As artificial intelligence becomes more applicable in health care, home-based care providers are finally diving into use cases that may work for them. The Brentwood, Tennessee-based Compassus is a prime example of that. A forward-thinking provider, it has been utilizing RPM and telehealth for years, even prior to COVID-19. Now, it’s looking at ways it […]
Home-based care providers have been waiting for the other shoe to drop on dealmaking for a year now. As 2024 nears, that shoe may be finally landing. And, in addition to M&A, genuine AI application in both home health care and home care appears to be right around the corner. Those were two of my […]
Compassus – one of the largest home-based care providers in the country – has a new CFO. John Cullen will take over the role on Oct. 30, the company announced Monday. Cullen will succeed Brad Wear, who was named CFO in 2018. “John’s extensive experience and proven leadership in the health care sector equip him […]
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 […]
Running a home health company in 2023 is not the same job it was 5 or 10 years ago. Leaders are now tasked with building next-generation home health entities, ones that can survive now and thrive later. In many ways, a company like Compassus already exemplifies what it means to be a next-generation home health […]
The second day of Home Health Care News’ FUTURE event began with an off-the-record breakfast conversation between HHCN+ subscribers. To kick the day off, I decided to poll the room by asking, “Does anyone in here have a Medicare Advantage success story that they could share with us?” The idea was to get a personal […]
At the end of last month, the U.S. Centers for Medicare & Medicaid Services (CMS) published its home health proposed payment rule for 2024. The proposal, almost immediately, drew a negative response from key home health stakeholders. The main headline was CMS’ decision to propose a home health payment decrease of 2.2%. The proposal also […]
Rising costs, the return of Medicare sequestration, labor shortages and higher patient acuity levels have all contributed to health systems struggling financially over the past 18 months. Since the start of the year, at least half a dozen hospitals have either closed or announced plans to close. To stay afloat, many others have opted to […]
Last year, the Community Health Accreditation Partner (CHAP) received part of a $2.3 million grant from The John A. Hartford Foundation (JAHF) to bring the Age-Friendly Health Systems movement to home-based care. Almost a year later, home health providers have implemented the framework – including Enhabit Inc. (NYSE: EHAB) and Compassus – and are seeing […]
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 […]
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