Under the Patient-Driven Groupings Model (PDGM), 80% of home health agencies are experiencing a difference in reimbursement compared to the old Prospective Payment System (PPS). Of those, the vast majority — 82% — are experiencing a decrease in reimbursement. That’s according to a recent survey of 127 home health agencies conducted by information technology firm […]
ABILITY Network
We surveyed executives across the country, and they shared best practices for overcoming the greatest issues facing their healthcare organizations. From taming revenue losses to tracking payer processes, the winning techniques are revealed in our must-read flipbook. You’ll discover how to: Overcome inaccurate reporting Cope with declining patient satisfaction Capture revenue instead of it being […]
Bowie, Maryland-based technology company Inovalon (Nasdaq: INOV) announced it entered into a definitive agreement to acquire Minneapolis, Minnesota-based ABILITY Network for $1.2 billion in cash and restricted stock. ABILITY is a cloud-based software-as-a-service (SaaS) technology company and the company behind the myABILITY software platform, an integrated set of cloud-based applications for post-acute providers. ABILITY provides […]
Sodexo Expands Home Care Market in UK Quality of life services provider Sodexo has announced the acquisition of UK home care provider Prestige Nursing + Care. The acquisition will help expand Sodexo’s private-pay home care market in the UK, as well as build on the company’s brand Comfort Keepers, according to a press release Monday. […]
Amedisys Closes Infinity HomeCare Acquisition Baton Rouge, Louisiana-based Amedisys, Inc. (NASDAQ:AMED), one of the largest home health and hospice providers in the country, announced it closed the previously announced acquisition of Infinity HomeCare for $63 million in cash on Dec. 31. “By coming together, Amedisys and Infinity HomeCare will form Florida’s premier home health company […]
As one of the fastest-growing sectors in the United States, home health care is teeming with activity — from acquisitions and partnerships to new leadership appointments and promotions. Here’s the latest news buzzing around the industry: Hometown Home Health & Hospice Expanding Fleet in Central Michigan Hometown Home Health & Hospice is expanding and upgrading […]
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