InnovAge (Nasdaq: INNV) went public earlier this year with a $350 million IPO. It has since set its sights on expansion. The largest Program of All-Inclusive Care for the Elderly (PACE) organization in the country, InnovAge is bullish on its ability to do just that, thanks to both internal confidence and also external, regulatory tailwinds. …
InnovAge CEO Maureen Hewitt: PACE Tailwinds Stronger Than Ever Read More »
At a time when the home care industry is plagued with workforce shortages, Senior Helpers, 24 Hour Home Care and ComForCare have made a name for themselves as best-in-class employers. Among common retention tactics, all three organizations actively elicit feedback by surveying staff on a regular basis. Senior Helpers, 24 Hour Home Care and ComForCare …
How Seniors Helpers, ComForCare and 24 Hour Home Care Are Building Great Places to Work Read More »
Since last spring, home care companies have had to battle through an ongoing pandemic and a worsening labor crisis. They’ve had to face those challenges, too, while trying to meet the needs of a rapidly growing U.S. senior population. In many ways, it has felt like trying to stay afloat in an endless wave pool, …
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/. Lakelyn Hogan, a gerontologist and caregiver advocate at Omaha, …
Future Leader: Lakelyn Hogan, Home Instead Gerontologist and Caregiver Advocate Read More »
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 …
Future Leader: Chelsey Ammons, Care Advantage’s Vice President of Nursing Read More »
Often in the home-based care field, transactions are driven by companies seeking to expand their service lines to become one-stop shops for referral partners. Sometimes, however, dealmaking is ignited by a desire to double down on existing expertise. An example of the latter M&A tactic happened Wednesday, with 24 Hour Home Care buying the non-medical …
24 Hour Home Care Buys Non-Medical Division of Home Health ‘Bundling Expert’ GrandCare Read More »
Elder Care Homecare, HomeWell Care Services, 24 Hour Home Care and Georgetown Home Care (GHC) are four of the fastest-growing aging-in-place providers in the nation. Revenue diversification, cross-continuum partnerships and niche service offerings have allowed each home care business to maintain strong growth over the past 18 months, even during a pandemic that has triggered …
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 …
Care Advantage CEO on Caring for Anthem’s ‘Sickest and Frailest’ Members Read More »
After President Joe Biden announced Thursday a new, six-pronged approach to his administration’s COVID-19 strategy that requires most home health workers to be vaccinated against the virus, many questions and concerns remain. More clarity is likely to come to light as specific agencies deal with the next steps following the mandate’s release, like the Department …
‘For Many Providers, It’s Welcome News’: Breaking Down the White House Vaccine Mandate Read More »
Amazon’s (Nasdaq: AMZN) plan to become an at-home care player through Amazon Care came to fruition quickly. Unsurprisingly, the next steps are taking place at a similar pace. Currently limited to a few areas in the U.S. — including Washington state, Washington, D.C., and Baltimore — Amazon Care is set to expand to 20 more …
Home-based care players tout their ability to proactively aid seniors’ health, as opposed to just reactively, and for good reason. Their ability to do just that makes them valuable to patients, payers and partners. To continue keeping seniors safe while they age in place, however, there’s another issue they’ll have to address proactively: increasingly prevalent …
‘It’s Impacting the Entire Industry’: The Threat Climate Change Poses to Home-Based Care Read More »
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 …
Yet another East Coast state may soon see a COVID-19 vaccination mandate for home care workers. Following last week’s news that New York state adopted a vaccination mandate for home-based care workers, Massachusetts is considering expanding the requirements in place for nursing homes to include this group. Roughly a month ago, Massachusetts Gov. Charlie Baker’s …
Geriatric care managers. Care coordinators. Aging life care professionals. Care navigators. Whatever you want to call them, the experts trained and experienced at handling the care needs of aging adults are playing an increasingly important role in the home care industry. To some extent, that’s simply true because older Americans are turning to home care …
How Geriatric Care Management Businesses Can Accelerate Growth for Home Care Operators Read More »
Right at Home has teamed up with the National Minority Health Association (NMHA) and its COVID-19 vaccination reward program, Flex for Checks. “It’s a really great holistic program that we are pretty excited about,” Kerin Zuger, chief of strategic growth at Right at Home, told Home Health Care News. Right at Home has more than …
Elara Caring hires chief operating officer Elara Caring has named Ananth Mohan its chief operating officer. “Ananth is joining Elara Caring at a time when his expertise is needed most,” Scott Powers, CEO of Elara Caring, said in a statement. “The addition of his strong health care operations background to our leadership team comes as …
Elara Caring Names COO; Prospero Health Appoints C-Suite Executives Read More »
New York home-based care workers wondering if a COVID-19 vaccine mandate is around the corner will soon have an answer. On Thursday, the New York Department of Health, Codes Committee of the Public Health and Health Planning Council (PHHPC) will meet to consider implementing an emergency regulation regarding “Prevention of COVID-19 Transmission by Covered Entities.” …
Vaccine Mandate Might Be Right Around the Corner for Home-Based Care Providers Read More »
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 …
Home Helpers Home Care announced Monday that it’s rolling out a new service offering to fill care gaps and reduce preventable hospital admissions. The private equity-backed franchiser’s rollout comes as more non-medical home care organizations boost their care capabilities to better serve potential payer and referral sources. Home Helper had spent much of the past …
Several of home care’s biggest names made it on to Fortune’s “Best Workplaces in Aging Services” list for 2021, including several that have earned the recognition in the past. Released Friday, the Best Workplaces in Aging Services list is put together each year by Activated Insights, a subsidiary of Great Place to Work. The ranking …
ComForCare, 24 Hour Home Care Among 2021’s ‘Best Workplaces in Aging Services’ Read More »
Home-based care is going to be a larger part of health care’s future. As a result, it’s beginning to attract considerable attention from entrepreneurs and other innovators. But as new trends arise with the shift toward the home, including new technology, partnership opportunities and payment models, it’ll be up to each provider to decide whether …
How Home-Based Care Providers Can Prove Their Worth to Payers Read More »
The COVID-19 pandemic has shed light on the need for home- and community-based services (HCBS), with that attention likely to lead to new funding and regulatory flexibilities moving forward. At the same time, however, the public health emergency (PHE) has disrupted the HCBS space more than anything in history. In fact, the amount of Medicaid …
Best Life Brands, a holding company that has a portfolio of companies across the care continuum, announced Thursday the launch of its newest franchise brand: Boost Home Healthcare. Backed by the private enquiry firm The Riverside Company, the Bloomfield Hills, Michigan-based company’s arsenal already includes the personal home care provider ComForCare — known in the …
Best Life Brands Launches New Home Health Offering ‘Boost Home Healthcare’ Read More »
Honor captured most of the headlines last week when the San Francisco-based company announced it had acquired Home Instead Inc., the international home care franchiser founded by Paul and Lori Hogan more than 25 years ago. Even as somebody who follows both Honor and the home care franchising world closely, this deal caught me off …
Signify Health Inc. (NYSE: SGFY) is encouraged to know that its clients are satisfied with its evaluations. Specifically, clients are satisfied with the in-home evaluations that the company provides. Although virtual visits gained significant popularity amid the pandemic, patients see major upside to Signify’s in-person visits, CEO Kyle Armbrester said on a Q2 earnings call …
Signify Health CEO: Demand for In-Home Care Services ‘High as Ever’ Read More »
Non-medical home care was on the rise prior to 2020, as Medicare Advantage plans and health systems began investing more heavily around social determinants of health and activities of daily living. The COVID-19 pandemic, however, has arguably made home care the hottest corner of the senior care world. There are dozens of home care companies …
Home Care Companies to Watch in the Final Months of 2021 Read More »
In the past year, ModivCare Inc. (Nasdaq: MODV) has hit the ground running in the home-based care space. With recent acquisitions, the company is further leaning into its goal of transforming from a transportation logistics company to a provider of holistic supportive care solutions designed to address social determinants of health. Daniel Greenleaf, the president …
One of the home care industry’s top research and education firms is looking to take its game to the next level. Private investment firm Cressey & Company announced Wednesday that it’s making “a significant investment” into the Rexburg, Idaho-based Home Care Pulse. Exact terms of the investment were not disclosed. Founded in 2008, Home Care …
Cressey & Company Makes ‘Significant Investment’ in Home Care Pulse Read More »
Addus HomeCare Corporation (Nasdaq: ADUS) has remained laser focused on one goal for some time now: building out all three of its home-based service lines in markets where it is already present. That requires a strategic and aggressive M&A strategy, which Addus has executed in the past year. It plans to continue making moves in …
Addus Doubles Credit Facility to $600M, Maintains Focus on Home Health Expansion Read More »
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 …
Home care hasn’t always had a reputation for great employee perks or benefits packages, but a handful of providers are beginning to change that. In other sectors, including the technology and startup worlds, perks like free daily meals, access to wellness programs and 401(k) matching, with stock options, are relatively common. Some home care operators …
