Although Congressional support continues to grow for the Choose Home Care Act of 2021 in Washington, D.C., the legislation remains in limbo. Other pieces of legislation for lawmakers have pushed the Choose Home bill down the priority list, but National Association for Home Care & Hospice (NAHC) President William A. Dombi is hopeful something will […]
IntelyCare, a Boston-based health care staffing solutions platform, announced Wednesday that it has raised $115 million in Series C funding. It plans to use the new funding to expand its footprint to new states while investing heavily in its AI-based platform and data-science technology. And even though IntelyCare launched its home health efforts in the […]
The future of home-based care will very likely be dominated by managed care, according to a 40-year veteran of the space. Mark Heaney, CEO and chairman of DTRT Health Acquisition Group (Nasdaq: DTRTU), also predicts that the consolidation efforts made by home-based care providers won’t slow down in 2022. Heaney covered these topics and more […]
The pace hasn’t been as aggressive as some expected, but the home health industry has been undergoing a wave of consolidation over the past several years, with the number of freestanding agencies decreasing annually since at least 2015. While consolidation can certainly bring added stresses for existing operators, experts in the mergers-and-acquisitions field note there […]
Home health providers should brace themselves for a potential Patient-Driven Groupings Model (PDGM) battle with the U.S. Centers for Medicare & Medicaid Services (CMS) later this year. Implemented on Jan. 1, 2020, PDGM is the largest overhaul to how Medicare-certified home health agencies are paid in two decades. And normally when CMS implements something of […]
The U.S. Centers for Medicare & Medicaid Services (CMS) announced Thursday it will distribute more than $110 million to expand access to home- and community-based services (HCBS) through Medicaid’s Money Follows the Person (MFP) program. The MFP demonstration began in 2007 and was funded by the Affordable Care Act through 2016. The goal of the […]
Trinity Health at Home – one of the largest home health providers in the country – plans to expand its private-duty footprint and be more aggressive in a “hyper-competitive” acquisition marketplace this year. Private-duty home care is not something that the Livonia, Michigan-based Trinity Health at Home currently offers at most of its ministries or […]
Dozens of provider organizations in Michigan have gone out of business — and more are at risk of the same fate — due to the state legislature’s decision to cut the rates of home care and residential caregivers by 45%. As a result, thousands of people in Michigan will now likely be forced into nursing […]
Modivcare (Nasdaq: MODV) announced this week that it is launching a national Transportation Provider Advisory Council (TPAC) to gather feedback and perspective on how to better serve its patients. Modivcare is a Denver-based company that offers technology-enabled health care services and provides non-emergency medical transportation (NEMT). The company’s Modivcare Home division includes its personal care, […]
HomeWell Care Services CEO Crystal Franz has a lot to be hopeful for in 2022. After a record-breaking growth year in 2021, Franz said there is no plan for the company to slow down. In the year ahead, HomeWell is planning for rapid expansion and national brand recognition. The company is based in Burkburnett, Texas […]
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