Addus HomeCare Corporation (Nasdaq: ADUS) is not as worried about the future of home health care. While home health providers across the country are scrambling to advocate against – and adjust to – payment rate cuts, Addus leaders are looking for more opportunities to broaden the company’s home health reach. They also believe the rate […]
Jefferies
Encompass Health Corporation (NYSE: EHC) may be nearing a spinoff — not a sale — of its home health and hospice segment. That avenue looks increasingly likely in light of the company’s recent leadership announcements, industry insiders believe. Last week, Barb Jacobsmeyer was named the new CEO of Encompass Health’s home health and hospice segment, […]
U.S. stocks plunged Monday as investors responded to the global spread of the coronavirus and Saudi Arabia’s surprising oil price cut. Publicly traded home health providers were not immune to the market’s downswing. By noon, the Dow Jones Industrial Average had plummeted 8% and was well on its way to its worst day since 2008. […]
Encompass Health Corp. (NYSE: EHC) has lowered internal estimates on how the Patient-Driven Groupings Model (PDGM) will impact its home health operations, though the company remains firmly against assumption-based behavioral adjustments included in the payment overhaul. CEO Mark Tarr — along with home health and hospice segment leader April Anthony as well as other execs […]
Encompass Health Corp. (NYSE: EHC) saw its home health-related revenue jump in the first quarter of 2019, driven primarily by volume and pricing gains. The Birmingham, Alabama-based company expects more of the same moving forward — even as the home health industry marches toward the Patient-Driven Groupings Model (PDGM). Overall, net operating revenues for Encompass […]
Fierce competition and multiple hurricanes have eroded Brookdale Senior Living’s (NYSE: BKD) home health bottom line, but the provider sees opportunity in its burgeoning hospice business. The Brentwood, Tennessee-based company is the nation’s largest private-pay senior living provider and is also a major player in home health. Brookdale’s ancillary services took a hit in the third quarter of […]
The buyout of one of the nation’s largest home health care providers by a Beijing-based real estate and leisure firm has reportedly been put on hold, according to the Financial Times. Brentwood, Tennessee-based senior living provider Brookdale Senior Living (NYSE: BKD) could be sold for as much as $4 billion, although analysts have long speculated on […]
After completing the nation’s largest public home health-hospital joint venture, Almost Family (Nasdaq: AFAM) is focused on growth and opportunities in alternative payment models. Last year, Louisville-based Almost Family, one of the nation’s largest home health care providers, formed a joint venture with Community Health Systems (NYSE: CYH) and created the nation’s largest public home […]
Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG)—a champion of joint ventures with hospitals and health systems—is seeing a bright future beyond fee-for-service with growth prospects to potentially double the size of the company to $2 billion. Specifically, the home health care provider is eyeing the benefits of Medicare Advantage, CEO Keith Myers made clear during a presentation on Tuesday […]
Brookdale Senior Living (NYSE: BKD), one of the nation’s largest home health operators, continues to be the subject of takeout rumors, with a China-based firm now seen by some as the most likely buyer. Executives with Brentwood, Tennessee-based Brookdale touted improved operational performance Tuesday on a first quarter 2017 earnings call with analysts. However, as […]
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