raked in $2.5 million in a round led by Flare Capital Partners, with Chrysalis Ventures and OCA Ventures as co-investors. San Luis Obispo, California-based Votive Health is a technology-enabled network manager that …

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Encompass Health Pens Deal to Acquire Home Health Assets of Frontier

Ahead of this week’s upcoming earnings call, Encompass Health Corp. (NYSE: EHC) has locked in an agreement to acquire the home-based care assets of Frontier Home Health and Hospice. The company announced the news Monday. The financial terms of the deal were not disclosed. Birmingham, Alabama-based Encompass Health delivers care in both facility- and home-based …

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Para este enfermero de cuidados paliativos, la vacuna de covid llegó demasiado tarde

Antonio Espinoza amaba a los Dodgers de Los Angeles. Los quería tanto que para su velatorio lo vistieron con su camiseta del equipo. Su familia y amigos, incluido su hijo de 3 años, también usaron remeras, y gorras de béisbol azul y blancas, en su honor. Espinoza murió de covid a los 36 años, apenas …

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For This Hospice Nurse, the Covid Shot Came Too Late

CORONA, Calif. — Antonio Espinoza loved the Los Angeles Dodgers. He loved them so much that he was laid to rest in his favorite Dodgers jersey. His family and friends, including his 3-year-old son, donned a sea of blue-and-white baseball shirts and caps in his honor. Use Our Content It can be republished for free. …

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Amedisys Buys Back $73M in Stock, Forms JV Partnership with UMC Health System

Amedisys Inc. (Nasdaq: AMED) announced Monday that it has repurchased $73 million in stock. The move comes just a few days after Amedisys also executed a new joint venture with the UMC Health System. Baton Rouge, Louisiana-based Amedisys is one of the largest home health companies in the country, with more than 500 care centers …

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EVV Difficulties Creating M&A Opportunities for Addus HomeCare Corporation

Over the last few months, Addus HomeCare Corporation (Nasdaq: ADUS) has had to deal with a challenging legislative environment and significant COVID-19 surges that have affected clients and caregivers alike. Still, the Frisco, Texas-based in-home care provider is maintaining its course, particularly when it comes to M&A activity in 2021. “We continue to evaluate and …

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Pennant Plans to ‘Put Capital to Work’ in Its Home Health Business

The Pennant Group Inc. (Nasdaq: PNTG) is sitting on a newly increased revolving line of credit, giving it plenty of M&A firepower to work with moving forward. The company specifically plans on putting “a lot of capital to work” in its home health business, executives noted during a Thursday earnings call. The Eagle, Idaho-based Pennant …

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Grant Avenue Capital Makes First Transaction in Buy-and-Build Home Health Play

Grant Avenue Capital recently acquired Salt Lake City-based Valeo Home Health & Hospice from Eduro Healthcare, an operator of skilled nursing facilities. The financial terms of the deal were not disclosed. New York-based Grant Avenue Capital is a middle-market private equity firm focused on health care. Founded in 2011, Valeo Home Health & Hospice has …

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Encompass Health Building MA Momentum, Still Exploring ‘Strategic Alternatives’ for Home Health Business

All eyes have been on Encompass Health Corp. (NYSE: EHC) since the company first announced it would be “exploring strategic alternatives” for its home health and hospice segment in December. At the time, Encompass Health said it was exploring a number of options for its home health and hospice business. Specific options cited by the …

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AccentCare Announces New COO; Humana Names First Chief Health Equity Officer

AccentCare appoints Chris Dimos as COO AccentCare has named Chris Dimos its chief operating officer. Dallas-based AccentCare has over 200 locations across the U.S. As a company, it provides skilled home health and personal care services, along with hospice care, private-duty nursing and care management services. Prior to joining AccentCare, Dimos was the president of …

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59% of Health Care CFOs See Home Care as Key Investment Area

The majority of health care financial leaders view home care as a key area of investment. That’s according to a recent survey from BDO, a Chicago-based accounting, tax, financial advisory and consulting organization. Released Monday, the survey includes the responses of 100 CFOs at U.S. health care organizations, including home health providers, with revenues ranging …

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New York Moves Up COVID-19 Vaccination Eligibility for Home Care, Hospice Workers

