An investor in Enhabit Inc. (NYSE: EHAB) is calling on the home health and hospice company to consider strategic alternatives to operating as a standalone business. And those alternatives, the investor argues, should include exploring a sale. The investor is New York-based hedge fund AREX Capital Management, which has been an Enhabit investor since its […]
The home care industry, so far, has had a relatively quiet 2023. Over the past few years, the home care space has been defined by ample private equity investment, aggressive provider roll-ups, exciting Medicare Advantage (MA) developments and innovative cross-continuum partnerships. There has been much less action this year, despite the continued focus on social […]
Three major home-based care groups are asking the U.S. Centers for Medicare & Medicaid Services (CMS) for more time to review the agency’s recent Medicaid proposal, which features a handful of provisions that could prove challenging for operators. Among those provisions mandate thresholds on reimbursement, in which CMS would require that at least 80% of […]
The U.S. Centers for Medicare & Medicaid Services (CMS) will immediately stop enforcing the COVID-19 vaccine mandates for home health workers and other health care staff. In light of the public health emergency (PHE) ending on May 11, the Biden administration announced in early May that it planned to end vaccination requirements for federal workers […]
The Home Health Value-Based Purchasing (HHVBP) model continues to save hundreds of millions of dollars each year, mostly because of its ability to reduce inpatient stays for Medicare beneficiaries. The model, which the U.S. Centers for Medicare & Medicaid Services (CMS) expanded from nine demonstration states to home health agencies across the country on Jan. […]
Whether it’s because of their proven leadership teams looking to shake up the market or their roles in a jaw-dropping transaction, there are several home health providers that stand out among their peers in 2023. And the moves that these companies – new players and established powerhouses alike – make over the next 6-12 months […]
It was not too long ago when only a handful of U.S. health systems invested in hospital-at-home programs, with Mount Sinai and Johns Hopkins Medicine being two of the very early adopters. Since the onset of the COVID-19 public health emergency, that has changed – in a big way. Hospital-at-home alternatives are becoming table stakes […]
The U.S. Centers for Medicare & Medicaid Services (CMS) on Thursday announced a new proposed rule that would, among its provisions, establish a strict requirement for the amount of Medicaid payment going toward home care worker compensation. Specifically, the proposed rule from CMS would require that at least 80% of Medicaid payments for personal care, […]
Inflation reaching multi-decade highs, uncertainty in the banking world and credit markets drying up dampened private equity health care M&A activity in 2022, especially in the second half. Many anticipate that investment slowdown to continue into 2023, but there’s a good chance the home health industry will buck that trend. Multiple PE firms, such as […]
The acquisition of technology-enabled home health company CareLinx continues to pay off for Sharecare (Nasdaq: SHCR). Under Sharecare ownership, CareLinx has seen “explosive growth,” Sharecare Chairman and CEO Jeff Arnold explained Wednesday during a fourth-quarter earnings call. The growth includes adding 1.8 million new members to CareLinx in 2022 while outpacing revenue expectations. “We expanded […]