The Patient-Driven Payment Model (PDPM) — another Medicare payment overhaul in the skilled nursing facility (SNF) arena — could serve as an indicator for what the coming months will look like under the Patient-Driven Groupings Model (PDGM). Naturally, home health owners and operators have been paying attention. PDPM launched on Oct. 1, which has given […]
The health services arena recorded more than 1,200 deals in 2019 for the second year in a row, according to the latest figures from international accounting firm PricewaterhouseCoopers. As has become the norm, long-term care was the largest sub-sector by volume throughout 2019 — with particularly strong M&A action in the home health and home […]
Grandkids-on-demand startup Papa Inc. announced last week that it has paired with Priority Health to begin offering services to the Michigan health plan’s Medicare Advantage members. The move — along with a rework of Papa’s brand — are good indications of the ambitions that the company has in 2020. Only two years old, Papa is […]
In the decade spanning from 2018 to 2028, the in-home care industry will need to fill an estimated 4.7 million home care jobs, according to a new report released by PHI. The estimate — slightly higher than previous projections — is yet another reminder of the workforce pressure nearly all U.S. home care providers face. […]
The Center for Medicare and Medicaid Innovation (CMMI) will save far less in the coming years than the Congressional Budget Office (CBO) projected, according to an analysis conducted by Avalere. Avalere, a health care research and consulting firm, estimates that CMMI will save $18 billion from 2017 to 2026. The CBO had projected $34 billion […]
A joint survey from Dallas-based Axxess — a home health technology company — and advisory firm BKD reiterated that the Patient-Driven Groupings Model (PDGM) and staffing are the dominant contemporary concerns among home health agencies. Released earlier this week, the 2020 Industry Trends Report collected responses from employees in many positions at both large and […]
Elder-Well, a non-medical social model for adult day care, has begun offering opportunities for entrepreneurs to franchise its service. The franchising play is yet another example of how adult day models are taking off across the U.S. The Framingham, Massachusetts-based Elder-Well was founded in 2014 by home health veterans Kara and Ken Harvey. With nearly […]
Amedisys Inc. (Nasdaq: AMED) — the second-largest home health provider in the country, according to LexisNexis — is aiming to become the industry’s leader in employee turnover rates. Just five years ago, the Baton Rouge, Louisiana-based home health giant sported over a 40% turnover rate. That number was lowered to under 16% by the end […]
Ride-hailing giant Lyft Inc. (Nasdaq: LYFT) announced Monday that it’s teaming up with California-based nonprofit health system Sutter Health. And one of the key aims of the partnership is to help Sutter’s home health employees with transportation to and from patients’ homes. With Lyft as a resource, Sutter — a big home health organization in […]
One method using in-home care that inspired hope in reducing health care spending may not be effective after all. Tending more to “super-utilizers” did not reduce hospital readmissions, according to a new study from The New England Journal of Medicine. Super-utilizers are the 5% of the patient population that make up half of the nation’s […]
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