Home care and hospice workers are now part of the pool of New Yorkers eligible to receive the COVID-19 vaccine. The New York State Department of Health originally announced that home care and hospice workers would be eligible to receive the first dose of the vaccine starting on Jan. 11. This placed these individuals in …

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$1.4 Trillion Spending Package Extends Sequestration Holiday, Grants Home Health OTs More Authority

As different health care stakeholders combed through the new $1.4 trillion spending package approved by Congress on Monday, many likely felt a mix of excitement and disappointment. Included in the nearly 6,000-page spending package was a $900 billion COVID-19 relief bill, changes to home health therapy rules, certain hospice provisions and more. That’s really just …

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AccentCare, Seasons Finalize Merger Aimed at Streamlining Patient Care

AccentCare and Seasons Hospice & Palliative Care have cleared all regulatory hurdles and officially merged, the post-acute care providers announced Tuesday. The Dallas, Texas-based AccentCare is ranked as the fifth-largest home health provider in the nation in terms of overall market share, according to LexisNexis statistics. Similarly, the Rosemont, Illinois-based Seasons is listed as the …

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The Care Team Expands Footprint with InTeliCare Purchase; CareFinders Buys Union Home Care

The Care Team acquires InTeliCare Private equity-backed The Care Team has acquired InTeliCare Home Health & Hospice. The financial terms of the deal were not disclosed. Farmington Hills, Michigan-based The Care Team is a home-based care provider that delivers a variety of services including nursing, therapy and hospice services across central and eastern Michigan. The …

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Encompass Health Exploring ‘Strategic Alternatives’ for Home Health, Hospice Segment

There may soon be a major shakeup of the home health and hospice markets. Encompass Health Corp. (NYSE: EHC) announced Tuesday it is “exploring strategic alternatives” for its home health and hospice business, which brought in total segment revenue of $274.5 million in the third quarter of 2020 and $1.09 billion in all of 2019, …

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Legislation Aimed at Expanding Advance Care Planning Introduced in Senate

On Wednesday, Sen. Richard Blumenthal (D-Conn.) introduced the Compassionate Care Act, a bill that would support advance care planning and end-of-life care. For home health providers with existing hospice service lines or ambitions for expanding into palliative care, the news is encouraging. If passed, the Compassionate Care Act places more resources behind public awareness campaigns …

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States Starting to Prioritize Home Health, Hospice Workers in Vaccination Plans

Pfizer, Moderna and the University of Oxford are among the organizations to tout highly effective COVID-19 vaccines this month. With “the cavalry coming,” the focus is now shifting to how, when and where vaccines should be distributed. In September, the American Health Care Association (AHCA) and National Center for Assisted Living (NCAL) urged state leaders …

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‘They’re Calling Us Up, Asking for Help’: How Health System Struggles Factored into the AccentCare-Seasons Merger

The coronavirus didn’t directly lead to the recently announced merger between AccentCare Inc. and Seasons Hospice & Palliative Care, but it played a pretty prominent role. On Monday, Dallas-based AccentCare and Rosemont, Illinois-based Seasons revealed they’ll soon join forces to create a new post-acute care powerhouse. While the decision to merge made sense due to …

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How TRU Community Care Used Telehealth to Revamp Its Palliative Care Program

Despite a vital need for palliative care in community settings, home-based care providers have been slow to invest in such services. Providers have often cited financial concerns as a roadblock. Yet those providers that have turned their attention to palliative care frequently see positive returns. TRU Community Care, for example, saw its palliative care segment …

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AccentCare, Seasons Hospice to Merge

AccentCare Inc. and Seasons Hospice & Palliative Care are merging. Dallas-based AccentCare — owned by global private equity firm Advent International — is among the five largest home health providers in the country, according to industry data. The Rosemont, Illinois-based Seasons holds the same distinction in the U.S. hospice market. “Accentcare is doing very, very …

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Pennant ‘Encouraged’ by Vaccine News, But Not Assuming Near-Term Changes to Home Health Operating Environment

Home health providers across the board are slowly starting to bounce back from COVID-19-related disruption. One thing that now provides further hope is a potential vaccine, especially as the U.S. continues to break daily records around new infections. The Pennant Group Inc. (Nasdaq: PNTG) is among the providers rallying around this week’s positive vaccine news, …

