With interest in scaled home health assets climbing among strategic buyers, few, if any, large home health companies are likely to stay independent, according to Amedisys (Nasdaq: AMED) CEO Paul Kusserow. Kusserow made these remarks at a dinner hosted by Jefferies Financial Group, according to Brian Tanquilut, equity analyst for the investment banking firm. “As […]
Home health care’s 2022 was dimmed by the dark cloud of Medicare rate cuts. That cloud still hangs overhead in 2023. To weather the storm, providers are scrambling to find answers to persistent problems, namely staffing shortages. At the same time, they’re renegotiating arrangements with Medicare Advantage (MA) plans and pivoting from certain service lines […]
Signify Health (NYSE: SGFY) is a home-focused organization. Therefore, CVS Health’s (NYSE: CVS) $8 billion pending purchase of it means the company is part of the largest home-based care deal of the year. That deal is also one of the few this past year that have proven the ethos of home-based care. After all, the […]
Data examinations are beginning to shed greater insight on just how much better value-based payment models are for quality of care. When comparing two-sided risk models in Medicare Advantage (MA) versus fee-for-service Medicare programs, the former performed better in all eight quality-of-care metrics. That is at least according to a new study published this month […]
Amid the ongoing shift toward value-based care — and away from fee-for-service payment models — providers in senior care are still navigating in the dark, especially when it comes to working with payers and other third-party stakeholders. Those aren’t not always the easiest relationships to cultivate, they’re learning. But creating relationships based on trust, understanding […]
Modivcare Inc. (Nasdaq: MODV) leaders are forecasting pretty significant growth for the company in the near-term future. Specifically, they expect 7% to 10% growth across the entire company. Just one month after laying out his 90 day goals for Modivcare during the company’s Q3 earnings call, President and CEO Heath Sampson shared his target growth […]
Although value-based payment models are trendy in the home-based care space right now, a new study shows that a majority of all health care payments are still based on fee for service. The study was conducted by the Health Care Payment Learning & Action Network (LAN), which found that advanced value-based payment models are still […]
Just a week after reports that VillageMD had its eye on Summit Health-CityMD, the former announced that it has entered a definitive agreement to acquire the latter. With investments from Walgreens Boots Alliance Inc. (Nasdaq: WBA) and Evernorth – Cigna Corporation’s (NYSE:CI) health services organization – the deal is valued at $8.9 billion. “You think […]
Humana Inc. (NYSE: HUM) and kidney care provider Monogram Health have reached a new value-based care agreement for Humana Medicare Advantage members in four southern states. Most Humana Medicare Advantage HMO and PPO plan members in Tennessee, Alabama, Louisiana and Mississippi can now access Monogram’s specialized resources, which include in-home primary and specialty care visits, […]
For years now, home-based care providers have been vocal about shifting more to value-based care. Home care providers, in particular, have been taking greater steps to make this a reality. One home care company that exemplifies this is the Dallas, Texas-based Outreach Health. The company is a provider of home- and community-based services that serves […]
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