Alliance, Royal Care Slash Caregiver Turnover by Investing in Creative Benefits Read More »
ModivCare Inc. (NYSE: MODV), the non-emergency medical transportation (NEMT) company that’s quickly becoming a major player in the home-based care space as well, announced Monday plans to buy CareFinders Total Care for $340 million. Once the deal is finalized, ModivCare will initially combine the CareFinders business with its existing personal care capabilities from Simplura Health …
ModivCare CEO on $340M CareFinders Deal: Our Goal Is to Build Out a National Platform Read More »
Last September, ModivCare Inc. (NYSE: MODV) acquired the large personal care services provider Simplura Health Group for $575 million. Less than nine months later, ModivCare President and CEO Daniel Greenleaf shared a vision for growing his company to a $1 billion home-based care player with a true national footprint. ModivCare has now taken a giant …
ModivCare to Acquire CareFinders Total Care in $340M Deal Read More »
Help at Home — a private equity-backed provider of home- and community-based care — has acquired Community Care Systems (CCS). Financial terms of the transaction were not disclosed. Founded in the 1908s, the Illinois-based CCS will become part of the Help at Home network, adding 13 additional locations and nearly 6,000 new clients. With nearly …
Help at Home Continues Executing on Growth Strategy, Acquires Community Care Systems Read More »
The face of home care ownership is changing. In recent months, a number of home care franchise companies have seen a surge in interest from front-line caregivers and nurses who want to make the transition to the franchisee-ownership level. There has always been an interest in becoming home care owners among the front-line workforce, but …
Two of the largest concierge-level caregiving, private nursing and care management firms in Houston, Texas, have merged. On Tuesday, Family Tree In-Home Care and Evergreen Private Care of Houston announced that the two companies have formally joined forces. The announcement echoes the increasing amount of consolidation happening in the home-based care space, as operators try …
‘Friendly Home Care Competitors’ Family Tree and Evergreen Announce Merger Read More »
Aging in place — which includes daily essential activities, health and safety awareness, care coordination, transition support and home-based care — is a $151 billion market. That’s according to a new report from The Holding Co. and Pivotal Ventures. “The [market growth] is driven from older adults themselves,” Jocelyn Ling Malan, business design partner at …
Aging-in-Place Market Valued at $151B, But Still Overshadowed by Other Care Settings Read More »
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 »
Health insurer Regence BlueShield has partnered with DispatchHealth to give its members access to hospital-at-home and mobile high-acuity services. “Hospitalizations in the home is a groundbreaking and exciting shift in care delivery,” Dr. Drew Oliveira, senior executive medical director at Regence, said in a press release. “Our partnership with DispatchHealth enables Regence members to receive …
Help at Home — the private equity-backed home-based care company rumored to be exploring a public offering — has solidified its leadership team. The Chicago-based Help at Home named board member Chris Hocevar as its CEO in March, with Hocevar replacing former CEO Paul Mastrapa. The company on Thursday announced eight other key C-suite hires, …
UnitedHealth Group (NYSE: UNH) leaders highlighted key growth drivers for the company during a Thursday morning conference call on Q2 2021 financial results. Execs honed in on three main investment areas, with one being a continued bet on Optum, its in-home care provider. UnitedHealth Group has been one of the more active payers as far …
UnitedHealth Group CEO: Future Growth Will Come from Home-Based Care Investments Read More »
From low wages to a lack of career advancement opportunities, there are a number of issues that plague the caregiver workforce. Under the current presidential administration, however, there’s a chance to reexamine the state of the caregiver workforce and implement several changes that could improve the profession, thus ensuring care for seniors. PHI, a New …
Crisis in Direct Care ‘Will Explode’ Without Immediate Government Support, PHI Warns Read More »
Addus HomeCare Corporation (Nasdaq: ADUS) has signed a definitive agreement to acquire Armada Skilled Home Health and Hospice, further building out its already sizable footprint in the state of New Mexico. It’s yet another step for Addus in its quest to build out home health, hospice and personal care lines in specific markets and states, …
Addus to Acquire Home Health, Hospice Provider Armada for $29M Read More »
On Tuesday, individuals will gather in New York’s City Hall Park for a rally spearheaded by the 1199SEIU Homecare Workers union in support of the Better Care Better Jobs Act — which would inject funds into home-based care. These individuals will include home health workers from the Visiting Nurse Service of New York (VNSNY) Partners …
VNSNY and SEIU Show Employer-Worker Unity for Better Care Better Jobs Act Read More »
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 …
While the COVID-19 crisis’ primary effect on the home care industry may have been temporary, its secondary effects could be more long-lasting. The same idea holds true for other aging services providers as well. A recent report from the American Health Care Association (AHCA) highlighted the economic headwinds that providers are facing even as the …
As Pandemic Eases, Home Care Providers Discover Some Costs Stick Read More »
As the U.S. population ages, there has been a struggle to keep up with the demand for caregivers. Building the caregiver workforce will take a number of strategies that each address the various challenges that these workers face. Several recommendations were highlighted in a new report by the Global Coalition on Aging (GCOA) and Home …
Report Sheds New Light on Looming Caregiving Crisis Read More »
Home care franchise companies may be in the midst of a major growth period brought on by the COVID-19 emergency. With that in mind, it’s not too surprising that Nurse Next Door is seeing a surge across all three of its operational markets. Vancouver, Canada-based Nurse Next Door is a home care franchise system that …
Nurse Next Door Exec: ‘There Has Never Been More Interest in Home Care Franchising’ Read More »
McAnanly takes over at FirstLight FirstLight Home Care announced Wednesday that it has picked its new president. The appointment comes roughly seven months after FirstLight’s board of directors sought a change in leadership from former CEO Jeff Bevis, who founded the home care company with his son in 2009. Moving forward, the Cincinnati-based FirstLight will …
FirstLight Announces New President; Humana Home Care Leader Named CFO Read More »
Two senior living providers — LifeSpire of Virginia and Pinnacle Living — have teamed up to provide home-based care services through a new joint venture agreement. The partnership comes at a time when more senior living providers are incorporating home-based care into their service lines, a trend that hasn’t played out too well in the …
LifeSpire of Virginia, Pinnacle Living Form Home-Based Care Joint Venture Read More »
Tabula Rasa HealthCare (Nasdaq: TRHC) — a provider of data-driven technology solutions — continues to tout the Program of All-Inclusive Care for the Elderly (PACE) model as an avenue for itself and home-based care to grow. With at-home care and medication usage focuses, Tabula Rasa sees PACE as a major part of senior care’s future. …
Tabula Rasa Co-Founder: More Home-Based Care Agencies Should Get Involved in PACE Read More »
It has been over a year since industry insiders predicted that home care franchise systems could experience accelerated growth brought on by the COVID-19 pandemic. Following rising unemployment and widespread business closures, many believed prospective entrepreneurs would turn to more mission-oriented careers, with home care and aging-in-place models presenting lots of upside. While it’s difficult …
Home Care Franchise Growth Isn’t Slowing Down Any Time Soon Read More »
One of the largest independent home care companies in the Pacific Northwest is getting larger, and it’s doing so to position itself as a better partner to payers and health systems. The Liberty Lake, Washington-based Family Resource Home Care announced Tuesday that it is acquiring two independent home care providers based in Oregon, bringing its …
ModivCare Inc. (Nasdaq: MODV), previously known as The Providence Service Corporation, wants to claim the vast but highly fragmented U.S. supportive care space. To do so, it’s in the process of becoming a one-stop shop for its payer partners, with home-based care at the core of its evolving business model, President and CEO Daniel Greenleaf …
ModivCare CEO Shares Playbook for ‘Claiming the Supportive Care Space’ Read More »
The COVID-19 crisis came in a hurry. The government, therefore, had to create programs and grants in a hurry to offset some of the financial woes that health care providers were facing. The Paycheck Protection Program (PPP), Provider Relief Fund and other funding was much needed to keep many home-based care operations afloat. But as …
PPP Forgiveness Continues to Slow Down the Home Health M&A Process Read More »
Home care companies looking to lean into Medicare Advantage (MA) opportunities in their markets will have to plan prudently. That planning must be pretty comprehensive, too, as there’s no silver bullet to winning MA business. That’s according to ATI Advisory founder and CEO Anne Tumlinson, who spoke at the Home Health Care News Medicare Advantage …
Why Home Care Providers Should Stand Strong in Negotiations with MA Plans Read More »
The Medicare Advantage (MA) opportunity isn’t one that has happened overnight for home care providers, with some industry insiders even describing it as a “slow burn.” In more recent years, a shift has begun to take place, however. Although MA has become a bigger piece of the overall Medicare program puzzle, home care only stepped …
How the Medicare Advantage Landscape Has Evolved for Home Care Providers Read More »
While Addus HomeCare Corporation (Nasdaq: ADUS) has long been known as a personal care giant, it’s increasingly expanding in the more clinical home-based care arenas. It’s doing so, too, while going after more value-based payment arrangements, Chief Strategy Officer Darby Anderson recently told Home Health Care News. As a company, the Frisco, Texas-based Addus delivers …
