At the beginning of each year, publications and experts like to lay out predictions for the next 12 months. Home Health Care News also plays prognosticator. We published our 2024 home care trends piece earlier this week, and will publish our home health trends piece next week. But an equally useful exercise – for myself […]
The rising costs of home care were a trend in 2022 and 2023. They will remain one in 2024, and could finally come to a head. That’s only one trend, of many, that will impact home care providers in the new year. But it alone will also lead to other trends, such as increased M&A, […]
Home care providers looking to grow need to follow meticulous planning and have realistic goals. Failure to follow that guidance could mean serious operational challenges down the road. During the public health emergency, when more attention was being paid to alternative settings for long-term care, the home care industry saw record-breaking volume and valuations. Seeing […]
Home health and hospice agencies – especially quality ones – remain highly valuable assets. But thus far, through nearly all of 2023, M&A trends have not reflected that. There were only two transactions in hospice in the third quarter, and just four in home health care. Those were both record low totals, according to a […]
Following a record-low start to 2023 and a relatively flat fourth quarter in 2022, home-based care M&A volume ticked up significantly in the second quarter this year. Overall, the quarter saw at least 29 transactions across all home-based care sub-sectors, according to a recent report from M&A advisory firm Mertz Taggart. All three sectors of […]
Given all of the provisions and changes included in the U.S. Centers for Medicare & Medicaid Services’ (CMS) 2024 proposed rules, the 36-month rule being applied in hospice went a bit overlooked. Home health and hospice M&A experts see it as a significant development that could affect both subsectors. Essentially, CMS is proposing a ban […]
Buyers and sellers operating in the home-based care space have been forced to navigate what has become a fairly complicated M&A environment. Transaction volume saw a significant drop from 2021 to 2022, down 50% to 60%, according to Cory Mertz, managing partner at M&A advisory firm Mertz Taggart. Mertz clarified that the marketplace for quality […]
While some of the other subsectors already have more clarity on what their CY2024 may look like, home health operators are still operating in the dark. The home health proposed payment rule is still likely a month away, and the final rule likely more than four months out. It seems most are expecting the worse […]
This article is sponsored by Mertz Taggart. This article is based on a Home Health Care News discussion with Cory Mertz, Managing Partner at Mertz Taggart, Cliff Blessing, EVP and Chief Development Officer at Addus HomeCare, and David Berman, Principal at SimiTree. The discussion took place on March 30, 2023 during HHCN Capital + Strategy […]
In the middle of April, the U.S. Department of Health and Human Services (HHS) announced ownership data for all Medicare-certified home health and hospice agencies would be made publicly available. Department officials described the move as an attempt to promote competition in the industry and protect consumers. But the changes could also have an effect […]
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