The value-based and home-based care enablement platform CareCentrix is in an interesting position. Not only is it in between home health providers and Medicare Advantage (MA) plans, but it’s also now owned by Walgreens Boots Alliance (Nasdaq: WBA) – one of the retailers diving head first into home-based health care services. In a recent conversation […]
Home health providers want better rates and arrangements from Medicare Advantage (MA) plans. The plans, on the other hand, sometimes still can’t figure out what they want from providers. Some of the largest home health companies have begun to make headway with MA plans. “I think the payers are recognizing that this is not a […]
Thanks to impactful, large-scale transactions over the last decade, the collective face of home-based care has changed forever. Traditional providers in both home health care and personal home care have merged. Payers became involved in the home-based care space like never before. Of late, retailers have too. But it’s often easy to forget how the […]
Walgreens Boots Alliance Inc. (Nasdaq: WBA) is continuing to expand its health care services capabilities. The latest investment comes through a partnership with Pearl Health, a provider enablement company that will help accelerate the expansion of value-based care under the Walgreens umbrella. “Most primary care providers want to transition from a traditional fee-for-service model to […]
The flurry of 2021’s home-based care deals was a tough act for 2022 to follow. Especially in the third and fourth quarters of last year, a record-breaking number of transactions went down. A variety of factors contributed to that volume, including changing conditions that – at least for a short period of time – allowed […]
The fourth quarter loss reported by Walgreens Boots Alliance (Nasdaq: WBA) on Thursday is not a good indication for fiscal year 2023 and beyond, according to the company’s chief financial officer. And, in fact, it’s banking on its home-based care investments as contributors. Among those are VillageMD, CareCentrix and Shields Health Solutions, which will drive […]
Walgreens Boots Alliance (Nasdaq: WBA) is accelerating its plans to invest in the post-acute care space and in the home. This week, it finalized its acquisition of the health-at-home solutions company CareCentrix. Walgreens initially announced a $330 million investment in CareCentrix in October of 2021. At the time of the deal, Walgreens gained a 55% […]
In July, LHC Group Inc. (Nasdaq: LHCG) Chairman and CEO Keith Myers said he thought conveners were a part of the problem in the rocky relationships between Medicare Advantage (MA) plans and home health agencies. Since then, both conveners and other home health leaders have had the opportunity to offer their perspective on those sentiments. […]
Last December, I wrote about the “retail giants ready to disrupt home-based care.” Though confident in my hypothesis that these larger companies – CVS Health (NYSE: CVS), Amazon (Nasdaq: AMZN), Walgreens Boots Alliance (Nasdaq: WBA) and Walmart (NYSE: WMT) – were going to enter further into the home-based care space, I was not under the […]
Amedisys completes a series of acquisitions Amedisys Inc. (Nasdaq: AMED) recently completed a number of acquisitions. The company announced that it has completed its purchase of Evolution Health and certain home health assets from AssistedCare Home Health and AssistedCare of the Carolinas. Amedisys delivers a number of offerings including home health, hospice, personal care and […]
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