Help at Home — a provider of home- and community-based services (HCBS) — is considering going public. The Chicago-based company has even selected banks to help it prepare for an IPO later this year, Bloomberg News reported. More providers are considering public exits thanks to an increasing demand for home-based care, promising outlooks for public …
Help at Home Reportedly Planning to Go Public by Year’s End Read More »
Home-based care providers are hampered by their use of outdated communications tools, a new report from Citus Health and Porter Research claims. New York-based Citus Health is a digital care coordination platform that serves the home-based care industry. The company’s platform facilitates communication between family members, care providers and the patient. Released Wednesday, the report …
Outdated Communication Methods Are Holding Home-Based Care Providers Back Read More »
The Medicare Advantage (MA) program has carved out a larger role in the general Medicare universe over the last several years. The MA piece of the pie is projected to grow even further, giving home care providers plenty of opportunities to step into this space. The number of beneficiaries who have chosen MA in lieu …
Jump-starting a struggling company is no easy feat. For InHome Healthcare Services, this meant having a strong grasp on its local market and filling care gaps in the community. Before InHome Healthcare Services was a single company, it was two individual agencies: Good Life Homecare in Monterey, California, and Wilshire Healthcare in Fresno, California. In …
InHome Healthcare Services Sets Sights on Growth Following Home Health Turnaround Read More »
Bickford Senior Living is stepping into the home-based care space with the launch of Bickford Home Care. To pull this off, the senior living operator has teamed up with the HomeCare Advocacy Network (HCAN). Founded in 1992, Olathe, Kansas-based Bickford Senior Living provides care for more than 3,000 residents in 65 locations. Meanwhile, HCAN is …
Home-based care providers had plenty of COVID-19-related challenges to overcome, including personal protective equipment (PPE) shortages and cash-flow difficulties. Yet caregiver churn remains the top concern for many in-home care operators. It’s one of the greatest roadblocks to growth as well. The public health emergency has only compounded the staffing challenges that have plagued providers …
Caregiver Churn Remains Key Challenge for Home-Based Care Providers Read More »
The COVID-19 public health emergency has solidified the home as a viable and effective care setting. That, in turn, has led to meaningful opportunities for home-based care providers, especially those with diversified service lines. Addus HomeCare Corporation (Nasdaq: ADUS) is a prime example. The company’s leadership team discussed the pandemic and its lasting impacts during …
The old adage “there is strength in numbers” has stood the test of time because it’s largely true. To remain competitive and gain an edge over competitors, home care operators must form strategic partnerships with a wide variety of organizations. Common examples include collaborations with transportation companies like Uber (NYSE: UBER) and Lyft (Nasdaq: LYFT), …
Strength in Numbers: Home Care Executives Reveal 2021’s Most Important Partnerships Read More »
The home care industry is rapidly changing. Perhaps nowhere is that change more evident than in the payer mix of home care operators. Historically, “home care” has often been thought of as a private-pay offering, something separate from other senior care services that are covered by Medicare, Medicaid or private insurance. But agencies have clearly …
Home Care Leaning Less on Private Pay, More on Government-Funded Programs Read More »
In the wake of a rebrand and leadership reorganization, HomeWell Care Services has hit its stride. The home care franchiser is seeing significant growth, despite all the change and other industry challenges. HomeWell is a Burkburnett, Texas-based home care franchise company that provides personal care, companionship and homemaker services. The company serves more than 3,000 …
HomeWell Increases System-Wide Revenue 45% Following Rebrand, Leadership Shakeup Read More »
Leaders across the senior care sector have banded together and are urging Congress to back legislation that will increase access to care services. And help is long overdue, they argue. For decades, aging services have been underfunded in the U.S., according to Katie Smith Sloan, president and CEO of the Washington, D.C.-based nonprofit LeadingAge. Sloan …
LeadingAge, Bayada Urge Congress to Invest in Aging Services Infrastructure Read More »
Paycheck Protection Program (PPP) loans from the Small Business Administration (SBA) were a godsend for a lot of home care agencies in 2020, allowing them to keep their heads above water during financial downturns and reward employees for conducting hazardous work. But now agencies must prepare for the aftermath of PPP in the form of …
Home-Based Care Providers with PPP Loans Can’t Bank on Forgiveness Read More »
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 »
In April, home care provider Family Tree In-Home Care acquired HomeCare of the Rockies. And while it seems like just another transaction, from the buyer’s perspective, it was anything but. The acquisition was Family Tree’s first since the pandemic began. Its growth strategy plans were severely delayed by the COVID-19 crisis, but the trends in …
Long-Term Clients, Referral Sources Give Home Care Sellers an M&A Edge Read More »
Ever since ModivCare Inc. (Nasdaq: MODV) entered the personal care space with a major acquisition last year, it has been working to solidify its place in the larger social determinants of health movement. ModivCare completed its personal care-focused acquisition of Simplura last November. The acquisition was an all-cash transaction that placed an enterprise value of …
Simplura Is First Block in ModivCare’s Mission to Build $1B Personal Care Business Read More »
It has been well documented that seniors can benefit from regular physical activity. As home-based care providers look to expand their services and differentiate their brands, fitness and wellness offerings likely offer a strong return on investment. One company, SilverSneakers, has seen how fitness can improve health outcomes in seniors firsthand. Nashville, Tennessee-based SilverSneakers is …
Home Care Companies Could See Healthy Gains with Fitness-Focused Partnerships Read More »
From the halls of Congress to the desk of President Joe Biden, home health providers have been generally encouraged by the federal government’s increased focus on home-based care. In the present, that sense of encouragement comes from billions of dollars in funding for home- and community-based services (HCBS), plus regulatory waivers for telehealth, paperwork requirements …
Encouraged by Legislative Tailwinds, LHC Group Considers Personal Care Expansion Read More »
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 …
Senior Helpers Names Strategy Leader; Griswold Home Care Appoints CFO Read More »
The Biden administration is releasing $1.4 billion in funding from the American Rescue Plan for Older Americans Act programs. Distributed by the Administration for Community Living, a chunk of the funds will go toward home- and community-based services. President Joe Biden originally signed the American Rescue Plan, a COVID-19 relief package, into law on March …
Biden Administration Releases $1.4B for HCBS, Senior Health Programs Read More »
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 …
Addus Encouraged by Vaccine Progress, New HCBS Policies Read More »
Like a shock to the system, the COVID-19 emergency has been a catalyst for major change across the health care continuum. Home-based care providers, in particular, have been forced to evolve in a multitude of ways. As an industry thought leader and expert in aging, Dr. Bill Thomas has always been at the forefront of …
Given a choice, the vast majority of U.S. adults would still prefer to receive long-term care in their own homes instead of moving into a nursing facility or senior living community, according to a new study from The AP-NORC Center for Public Affairs Research. But while nearly everyone wants to age in place, few actually …
Hoping to Age in Place, Americans Want Long-Term Care Help from Medicare Read More »
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 …
Looking to Build Market Share, Amedisys Rolls Out SNF-at-Home Pilot Program Read More »
Valeo Home Health lands Hearts for Hospice & Home Health Valeo Home Health & Hospice has acquired Hearts for Hospice & Home Health from Abode Healthcare. Valeo is PE-backed provider based in Millcreek, Utah, that provides a mix of post-acute care services Strategically, the acquisition increases Valeo’s presence in Utah, as Hearts for Hospice & …
PE-Backed Valeo Acquires Post-Acute Care Business; BrightSpring Finalizes Abode Deal Read More »
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 …
Encompass Health Pens Deal to Acquire Home Health Assets of Frontier Read More »
BrightStar Care has joined Moving Health Home (MHH) — a home-based care advancement coalition that counts Amazon Care and Intermountain Healthcare as members, among 9 other organizations. BrightStar Care is one of the largest home care franchises in the nation. The Chicago-based company’s overall network spans 340 personal care locations in 38 states, reaching about …
BrightStar Care Joins Amazon, Landmark Health on Home-Based Care Coalition Read More »
Home care operators have had to work around plenty of new challenges since last spring, from sourcing personal protective equipment to securing Paycheck Protection Program loans. Yet an old operational hurdle remains the toughest to overcome: staffing. Even amid the pandemic, most home care businesses have managed to grow. That growth has continued in 2021 …
Always Best Care CEO: No Silver Bullet to Home Care’s Staffing Problems Read More »
In the crowded home-based care market, providers have been forced to become increasingly more creative when it comes to their service offerings. One company, Accra, recently saw success with the growth of its unique financial management services program. The Minnetonka-based Accra is the largest provider of home care services in Minnesota. Among its offerings, the …
Why Minnesota’s Largest Home Care Provider Doubled Down on Financial Management Services Read More »
HouseWorks has named Michael Trigilio the company’s new CEO. Backed by health care investor RAB Ventures LLC, Newton, Massachusetts-based HouseWorks is an in-home care company that also offers home-modification services. HouseWorks is one of the nation’s largest independent home care companies. Trigilio officially took the helm of HouseWorks at the beginning of April. Prior to …
