ModivCare expands into remote patient monitoring ModivCare Inc. (Nasdaq: MODV), a diversified health care services company with a large personal care business, has signed an agreement to acquire VRI Intermediate Holdings LLC, a provider of remote patient monitoring solutions. Under terms of the agreement, the Denver-based ModivCare will acquire 100% of VRI for a purchase […]
Category: HHCN+
Home care hasn’t always had a reputation for great employee perks or benefits packages, but a handful of providers are beginning to change that. In other sectors, including the technology and startup worlds, perks like free daily meals, access to wellness programs and 401(k) matching, with stock options, are relatively common. Some home care operators […]
Barb Jacobsmeyer is the new head of Encompass Health’s (NYSE: EHC) home health and hospice segment, taking over following the departure of former CEO and founder April Anthony. Previously the head of the Birmingham, Alabama-based company’s in-patient hospitals segment, Jacobsmeyer takes the helm at a point when Encompass Health is nearing a conclusion on its […]
Health insurer Regence BlueShield has partnered with DispatchHealth to give its members access to hospital-at-home and mobile high-acuity services. “Hospitalizations in the home is a groundbreaking and exciting shift in care delivery,” Dr. Drew Oliveira, senior executive medical director at Regence, said in a press release. “Our partnership with DispatchHealth enables Regence members to receive […]
At Home Health Care News, it seems like we’ve been writing about “the rapidly consolidating home health market” for years. Just check out this story from 2015, for example. There are also these more recent pieces from 2018 and 2019, respectively. In many ways, consolidation — either through agency closures or through M&A activity — […]
Amedisys Inc. (Nasdaq: AMED) has completed its purchase of Visiting Nurse Association’s (VNA) assets. Baton Rouge, Louisiana-based Amedisys has a number of in-home care capabilities, including home health, hospice and personal care services. Amedisys also recently acquired Contessa Health for $250 million. The deal gives the company a range of acute-level care services. Meanwhile, VNA […]
If you dig into the home health market, you’ll find that a lot of providers look very much alike. Overall, the home health market is made up of several thousand different players, from smaller mom-and-pop shops led by mission-driven nurses to multi-million-dollar behemoths led by savvy health care veterans. Yet for the most part, many […]
HCA Healthcare Inc. (NYSE:HCA) has completed its purchase of a majority stake in the home health and hospice business of Brookdale Senior Living Inc. (NYSE: BKD). Originally announced in February, the deal instantly turns HCA into one of the largest home health and hospice players in the country. “We view partnerships as foundational to our […]
Key Takeaways This report profiles senior living companies that are incorporating home care, describes the risks and rewards in doing so, and identifies common pitfalls that stand in the way of success. Seniors have an overwhelming desire to age in their own homes, but the cost of home care to consumers limits the current market […]
The COVID-19 pandemic delayed the ambitious plans of most home health providers. Now nearly halfway into 2021, many are picking up right where they left off, with a few key players doubling down on innovation and betting big on the future of home-based care. There are plenty “home health providers to watch” as the rest […]
Subscribe
Receive industry updates and breaking news from HHCN