As home-based care operators aim to achieve financial stability for caregivers and clinicians, many may take steps to recalibrate their compensation strategies. When determining which compensation model works best for an organization, leaders need to keep a number of factors in mind, according to Angela Huff, senior managing consultant at Forvis Mazars. “You have to […]
Category: Personal Home Care
After experiencing some contract loss blows in the recent past, Modivcare Inc. (Nasdaq: MODV) has begun to log some tallies in the win column. The company gained $33 million of annual contract value during its second quarter, and onboarded a significant state contract in early June. This contract has already started demonstrating strong performance and […]
On Tuesday, Addus HomeCare Corp. (Nasdaq: ADUS) leaders explained the reasoning behind the pending acquisition of Gentiva’s personal care assets. They also suggested more acquisitions could be on the way. The main reasons behind a more aggressive acquisition strategy are the Medicaid Access Rule and value-based care opportunities, according to Addus CEO Dirk Allison. “We […]
Pediatric home health care is a tough business to be in, but it’s also one filled with opportunity if providers can find operating models that work. The U.S. pediatric home health care market was estimated to be valued at $12.53 billion in 2023. It is expected to grow at a compound annual growth rate of […]
Home-based care providers that are open to receiving employee and client feedback, and then open to acting upon that feedback, have a natural leg up on competitors that don’t do either. In fact, providers that collected employee and customer feedback, and acted on it, were able to recruit 90% more employees, according to data from […]
Higher billing rates for home care, lower reimbursement rates for home health care and staffing woes across both sectors up the ante on everything else for providers. With these challenges come opportunities as well. In a recent Home Health Care News webinar, Impactful Sales & Marketing Strategies for Home Health and Home Care Providers, two […]
The Helper Bees has introduced a flexible benefit card called helpful, which grants access to over-the-counter (OTC) products, groceries and a nationwide network of vetted Social Determinants of Health (SDoH) providers through a unified card experience. Helper Bees, based in Austin, Texas, is the developer of an aging-in-place platform that connects families with services in […]
Three years after Honor acquired Home Instead, its goal is not to grow through franchise expansion or acquisition. Instead, it’s trying to find ways for current locations to double, triple and quadruple their current censuses. In part, it plans to open up that opportunity through advanced technology, including artificial intelligence. During a recent long and […]
After Honor acquired Home Instead in 2021, many Home Instead franchisees were not sold on the strategic direction they were given. They believed Honor’s model lacked a “proof of concept,” and were unwilling to alter operations to appease their new parent organization. But, over the last few years, a lot of the friction between Honor […]
There might be some recourse for home-based care providers that aren’t able to meet the requirements of the “Ensuring Access to Medicaid Services” rule’s 80-20 provision. “We heard, consistently, that there were concerns about the applicability of the 80% threshold to small providers,” Melissa Harris, the deputy director of the Medicaid and benefits health programs […]
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