To better compete for a growing niche market, Interim HealthCare, Right at Home and many other home-based care providers have made specialized dementia training a priority for their caregivers in recent months. Despite the steady investment, providers will likely need to pump even more resources into care programs and training for caregivers moving forward, experts […]
Although a large portion of Americans desire to age in place, many ultimately turn to senior housing providers as they grow older, often at a point in their lives when they’re at their frailest from a health care perspective. To help ease that transition—and, perhaps, bring it about in a more timely fashion—international home care […]
Brookdale Senior Living (NYSE: BKD)—the nation’s largest owner and operator of private-pay senior living communities, and one of the largest home health and hospice providers—is again under pressure from an activist shareholder. Brentwood, Tennessee-based Brookdale has faced a slew of challenges following its acquisition of rival Emeritus Corp. in 2014. Last year, as the company […]
Kindred Healthcare (NYSE: KND) and one of its subsidiaries have agreed to settle a class action suit alleging the companies failed to pay some workers minimum wage or provide them adequate breaks, violating California law. Louisville, Kentucky-based Kindred, along with Gentiva Certified Healthcare, reached a deal to pay $12 million to roughly 1,600 people who worked […]
Bowie, Maryland-based technology company Inovalon (Nasdaq: INOV) announced it entered into a definitive agreement to acquire Minneapolis, Minnesota-based ABILITY Network for $1.2 billion in cash and restricted stock. ABILITY is a cloud-based software-as-a-service (SaaS) technology company and the company behind the myABILITY software platform, an integrated set of cloud-based applications for post-acute providers. ABILITY provides […]
Hospice care administered in the home is seen as higher quality than hospice care administered in an assisted living community or a nursing home, according to a new study from the Indiana University Center for Aging Research and the Regenstrief Institute. The study, published in the Journal of the American Geriatrics Society, compared the quality of hospice services […]
Some home health care providers believe that chronically ill patients who stand no chance of getting better don’t qualify for Medicare coverage—but they’re mistaken. A 2013 settlement in the court case Jimmo v. Sebelius put that “improvement standard” to rest. As set by that case, Medicare does cover skilled nursing and therapy services, including in-home care, to […]
Louisiana nursing homes are taking up the lion’s share of the state’s Medicaid dollars, leaving some home-based care providers high and dry. But that’s not for lack of demand for home care services, according to a recent story on Business Report. The state currently has a backlog of around 31,000 Medicaid applicants for home-based care. “Across the […]
Home health stocks climbed upward in November amid news that two of the industry’s biggest players are merging, according to the Home Health Index December update from M&A advisory firm Stoneridge Partners. Louisville, Kentucky-based Almost Family, Inc. (Nasdaq: AFAM) and Lafayette, Louisiana-based LHC Group, Inc. (Nasdaq: LHCG), vowed to join forces on Nov. 16. The deal, set to close […]
Online caregiving marketplace Care.com (NYSE: CRCM) and Washington D.C.-based advocacy group AARP have thrown their weight behind a new initiative to meet the growing caregiver crisis. The initiative, dubbed The Care Institute, is a not-for-profit corporation meant to provide standardized training to caregivers. To do that, the organization will team up with different organizations, experts, public […]
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