Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) CFO David Afshar is resigning, the company announced Thursday. Afshar — who is also Aveanna’s principal accounting officer and principal financial officer — will exit officially on July 7. He is pursuing other opportunities and the move is not due to any disagreements with Aveanna management, policies or practices, […]
Aveanna Healthcare
The leaders at Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) believe that the demand for home- and community-based care has never been higher. “As a reminder, we do not have a demand problem,” Aveanna CEO Jeff Shaner said during the company’s first-quarter earnings call on Thursday. With this in mind, Aveanna is focused on the labor […]
Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) hopes to double the amount of preferred payers it is in business with in 2023. It also defined what a preferred payer was, from its leaders’ eyes. “Payers that support value-based care by offering us an above-market reimbursement rate and value-based payments in exchange for proven savings,” Aveanna CEO […]
Home health care’s 2022 was dimmed by the dark cloud of Medicare rate cuts. That cloud still hangs overhead in 2023. To weather the storm, providers are scrambling to find answers to persistent problems, namely staffing shortages. At the same time, they’re renegotiating arrangements with Medicare Advantage (MA) plans and pivoting from certain service lines […]
Home health and home care operators grappled with numerous challenges in 2022 that impacted their businesses, from COVID-19 cases spiking due to the Omicron variant in the first quarter to labor pressures persisting throughout the year. For many providers, those headwinds turned their attention to maintaining growth, fine-tuning existing operations and avoiding loss, with service-line […]
Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) has announced that Tony Strange, its CEO and director, will retire at the end of December. Jeff Shaner – the company’s current COO – will take over as CEO and director, also effective at the end of December. Shaner has served as the COO of Aveanna since its formation […]
The home health industry is at an inflection point. As any year comes to a close – especially 2022 – it’s one of the most interesting times to hear what executives are saying about their own companies and the industry at large. Luckily, earnings calls and investor presentations have allowed us insight into what is […]
Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) continues to struggle just over a year and a half after entering the public market. Despite that, its leaders continue to believe in the home health and hospice business, and where it can take them in the future. “Although Q3 was a difficult quarter for a home health and […]
Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) is bullish on its company ethos, but is still trying to find its footing a little more than a year after going public. Like many in the space, Aveanna continues to struggle with labor issues and inflation on a macro level, while simultaneously being able to tout a strong […]
Here I am, yet again, writing about the U.S. Centers for Medicare & Medicaid Services’ (CMS) proposed rule for the home health care industry. But it’s no small deal. Advocates were in Washington, D.C., this week to desperately argue on behalf of the industry that the rule was unfair. In doing that, they displayed the […]
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