HouseWorks Plans Regional Expansion with New CEO Michael Trigilio at the Helm Read More »
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 …
Former Encompass Executive Joins Traditions Health; WellSky Appoints New CFO Read More »
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 …
Home-based care insiders have been saying for a long time what a wider group of people are now: Care needs to be brought into the home more frequently — and quickly. But accomplishing that won’t be so simple. In fact, turning the nation’s long-term care system into one that allows more seniors to age in …
‘There Is Not An Easy Solution’: How to Modernize Home- and Community-Based Services Read More »
New York home care providers that have been waiting to see if a caregiver wage hike would be included in the state budget recently got an answer. On Monday, the New York state budget was released, with the Health and Mental Hygiene bill published at the same time. The bill did not include the Fair …
112% Minimum Wage Hike Not Included in New York’s Final Budget Read More »
As part of the recently passed $1.9 trillion American Rescue Plan, state Medicaid programs have seemingly received a major bump in funding for vital home- and community-based services (HCBS). In theory, the bump is designed to help HCBS operators expand their services, attract new workers and take on more clients. Still, some in-home care providers …
Accra executive lands promotion Accra has promoted Susan Morgan to the role of chief operating officer. The Minnetonka-based Accra is the largest provider of home care services in Minnesota. Among its offerings, the nonprofit company delivers assisted living, home health and mental health services, caring for more than 9,000 clients statewide. Previously, Morgan served as …
Accra Names New COO; ConcertoCare Hires Chief Growth Officer Read More »
President Joe Biden is trying to make good on one of his main campaign promises. The Biden administration on Wednesday unveiled a new $2 trillion infrastructure proposal to create jobs, build roads, fix bridges and more. On top of that, the proposal — officially dubbed the American Jobs Plan — would substantially increase funding for …
Across the country, states are granting vaccine access to more and more individuals, with some even offering the opportunity to anyone over the age of 16. But for home-based care agencies, the fight to inoculate clients and seniors is still very much ongoing. Additionally, addressing hesitancy and stomping out misleading or false claims about the …
Addus COO lands promotion Addus HomeCare Corporation (Nasdaq: ADUS) has promoted Brad Bickham to the role of president and chief operating officer. Frisco, Texas-based Addus provides personal care, home health and hospice services to about 44,000 consumers, through 212 locations in 22 states. Bickham’s promotion was internal. He first joined Addus in 2017, previously serving …
Addus Promotes Bickham to President; WelbeHealth Names New CMO Read More »
For home care providers, the challenges surrounding workforce recruitment and retention have only worsened since the start of the COVID-19 emergency. But boosting caregiver wages could improve the industry’s labor shortage. That’s according to a recent report from researchers at The City University of New York (CUNY) and the Association on Aging in New York. …
Why Boosting Home Care Wages Now Could Offset Labor Losses Later Read More »
Traditionally, the home-based care world has been mostly void of massive unionization efforts among its workers. But that could change soon, thanks to a new ruling out of California related to “Assembly Bill 2455,” which the state passed in 2018. The bill aims to allow home-based care workers’ contact information to be unveiled, which gives …
State Bill Aiding Unionization in Home-Based Care Could ‘Set a Precedent’ Nationwide Read More »
The COVID-19 pandemic has passed the one-year mark. And since last spring, seniors have had to navigate a number of challenges. That’s according to a recent survey from home care franchise company Senior Helpers. Released late last week, the survey examines the feelings and behaviors of older adults — ages 65 and up — since …
Senior Helpers Trying to Stay Ahead of the Senior Care Curve Read More »
An innovative care concept designed to keep patients at home and out of skilled nursing facilities (SNFs) is reportedly gaining ground in Congress and among special interest groups. The concept — known as “Choose Home” — is a type of SNF-at-home model that leverages both medical and non-medical home care services for certain patients. LHC …
In response to an executive order from President Joe Biden, the Occupational Safety and Health Administration (OSHA) has launched a national emphasis program aimed at protecting workers from COVID-19 while on the job. OSHA, part of the U.S. Department of Labor (DOL), is responsible for assuring “safe and healthy working conditions” for most workers in …
OSHA’s Virus Protection Program Could Put Home Health Agencies Under the Microscope Read More »
Help at Home has a new CEO. The home- and community-based services provider announced Monday that current board member Chris Hocevar has been appointed chief executive officer, effective immediately. Hocevar replaces Paul Mastrapa, who previously served as a consultant and as the leader of Option Care before taking over as Help at Home’s CEO in …
Moving Health Home (MHH) — the recently announced home-based care advancement coalition — has a new founding member. Telehealth company Amwell (NYSE: AMWL) has joined an array of health care industry leaders from across the continuum that also includes Amazon Care and Intermountain Healthcare. Boston-based Amwell is a telehealth platform that supports urgent care, acute …
Amwell Joins the Ranks of Amazon, Intermountain on Home-Based Care Coalition Read More »
Addus HomeCare Corporation (Nasdaq: ADUS) — the personal care services powerhouse that has increasingly turned its attention to home health and hospice care over the past few years — has inked a new value-based care deal. The Frisco, Texas-based in-home care company announced Wednesday that it has entered into a “value-based post-acute care navigation agreement” …
Addus Enters Value-Based Care Deal with Presbyterian Health Plan Read More »
One of the faster-growing home care organizations in the United States is now trying to grow even faster. PE Hub reported Monday that CareFinders Total Care is trying to lock down additional growth capital. Hackensack, New Jersey-based CareFinders provides home care services to more than 8,500 patients throughout New Jersey, Pennsylvania and Connecticut. The company …
CareFinders Total Care Reportedly Pursuing Growth Capital Read More »
InnovAge (Nasdaq: INNV), a Program of All-Inclusive Care for Elderly (PACE) provider, officially went public Thursday. Denver-based InnovAge offers one of the largest PACE programs in the U.S. The company has about 1,900 employees and serves 6,600 seniors in Colorado, New Mexico, California, Pennsylvania and Virginia. In addition to its PACE offerings, InnovAge owns two …
‘We’re a Strong Alternative to Nursing Homes’: PACE Giant InnovAge Executes $350M IPO Read More »
An eclectic group of health care providers has formed a new organization dedicated to advancing home-based care. The long-term vision of the new entity, branded “Moving Health Home,” is to fundamentally change the way policymakers think about how, when and where patients are treated. The coalition, unveiled Wednesday, is made up by eight diverse founding …
Amazon Joins Home-Based Care Providers to Advocate for Better Health Care Policy Read More »
One of the biggest home health providers in the country is teaming up with one of the nation’s largest home care organizations. Birmingham, Alabama-based Encompass Health (NYSE: EHC) and Omaha, Nebraska-based Right at Home jointly announced a new preferred provider relationship on Tuesday. Broadly, the relationship is focused on “a strong mutual commitment to ongoing …
Encompass Health, Right at Home Collaborating on Value-Based Delivery Models Read More »
LHC Group Inc. (Nasdaq: LHCG) and Orlando Health announced Tuesday they are expanding their joint venture into St. Petersburg, Florida, by realigning Bayfront Home Health Services into the partnership’s portfolio. Bayfront Home Health Services was already owned by LHC Group, but now the home health provider will be controlled through the joint venture. “Bayfront Home …
LHC Group Expands In-Home Care Partnership with Orlando Health Read More »
Back in 2018, it felt like the health care sector was on the verge of a massive shift, driven by a desire from payers to better manage their members’ total cost of care with enhanced in-home capabilities. Much of that feeling came from watching Humana Inc. (NYSE: HUM). The Louisville, Kentucky-based health insurer teamed up …
Payers Increasingly Turning to Home-Based Care to Shoulder COVID-19 Costs Read More »
The United States is on the brink of another major shift that will change how, when and where Medicare beneficiaries access health care services. The Lafayette, Louisiana-based LHC Group Inc. (Nasdaq: LHCG) is doing everything in its power to position itself for that coming shift, executives detailed during a Friday morning conference call on fourth …
LHC Group’s Myers: ‘Choose Home’ Initiative Would Reshape Long-Term Care Read More »
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 …
EVV Difficulties Creating M&A Opportunities for Addus HomeCare Corporation Read More »
U.S. lawmakers have repeatedly highlighted a need to rethink the nation’s long-term care landscape in recent months, partly in response to the COVID-19 pandemic but also because of the country’s rapidly changing demographics. A recently published budget report from the House Appropriations Committee obtained by Home Health Care News offers further insight into that call …
Rural Access to Home Health Services, PACE Among Lawmakers’ Future Spending Priorities Read More »
Home care agencies have been through a turbulent year. But they’re coming out of it under a new light from the perspective of clients and potential partners. That spotlight continues to grow brighter with each passing day, too, though COVID-19 cases within home care have fluctuated as of late. Far more agencies are dealing with …
When most people hear about hospital-at-home programs, they often picture ICU nurses and doctors running around their living room. But while hospital-at-home models do rely on physicians and clinical staff, successful programs also leverage the expertise of private-duty home care agencies and their veteran caregivers. In fact, when hospital-at-home models fail, it’s typically because a …