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M&A Experts ‘Can’t Recall a Time When Demand Has Been Higher’ in Sizzling In-Home Care Market

M&A activity across home health, hospice and in-home care appeared to be “business as usual” at the start of 2020. COVID-19 froze the market in March, however, causing both buyers and sellers to bide their time. But dealmaking action is finally starting to heat up again, multiple M&A experts confirmed to Home Health Care News. …

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LHC Group, Christus Health Expand Joint Venture Partnership

LHC Group Inc. (Nasdaq: LHCG) has inked another joint venture agreement. On Thursday, the Lafayette, Louisiana-based home health, hospice and personal care services provider announced plans to expand its existing JV partnership with Christus Health, a nonprofit health system out of Irving, Texas. LHC Group and Christus have been JV partners since 2017. “Our experience …

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Home Health Buyers, Sellers Headed Toward Frenzied Finish to M&A in 2020

Charter Health Care Group — a PE-backed post-acute care platform company with multiple locations across five states — announced Tuesday the acquisitions of both Vitality Home Healthcare and Heartwood Home Health & Hospice. The news comes less than two weeks after Bridges Health Services similarly announced a series of transactions at the start of October. …

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Recently Launched Alivia Care Plans to Enter ‘Saturated’ Home Health Market

Alivia Care Inc., a new operator in the senior care space, has plans to enter the home health market. Launched at the end of September, Alivia currently provides hospice and palliative care throughout the Jacksonville, Florida, area. The company’s history is tied to Community Hospice & Palliative Care, which now provides care as Alivia’s subsidiary, …

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Caring People Acquires Acappella In Home Care, Aging Care and AMR Care Group

Caring People is staying busy on the acquisition front. In fact, the New York City-based Caring People has completed a handful of strategic deals — with a focus on care management organizations — in the last few months alone. The acquisitions consist of Acappella In Home Care, Aging Care LLC and AMR Care Group, all …

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Mission Healthcare Keeps Patients Out of ‘No Man’s Land’ with New Palliative Care Program

Today, just a fraction of community-based palliative care programs are operated by home health providers. But the Patient-Driven Groupings Model (PDGM) and a shift away from fee-for-service Medicare will likely change that moving forward. Throughout the health care world, the term “palliative care” often carries a different meaning from one organization to the next. In …

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Despite Ongoing Operational Challenges, Brookdale Rebuilding Home Health Census

Brookdale Senior Living Inc. (NYSE: BKD) has performed over 100,000 COVID-19 tests across 44 states since the public health emergency began. It has been doing that while rebuilding its home health patient census, which took a substantial hit due to elective surgeries shutting down in spring. Brentwood, Tennessee-based Brookdale operates and manages more than 730 …

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LHC Group CFO: Historic Home Health Consolidation Opportunity Remains ‘Compelling as Ever’

Since the worst stretch of the public health emergency, LHC Group Inc. (Nasdaq: LHCG) has seen a decrease in weekly COVID-related missed visits and improved its average daily census. It has also added thousands of new physician referral sources, a win for the company considering many institutional sources are at a standstill.  Those are just …

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Encompass Health CEO Mark Tarr: It’s in Every Company’s Best Interest to Make Diversity a Priority

Across the U.S., ongoing protests against police violence toward Black Americans and other people of color have caused many companies to take a closer look at issues pertaining to workplace diversity and inclusion. For some companies, this time has been a call to action, with many announcing plans to develop initiatives aimed at addressing inequality …

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Home Health, Hospice Multiples Hit Record High Amid COVID-19 Emergency

Despite the economic turmoil of the ongoing COVID-19 emergency, home health and hospice multiples hit record-breaking numbers in the first half of 2020.  Specifically, multiples reached 29 times in the early part of this year, beating their previous high of 26 times in 2019, according to a recent report by PricewaterhouseCoopers’ (PwC) Health Research Institute. …

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Interest in Standalone Home Health Agencies Appears to Be Waning

Increasingly, home health providers have worked to expand their service offerings to care for patients on a more longitudinal basis. Mergers-and-acquisitions activity in the second quarter of 2020 reflected that trend. Specifically, Q2 saw a number of deals that consisted of home health care and hospice pairings, according to the latest monthly M&A report from …

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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 …

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