Staffing shortages, rate cuts and Medicare Advantage penetration will continue to be trends in the home health market in 2024. Those aren’t new. What is new, however, is how providers plan to combat the issues that stem from those trends. Home health leaders are focused on mitigating margin compression, utilizing more technology, leveraging artificial intelligence, […]
New Day Healthcare
Dealmaking remained relatively quiet in home health, home care and hospice in the third quarter. A variety of trends – both micro and macro – contributed to that. Overall, there were 25 total deals reported, according to data from the M&A firm The Braff Group. That quarterly number is in line with the first and […]
Elara Caring acquires American Family Home Health Elara Caring has acquired American Family Home Health, a Huntley, Illinois-based home health care provider. “In agreeing to be acquired by Elara, American Family Home Health is passing the baton to an organization that has demonstrated its full commitment to high-quality, compassionate patient care,” Ren Pillai, administrator at […]
G. Scott Herman has been in the home health industry for a long time. But when it comes to his new venture – New Day Healthcare – he’s not running the company based on what worked in the past, or even what may work best right now. He’s trying to build a forward-looking, sustainable home-based […]
New Day Healthcare may not be a household name in the at-home care space just yet. But that’s likely to soon change, as the multi-state provider looks to become a major player in an M&A market that’s normalizing back to pre-pandemic pricing. And even if those who follow the home health, home care and hospice […]
Help at Home’s latest move Chicago-based Help at Home has acquired Prime Home Care, an in-home care provider that offers both home health and home care services across nine Ohio locations, including the large markets of Columbus, Toledo and Cincinnati. Headquartered in Maineville, Ohio, Prime has been delivering home-based care to clients since 2006. The […]