The number of people living with dementia in the U.S. continues to rise. To better serve this population, more home care providers are implementing service lines focused on memory care and disease-specific needs. Moorestown, New Jersey-based Bayada Home Health Care is one such provider. The nonprofit has invested in a robust dementia training program to …
Although the overall infection rate is dropping as vaccine efforts ramp up, the U.S. is nearing the grim milestone of half a million COVID-19 deaths. Florida alone has reported more than 30,000 resident deaths linked to the coronavirus since the start of the pandemic, according to state data. And similar to other parts of the …
Home Care Workers Vie for Access as US Surpasses 64M COVID-19 Vaccine Doses Read More »
In July 2019, home-based care veteran Kunu Kaushal launched the Independent Home Care Alliance (IHCA) to further unite independent home care agencies nationwide. The effort was somewhat stalled by last year’s pandemic troubles, but the organization is now remodeling with a newfound focus. Apart from his role as the founder of the IHCA, Kaushal is …
Home Care Veteran Invests $1.26M in Independent Home Care Alliance Read More »
Similar to some of its peers, Griswold Home Care is building its own “test kitchens” to experiment with new programs for clients and caregivers. The home care franchiser is doing so while simultaneously refocusing its related foundation. Blue Bell, Pennsylvania-based Griswold provides personal care services across 168 locations in 29 states. The franchiser also offers …
Griswold Using Home Care ‘Test Kitchens’ to Automate the Recruitment Process Read More »
States continue to open up COVID-19 vaccine eligibility to home-based care workers. Despite encouragement from industry leaders, some caregivers remain ambivalent about getting vaccinated. That’s not surprising, as there is a significant degree of vaccine hesitancy among all health care professionals. Roughly 15% of surveyed health care workers have turned down the opportunity to be …
Best of Care, CareAcademy Working to Curb Vaccine Hesitancy Read More »
COVID-19 vaccination efforts for front-line caregivers working in the home setting continue across the country. As that task unfolds, home care operators must now navigate related business disruptions, from scheduling challenges to clients refusing visits. At a corporate level, Homewatch CareGivers has been working to make sure its franchise owners are all up to date …
How Homewatch CareGivers Is Handling Vaccine-Related Business Disruptions Read More »
A partnership between a five-hospital health system and at-home care company DispatchHealth considerably reduced emergency-room admissions and cost while improving patient satisfaction. Denver, Colorado-based DispatchHealth offers a variety of health care services in the home through its mobile, emergency medicine-trained teams. It contracts with health systems and health plans to ease the burden on patients, …
At-Home Focus Helps Baystate Health Save $1,729 Per Visit in Risk-Based Population Read More »
Emerging out of the last recession in 2009, Daniel Stringer decided it was time to change careers. Formerly in finance, Stringer’s line of work had taken a huge hit. He was eager to find a place where his business would be recession-resilient — if not recession-proof. That’s when Stringer entered into the home care space, …
Synergy HomeCare has partnered with Compassus. The deal will allow the pair to offer both companies’ services to their clients. Synergy is a Gilbert, Arizona-based non-medical home care franchise that operates roughly 170 franchise locations nationwide. Nashville, Tennessee-based Compassus offers home health care services, plus infusion therapy, palliative care and hospice care. Currently, the company …
Synergy Lands Partnership with Compassus, Sees 35% Growth in New Territories Read More »
Despite continued staffing challenges, home care is on the rise. Several emerging trends will define that ascent in the year ahead. Some of those trends will revolve around home care’s role in new care delivery models designed to treat higher-acuity patients. Others will have to do with shifts in the home care market itself and …
The U.S. government has reached a $230 million deal to produce rapid at-home COVID-19 tests that can be purchased for $15 to $30 over the counter, the Biden administration announced Monday. The deal is with Ellume USA LLC, an Australia-based diagnostics company. For home-based care providers, testing is still paramount as the vaccine rollout continues. …
Biden Administration Inks $230M Deal for At-Home COVID-19 Tests Read More »
Similar to most companies this time of year, home-based care organizations are going through their budgeting and planning processes for the next 12 months. Budgets are thoughtful, strategic financial frameworks that are decided upon annually, with an eye toward the future. But this time around, providers are making spending plans with the insights gained from …
One of the largest health conditions affecting Americans is heart failure. About 6.2 million Americans experience it every year, with home care workers often called upon to help. Just as is with many other conditions, however, home care workers are often ill-prepared to deal with these patients and lack specific training. That’s problematic because “preparedness, …
Study: Caregiver Confidence Plays a Major Role in Heart Failure Patient Outcomes Read More »
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 …
AccentCare Announces New COO; Humana Names First Chief Health Equity Officer Read More »
Despite individual concerns and procedural roadblocks in some states, many home health and home care providers say their workers have been able to gain access to the available COVID-19 vaccines. As the U.S. neared a large-scale vaccine rollout, some in-home care operators feared their clinicians and caregivers would be overlooked, especially with government officials often …
In-Home Care Providers Concerned About Clients Turning Away Unvaccinated Caregivers Read More »
It’s been four weeks since New York home health and hospice workers were deemed eligible to receive the COVID-19 vaccine. Since then, the state’s home-based care providers have had to navigate the often tricky process of helping their employees get inoculated. Similar to other parts of the U.S., home health and hospice workers in New …
VNSNY, HCR Home Care Outline Vaccination Strategies Read More »
When a company goes through a significant leadership reorganization, it’s often the chance to breathe new life into the organization. This can mean a shift in perspective or even a major strategy overhaul. For HomeWell Care Services, which recently announced a series of leadership appointments, a reorganization was an opportunity to lean into rebranding efforts …
HomeWell Banking on Hospital-to-Home Transition Program to Drive Growth in 2021 Read More »
At the beginning of the COVID-19 crisis, Senior Helpers CEO Peter Ross couldn’t tell the difference between Tuesday and Saturday. When you’re on the phone with China and India, doing whatever you can to find personal protective equipment (PPE), days of the week go by the wayside. If there’s one thing that has changed in …
Home Care Operators Prepare for Year 2 of COVID-19 Read More »
President Joe Biden focused on the ongoing COVID-19 pandemic during his first full day in office Thursday. In doing so, he once again drew attention to home-based care and getting the current “workforce crisis” under control. “Our national strategy is comprehensive,” Biden said during an address from the White House. “It’s based on science, not …
Biden Administration Includes ‘Home Care Workforce Crisis’ in New Pandemic Plan Read More »
Before President Joe Biden was sworn in on Wednesday, he had already unveiled plans for another massive stimulus package, one that could help home-based care providers in some ways — and hurt them in others. Under the new president’s “American Rescue Plan,” for instance, there would be $400 billion put forth to increase COVID-19 testing …
What President Joe Biden’s ‘American Rescue Plan’ Means for Home Care Operators Read More »
It appears some health care companies are still opting to go public the old-fashioned way. Signify Health — a value-based care platform that uses advanced analytics and other technology to shift health services toward the home — filed an S-1 on Tuesday, indicating its intention of going public. The move comes roughly a year and …
Home-Based Care Ally Signify Health Files for $100M IPO Read More »
Pennant kicks off 2021 M&A activity The Pennant Group Inc. (Nasdaq: PNTG) has kicked off its 2021 M&A push. The Eagle, Idaho-based post-acute care provider announced Tuesday it has acquired Sacred Heart Home Health Care, which provides home health services in Phoenix and Tucson, Arizona. The acquisition was effective Jan. 16, 2021. “This strategic, off-market …
The COVID-19 emergency has prompted policymakers and health care executives to rethink senior care in the United States, particularly when it comes to greater investment around the home. But increased support for home-based care services should not automatically mean the death of nursing homes and other long-term care facilities. That is a “false dichotomy” that …
The U.S. Department of Labor (DOL) recently issued an opinion letter allowing home care agencies to implement consistent shift rates that include pre-payment of overtime for caregivers who provide live-in services. In this case, a “live-in shift” is defined as being on the job for 24 hours or more at a time. Broadly, the DOL’s …
DOL Guidance Could Lead to More Home Care Companies Providing Live-In Services Read More »
Wage-and-hour litigation, confusing state-level regulations and an increase in federal audits were among the biggest legal trends of 2020. While many of these issues will remain in the year ahead, 2021 will also bring several more legal hurdles for home-based care providers. The decision of whether to mandate COVID-19 vaccinations for home health and home …
Top Home Health, Home Care Legal Concerns for 2021 Read More »
The demand for caregivers continues to grow significantly. But unless job quality improves, filling these roles will be an uphill battle. That’s according to PHI, a New York-based advocacy organization for direct care workers. On Tuesday, the organization released a new report detailing recommendations to improve job quality for caregivers. Overall, the direct care workforce …
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 …
59% of Health Care CFOs See Home Care as Key Investment Area Read More »
