talks

Innovive Health Building In-Home Care Model Around the ‘Most Underserved Population in the Country’

Joe McDonough began his health care career in the hospital setting, mostly working with individuals with complex and chronic mental health conditions. After seeing so many of his patients return, he became determined to build a better care delivery model. That’s exactly what he’s doing at Innovive Health, a Massachusetts-based home health provider with a …

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‘There Was Always Going to Be Tech Disruption’: Honor, Home Instead CEOs Break Down Recent Transaction

In August, home care technology company Honor announced it acquired Home Instead Senior Care, one of the largest in-home aging services providers in the world. As a result of the deal, the combined Honor-Home Instead enterprise now represents more than $2.1 billion in home care services revenue. That size and scale will help the pair …

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Right at Home CEO Brian Petranick: Strategic Buyers Will Drive Future Home Care M&A Activity

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, …

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VNSNY CEO Dan Savitt: HHVBP Should Include Shared-Savings Opportunities, ‘Stabilization’ Measures

In June, the U.S. Centers for Medicare & Medicaid Services (CMS) proposed to expand the Home Health Value-Based Purchasing (HHVBP) Model to all 50 states starting next year. The Visiting Nurse Service of New York (VNSNY) is among the home health organizations excited about the move’s potential to better align care and reimbursement, CEO Dan …

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Sanford Health halts merger talks with Intermountain ‘indefinitely’

The South Dakota-based health system has suspended talks related to its planned merger with Utah-based Intermountain Healthcare after the sudden departure of its CEO, Kelby Krabbenhoft. Sanford and its new CEO will instead focus on organizational needs, the system said.