For reasons beyond the coronavirus alone, 2020 was an unprecedented, action-packed year for home care operators. This year is guaranteed to bring more disruption as well, particularly as U.S. demographics continue to skew older and as the overall health care system looks to decentralize traditional models. Omaha, Nebraska-based Right at Home — an international home …
Right at Home Sets Sights on ‘Boomer Consumers’ with Custom Aging-in-Place Approach Read More »
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 …
New York Moves Up COVID-19 Vaccination Eligibility for Home Care, Hospice Workers Read More »
Senior housing occupancy in the U.S. hit a record low in the fourth quarter of 2020, according to the National Investment Center for Housing & Care (NIC). The record downturn is further proof that seniors and their families are looking for alternative long-term care options, at least until a vaccine is widely distributed and concerns …
Finding enough workers has been a longstanding pain point for in-home care providers. With the launch of a new national recruitment campaign, Interim HealthCare wants to take a proactive approach to address those persistent challenges. Interim is a Sunrise, Florida-based in-home care franchise with more than 530 locations across the U.S. The company recently launched …
Samuels joins the Amedisys board Amedisys Inc. (Nasdaq: AMED) has named Ivanetta Davis Samuels to its board of directors. She became officially active in her role on Dec. 15. “I am excited to welcome Ivanetta and her vast leadership experience to our Board of Directors,” Amedisys CEO and President Paul Kusserow said in a statement. …
Amedisys Adds New Board Member; UVMHN Tabs New President Read More »
Los Angeles County’s home care companies woke up to some welcomed news right before the new year. Non-medical home care workers are now officially a part of the first tranche of individuals who can make an appointment for a vaccination, according to the Los Angeles County Department of Public Health. Previously, home health care workers …
The COVID-19 emergency has further compounded the difficulties home-based care providers face when it comes to retention. Still, many organizations have used this time to solidify their efforts around company culture. Care To Stay Home is one example. The company recently topped Fortune’s annual Best Workplaces in Aging Services list for the second year in …
Inside Care To Stay Home’s Person-Focused Retention Strategy Read More »
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 …
The ongoing COVID-19 pandemic dominated headlines in 2020 — and rightfully so. But there were plenty of other storylines that defined the year, including the launch of the Patient-Driven Groupings Model (PDGM), the conclusion of a hotly contested presidential election and the execution of multiple industry-shaping transactions. These are nine of the most overlooked stories …
Beyond the Pandemic: 9 Overlooked Stories from 2020 Read More »
When it comes to clinical and operational efforts, COVID-19 has been at the forefront for most home-based care providers. With the public health emergency top of mind, it may be easy to forget that new federal technology requirements — electronic visit verification (EVV), in particular — are right around the corner. Starting on Jan. 1 …
Providers Scramble to Figure Out EVV as Implementation Date Inches Closer Read More »
The dichotomy in the U.S. right now is evident, especially for those in health care: While vaccines and coinciding hope are being injected into Americans, the number of new COVID-19 cases each day continues to climb. And while every home-based care provider and worker keeps reading that the vaccines — both Pfizer’s (NYSE: PFE) and …
NAHC, NHPCO, Others Release Vaccine Guidance for In-Home Care Providers Read More »
The U.S. home care industry is at an inflection point. Prior to the COVID-19 pandemic, an increasing number of payers and health care providers began to recognize the value of non-medical home care, particularly when it comes to chronic disease management and preventative care. That recognition has grown even stronger in 2020, with home care …
Turnover, Tiny Homes and New Technology: 2021 Predictions from 14 Home Care Executives Read More »
Backed by investment bank Harpeth Capital, a home-based care veteran recently threw his weight behind a new home health venture. The new company is called HomeFirst Home Healthcare, led by James Happ, who serves as president and CEO. If Happ’s name sounds familiar, it’s because he spent some time at the leadership level of SunCrest …
Backed by Harpeth Capital, Industry Veteran Launches HomeFirst Home Healthcare Read More »
Homewatch CareGivers has grown its business during the COVID-19 crisis, so much so that it has even been surprising to its own executive team. The Denver, Colorado-based home care franchise company has awarded 37 new territories in 2020, 21 of which will have new franchisees at the helm. The new offices opened in a variety …
Papa Inc. — the rapidly growing company that originally launched as a “grandkids-on-demand” platform to help curb senior isolation and loneliness — announced Tuesday it is rolling out a new virtual care platform known as “Papa Health.” The news marks the latest development for the Comcast Ventures-backed startup. Currently, Miami-based Papa is a membership-based platform …
Papa Steps into the Virtual Care Arena with Launch of ‘Papa Health’ Read More »
Mission Healthcare adds to executive team Mission Healthcare has made new additions to its executive leadership team. The company named JoAnn Mack its chief operating officer and Damien Weston its chief growth officer. Mission Healthcare — which has more than 600 employees — is a San Diego-based home health and hospice services provider with 10 …
Mission Healthcare Hires Two New Executives; Lifesprk Names New President Read More »
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 …
On Thursday, Fortune unveiled its annual Best Workplaces in Aging Services list. The list features several home-based care providers that made a mark when it comes to company culture. Last year, Senior Helpers and 24 Hour Home Care cracked the list’s top five. These companies make a return appearance on 2020’s top workplaces list, compiled …
In late November, the aging-focused advocacy organization LeadingAge wrote a note to Congress, calling for relief on behalf of the 5,500 adult day service providers across the country and the vulnerable patients they serve. “Adult day services providers across the country urgently need dedicated federal funding to ensure they are able to continue providing services …
No Funding, Closures and Limited Capacity: Adult Day Providers in Dire Need of Help Read More »
Care Finders Total Care announced Wednesday it has teamed up with LogistiCare, a non-emergency medical transportation company, to provide transportation services to caregivers working in the home. Ride-hailing giant Lyft Inc. (Nasdaq: LYFT) is also involved with the partnership. Founded in 1995, Hackensack, New Jersey-based Care Finders provides in-home care services to more than 8,500 …
Most in-home care operators and other aging services providers have tried to absorb costs related to the COVID-19 pandemic. But that hasn’t always been feasible, causing the cost of care to rise substantially for consumers. That’s according to the latest annual Cost of Care Survey from Richmond, Virginia-based Genworth Financial Inc. (NYSE: GNW), a Fortune …
Providers Attempt to Absorb COVID-19 Expenses, Keep In-Home Care Costs Down Read More »
The non-medical home care industry has slowly carved out an important position within the larger health care continuum over the past several years. It has done so thanks to the home care’s documented ability to improve health outcomes and cut costs. The COVID-19 pandemic has only solidified home care’s role, especially as caregivers continue to …
Business Is Booming, But Home Care Demand Is ‘Probably at a Midpoint’ Read More »
A number of national home-based care advocacy organizations have come together to address the CDC’s Advisory Committee on Immunization Practices (ACIP). In a new letter penned to ACIP Chairman Dr. José Romero, the group called for the inclusion of in-home caregivers when it comes to priority access to the COVID-19 vaccine. The letter was born …
Home-based care company Prospero Health announced Tuesday it is expanding into 16 additional states to serve 8,000 new patients in 2021. That vastly increases the company’s footprint. Previously just in 10 states, the move now puts Prospero into 26 states total, allowing it to serve 25,000 patients on behalf of its partners, namely the Medicare …
Holidays will look a lot different this year. In fact, half of seniors over the age of 70 don’t even plan to see family for Thanksgiving, according to a recent survey conducted by Aloe Care Health. With more families staying apart, home-based care providers are gearing up to make seniors feel as comfortable and connected …
How Home-Based Care Businesses Are Combating the Worsening ‘Senior Loneliness Epidemic’ Read More »
Virtual tools have quickly turned into the preferred method of training for in-home caregivers since the start of the COVID-19 public health emergency. That trend will likely continue beyond 2020 as well. That’s according to a new survey conducted by Medflyt, a HIPAA-compliant web-based workforce management platform for home care agencies. The Forest Hills, New …
In-Home Care Workers Increasingly Prefer Virtual Training Read More »
Ryan Iwamoto co-founded 24 Hour Home Care 12 years ago, right in the middle of the country’s last major recession. Now, Iwamoto and his company find themselves operating through another economic downturn, with this one caused by the COVID-19 crisis. Los Angeles-based 24 Hour Home Care is an independent, non-medical home care provider with 20 …
24 Hour Home Care’s Ryan Iwamoto: ‘We Wanted to Be the Trader Joe’s of Home Care’ Read More »
Amazon (Nasdaq: AMZN) has taken another step toward taking over the aging-in-place space. Earlier this week, the online retail and technology giant announced it is rolling out a new health care feature through its Alexa device aimed at helping informal caregivers monitor seniors inside the home. The new feature — dubbed “Care Hub” — allows …
Amazon Unveils ‘Care Hub,’ a New Alexa Tool Designed for Aging in Place Read More »
After one of the closest and most hotly contested campaigns in modern history, President-Elect Joe Biden addressed the nation on Saturday from an outdoor platform in Wilmington, Delaware. While it’s far too early to say what the first 100 days of a Biden administration will look like from a detailed policy perspective, the president-elect has …
Sky-high equipment costs and staffing shortages tied to the COVID-19 virus have made it drastically more difficult to run a profitable home care business for many operators. That’s not true for Caring People, CEO Steven East told Home Health Care News. Caring People has had to face its fair share of challenges over the past …
Caring People Building Its Business by ‘Reinvigorating’ Home Care Owners Read More »
The feeling around the recently expanded Addus HomeCare Corporation (Nasdaq: ADUS) headquarters in Frisco, Texas, is different from just three months ago. Speaking on its Q2 earnings call in August, Addus leadership said the company was in “rebounding mode,” but also not as affected by COVID-19 uncertainties as they initially expected. Additionally, recruiting had become …
Addus Reignites M&A Engine, Targets Home Health and Hospice Acquisitions Read More »
The U.S. Centers for Medicare & Medicaid Services (CMS) on Monday touted several tools designed to help states rebalance their long-term care ecosystem toward home- and community-based services. The development is the latest in a series of CMS efforts aimed at strengthening home- and community-based services amid the COVID-19 pandemic, with the ultimate goal of …
Verma: Older Adults Must Have a ‘More Robust’ Set of Home Care Options Read More »
Help at Home — a Chicago-based home- and community-based services provider that operates across 13 states — has been acquired by a consortium of private equity buyers. Specifically, Centerbridge Partners and The Vistria Group are teaming up to purchase Help at Home from Wellspring Capital Management, which will remain a minority investor in the company. …
Centerbridge Partners, The Vistria Group Acquire Wellspring’s Help at Home Read More »
In an effort to bolster its at-home care offerings in the San Diego market, 24 Hour Home Care has acquired Grace Care Management, another home care agency located in the area. Since its founding in 2008, Los Angeles-based 24 Hour Home Care has grown quickly and steadily. But that growth has been mostly organic — …
Griswold adds to leadership team, board Blue Bell, Pennsylvania-based Griswold Home Care has named Matt Ericksen director of sales and operations. In his new role, Ericksen will bring expertise in business development, compliance and recruitment to the team, according to the company. He was most recently the director of operations at BrightStar Care Inc., one …
Griswold Continues Building Out Leadership Team; NAHC, HCAOA Announce Board Additions Read More »
Homethrive, a tech-enabled provider of non-medical care management and personal assistance services, raised an $18 million funding round. The funding round was led by venture capital firm 7wireVentures, and investment firm Pitango HealthTech. Homethrive has earmarked the new funds to be used in a number of areas, Dave Jacobs, co-founder and co-CEO of Homethrive, told …
Throughout 2020, there have been a number of new laws and legal trends that could have major impacts on the in-home care industry. In order for providers to be successful in the long run, it’s important to remain abreast of the latest developments. That was the message delivered by Angelo Spinola, an attorney and shareholder …
Lack of Stimulus Bill Could Lead to Rise in COVID-Related Lawsuits Read More »
Home-based care companies are trying to become one-stop shops for seniors wishing to age in place. That’s why, when Omaha, Nebraska-based Right at Home’s executives saw a Home Health Care News article highlighting home modification franchise TruBlue Total House Care, they dialed up its president and began working on a partnership. Cincinnati, Ohio-based TruBlue and …
CareLinx is teaming up with virtual primary care provider Doctor On Demand to give high-risk seniors access to services in their homes. Burlingame, California-based CareLinx is a tech-enabled home care platform that connects seniors and their families to its nationwide network of 400,000 caregivers. The company was acquired by Generali Global Assistance in 2017. Under …
CareLinx, Doctor On Demand Team Up to Provide Virtual Care at Home Read More »
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 …
Private-Duty Home Care Providers Poised to Play Leading Role in Pop Health Models Read More »
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. …
As home health and home care operators move toward the ninth month of the COVID-19 pandemic, it’s important to take stock of what has been accomplished from a policy perspective. Many of 2020’s regulatory changes will be fleeting, but others will shape the future of post-acute care for years to come. That was the message …
NAHC Pushing for Palliative Care, SNF-at-Home Medicare Benefits Read More »
Despite the operational and financial challenges caused by the COVID-19 virus, hardly any private-duty home care agencies plan on going out of business. Instead, most agency leaders believe they’ll actually grow their business over the next five years, both in terms of census and new locations. That’s according to recent statistics that Home Care Pulse …
‘Without a System, You Can’t Win’: Data-Tracking Tips for Home Care Agencies Read More »
When it comes to increasing revenue, home-based care agencies will always have an advantage in the markets they serve, because they will never be capped by a room or bed count like facility-based settings. But revenue plateaus are still very common in the space and something that torments agencies nationwide, whether operators are looking to …
How Home Care Agencies Can Overcome Revenue Plateaus Read More »
Over the past decade, low compensation, inadequate training and limited career advancement opportunities have weakened job quality for caregivers. That, in turn, has limited the pool of hiring candidates for home care providers. But in light of caregivers’ role amid the COVID-19 emergency, it’s more important than ever to take concrete measures that can improve …
Poor Job Quality, Low Wages Continue to Hurt Caregiver Recruitment in Home Care Read More »
Over the past few years, home care has gained more of a foothold in the larger health care continuum. One company, BrightSpring Health Services, exemplifies this evolution in the role of home care. Based in Louisville, Kentucky, BrightSpring provides a diverse array of home and community-based services. It serves more than 350,000 patients across 50 …
How BrightSpring Health Achieved a 48% Drop in Hospitalizations Read More »
Home care agencies and their services have always been valuable to the patients they serve. But being able to demonstrate that value to payers requires more than just patient testimonials. As the home care industry enters into an era filled with new tailwinds, including Medicare Advantage (MA) and managed care opportunities, providers need to create …
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, …
Recently Launched Alivia Care Plans to Enter ‘Saturated’ Home Health Market Read More »
One of the largest home care franchises in the country is teaming up with one of the nation’s largest home health providers. Chicago-based BrightStar Care signed a care coordination agreement with Baton Rouge, Louisiana-based Amedisys Inc. (Nasdaq: AMED), adding BrightStar’s agencies to Amedisys’ personal care network. The personal care network’s goal is to facilitate care …
Amedisys Expands Personal Care Network Through New Partnership with BrightStar Care Read More »
In March, some home care agencies were gearing up for COVID-19 outbreaks in their areas, contemplating tough decisions like whether they’d accept positive cases — or do everything possible to avoid exposure. Since then, many have made the decision to take those patients. And those that have are now wearing treated cases on their sleeves …
Decision to Care for COVID-19 Patients Pays Off for Home Care Agencies Read More »
U.S. Senator Kirsten Gillibrand (D-NY) is asking the Department of Health and Human Services (HHS) and the Centers for Medicare and Medicaid Services (CMS) to ensure that in-home care providers have access to essential resources amid the coronavirus. Throughout the public health emergency, home health and home care providers have been vocal about the challenges …
CareBuilders at Home — the non-medical home care division of ATC Healthcare — has announced a strategic growth plan across the U.S. The Lake Success, New York-based franchise currently has 13 locations. It is targeting to add more in Michigan, Illinois, Texas, Pennsylvania, New Jersey and California, specifically in the Bay Area. The vast majority …
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 …
Caring People Acquires Acappella In Home Care, Aging Care and AMR Care Group Read More »
In the not-too-distant future, “the hospital” will turn into older adults’ living rooms. And non-medical home care providers will play a key role in that evolution away from brick-and-mortar facilities. That’s according to Jeff Huber, CEO of Home Instead Senior Care, an Omaha, Nebraska-based home care franchise company with more than 1,200 independently owned and …
Home Instead Senior Care CEO: The Hospital of the Future Is Your Living Room Read More »
For years, diversion between home health providers and skilled nursing facilities (SNFs) has been a big part of the industry narrative. On their end, home health providers have reworked their operations to handle more acute patients and individuals traditionally served in SNFs. Now, home-based care providers are being even more intentional in their efforts by …
The Secret to Setting Up Shop in the SNF-at-Home Space Read More »
Just one month after its original launch with venture capital company Kairos HQ, CareAcademy has expanded its caregiver job placement and training initiative. CareAcademy is a Boston-based training platform for home care professionals. The company currently serves roughly 1,000 home care clients and locations. The company’s “Future of Work is Home Care” program aims to …
HCAOA Throws Support Behind CareAcademy Program to ‘Reskill’ 1M New Caregivers by 2023 Read More »
Over the years, in-home care providers have been forced to become increasingly creative when it comes to retention. One company, Royal Care, has been able to accomplish this in the hyper-competitive New York market, thanks to a unique caregiver perks program. Founded in 1995, Royal Care is an in-home care agency that provides professional nursing …
How Royal Care Improved Its Caregiver Retention Rate to Over 90% Read More »
The home care market has been long plagued with workforce issues, with providers in the space often struggling to recruit or retain caregivers. But as the U.S. continues to see a rise in unemployment, it’s creating a new pool of job candidates. And providers are getting ready to jump in. “[COVID-19] has created a very …
The COVID-19 emergency has underscored how valuable technology can be when it comes to caring for seniors in their homes. But while home-based care providers are increasingly upping their use of various technology solutions to aid in their virtual care efforts, there is still a number of providers uncertain about the value-add such tools offer. …
Stuck in the Stone Age: 30% of Home-Based Care Providers Aren’t Using Technology Tools Read More »
Addus HomeCare Corporation (Nasdaq: ADUS) is rebounding from coronavirus-related disruption in its personal care and home health segments, company leadership noted Tuesday during a second-quarter earnings call. But the Frisco, Texas-based company also acknowledged there are still significant challenges on the horizon. “Addus had a very solid financial performance for the second quarter of 2020, …
Addus COO: Recruiting Has Been ‘a Little Bit of a Struggle’ During COVID-19 Read More »
After weeks — in some cases, months — of closures due to the coronavirus, businesses across the U.S. began reopening in early June. But by July, many of those same businesses were forced to go in the opposite direction, thanks to a national resurgence of COVID-19 cases. As shops, manufacturing plants and warehouses again attempt …
Home Care Companies Create New Revenue Streams by Helping Businesses Safely Reopen Read More »
Despite being on the front lines of care during the COVID-19 emergency, New York City caregivers often felt “invisible” and faced a higher risk of contracting the virus. That’s according to a study published Tuesday by JAMA Internal Medicine. As part of the study, researchers interviewed 33 caregivers who were employed by 24 different home …
The Forgotten Field: ‘Invisible’ Home Care Workers Seek Agency Support Read More »
Humana’s (NYSE: HUM) long-standing home- and community-based focus served the insurer well in Q2 2020 — a quarter dominated by the COVID-19 emergency. The coronavirus pushed more senior care into the home, boosting business for Louisville, Kentucky-based health insurance giant. As a result, the insurer doubled down on home-based care initiatives in Q2 2020 and …
Congregate living providers and home care agencies are often at odds with each other, competing over clients and which care setting is best. In recent years, the rising popularity of aging in place has often helped home care providers come out on top. But now, a new franchiser — the HomeCare Advocacy Network (HCAN) — …
When the Families First Coronavirus Response Act (FFCRA) was signed into law in March, home-based care providers were exempt from granting their workers a handful of benefits related to the coronavirus, such as extensive paid sick leave and paid time off. But on Monday, the federal court for the Southern District of New York ruled …
Court Ruling Could Prove Costly, Remove Home Care Agencies from FFCRA ‘Exemption List’ Read More »
As home health leaders look to the future, the lessons learned from the COVID-19 emergency will likely continue to shape their efforts for years to come. In terms of business planning, it will likely be a long while before there’s a return to a world where the coronavirus isn’t the central driver of health care …
For months now, home health providers have had to worry about an onslaught of new issues, from volume disruptions and personal protective equipment (PPE) shortages, to cash flow problems and lack of telehealth reimbursement. One long-time stressor they haven’t had to fret about, though, is being audited by the Centers for Medicare & Medicaid Services …
August to Usher in Onslaught of Home Health Audits Read More »
While the Medicare Advantage (MA) home care opportunity continues to expand, cynics have been quick to criticize it. Some say the opportunity is too small to be worthwhile — and that it’s more of a trendy talking point than a viable business option for most home care providers. In 2020, only 619 of more than …
24 Hour Home Care Gets Candid About Logistical, Day-to-Day Aspects of MA Partnerships Read More »
Over the years, home care providers that have provided specialized care have positioned themselves to stand out among their competitors. Some providers have gone even further — tailoring care to best fit the needs of their clients’ ethnic or cultural backgrounds. One such company is Circle of Life Home Care, a Minneapolis, Minnesota-based provider that …
Why More Home Care Agencies Are Building Their Businesses on Culture-Based Care Read More »
The Paycheck Protection Program (PPP) has helped home-based care providers who received less than $150,000 in loans save more than 160,000 jobs nationwide, according to data from the Small Business Administration (SBA). States such as Texas, California and Florida saw the highest number of home-based care jobs retained as a result of the program. Meanwhile, …
PPP Loans Have Helped Save More Than 160K US Home-Based Care Jobs Read More »
Senior care — an increasingly important topic that’s too often overlooked on the campaign trail — is back in the spotlight. And maybe this time it will have some staying power. Presumptive Democratic presidential nominee Joe Biden has floated a sweeping new 10-year plan that seeks to dramatically change the way older adults are cared …
As hospitals continue to experience overcapacity challenges due to the COVID-19 emergency, 911 ambulance crews and community paramedics have found themselves treating more patients at home. Historically, ambulance crews and community paramedics — both of which operate in the emergency medical services (EMS) space — have always provided some degree of care in the home …
Ambulance Crews and In-Home Care Providers Seek Collaboration — Not Competition Read More »
Although concrete details are largely unknown, in-home care providers remain on the lookout for the next coronavirus-related stimulus package. Specifics on a possible fifth stimulus package could be released as early as this week, policy experts believe. “I think that’s the question, whether or not a package comes together that everyone agrees to before the …
In-Home Care Providers on the Lookout for Next Stimulus Package Read More »
Home-based care providers who received loans under the Paycheck Protection Program (PPP) could face unexpected expenses when it comes time to file their 2020 taxes. That is, unless the government intervenes. “Congress clearly intended that PPP funds would be nontaxable,” Leon LaBrecque — a lawyer, accountant and chief growth officer at Sequoia Financial Group — …
PPP Tax Debate Could Cost Home-Based Care Agencies in the Long Run Read More »
Long-term care centers such as skilled nursing facilities (SNFs) have taken the biggest hit as a result of COVID-19. More than 40% of all virus-related deaths have been tied to nursing homes, a statistic that is scaring away a large number of potential and former residents. Instead of facility-based care, more seniors are now opting …
UnityPoint Health Seeks Home Care Partner for New SNF-at-Home Model Read More »
Caregivers at Excel Home Care can expect a pay bump in the coming weeks. Horsham, Pennsylvania-based Excel Home Care is a non-medical personal care agency that began operating under the Help at Home umbrella in 2017. Help at Home is a Chicago-based home care company that operates in 13 states. In May, Pennsylvania Governor Tom …
Excel Home Care Distributing $6M in CARES Act Funds to Its Caregivers Read More »
Hospital readmission rates are one of the most important markers of success in the post-acute and long-term care spaces. But a large number of home care agencies still don’t keep track of those metrics. Overall, 75% of home care agencies did not track readmission rates at all in 2019, according to recently released data from …
Only 25% of Home Care Agencies Track Hospital Readmission Rates Read More »
Oak Street Health — a network of value-based primary care offices for Medicare beneficiaries — has filed the initial paperwork to go public. The Chicago-based organization announced the news Friday. While Oak Street Health doesn’t provide home health care itself, its interdisciplinary care teams are equipped to provide telehealth visits and in-home care in addition …
Aging-in-place Ally Oak Street Health Files to Go Public Read More »
Securing stockpiles of personal protective equipment (PPE), doubling down on company-wide training efforts and implementing educational initiatives are just some of the responsibilities that home care leadership teams have taken on during the COVID-19 crisis. While most home care agencies were navigating the public health emergency over the past few months, Synergy HomeCare’s CEO had …
While few industries have been left unscathed by the impacts of the COVID-19 emergency, the senior housing market has been one of the hardest hit. But a decline in senior housing occupancy could leave room for in-home care providers to step up and fill long-term care gaps. Overall, senior housing occupancy hit a record low …
Record Low Senior Housing Occupancy Could Be a Boon for In-Home Care Providers Read More »
Smaller home-based care agencies could be forced to close their doors as a result of the coronavirus, creating merger-and-acquisition opportunities for larger providers in the space. However, the Paycheck Protection Program (PPP) adds a new layer of complexity to some of those M&A opportunities, specifically if an acquisition target is the recipient of a PPP …
Pre-coronavirus, the home health and home care industries were already poised for historic consolidation, thanks to the Patient-Driven Groupings Model (PDGM), rising minimum wages and other operational pressures. Industry leaders predict that the COVID-19 emergency will only drive M&A further going forward. However, home-based care businesses interested in picking up new agencies should heed caution, …
Over the past several years, many home care agencies have invested heavily in transportation business lines to help their clients stay connected and active within their communities. The industry’s turn to transportation has been so popular, that ride services are often seen as core offerings for many agencies. But while transportation services remain important, the …
The coronavirus could be the match that finally sparks the Medicare Advantage (MA) boom for home care. The explosion has been a long time coming. It all started when the Centers for Medicare & Medicaid Services (CMS) first expanded the scope of MA supplemental benefits in April 2018. The move opened the door for MA …
Milliman Actuary: COVID-19 Adding Fuel to Medicare Advantage’s Home Care Fire Read More »
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