Just a few years after it decided to go all in on health care services, Walgreens Boots Alliance (Nasdaq: WBA) is largely returning to its roots. It also plans to close as many as 1,200 retail stores in the next three years amid a financial downturn. On a Tuesday earnings call, Walgreens CEO Tim Wenworth […]
Category: Innovation
Nearly two years ago, Help at Home launched its care coordination program, with the belief that caregivers remained an untapped resource for valuable business insights. Broadly, the company captures detailed observations from caregivers in real time to identify client needs and predict unforeseen events. The care coordination program depends on caregivers submitting weekly observations and […]
VitalCaring has announced the results of a seven-month AI-driven cognitive care pilot program. The program provided personalized therapy to patients with cognitive disorders using Constant Therapy’s digital speech, language and cognitive therapy platform as part of its home-based services for selected patients. Based in Dallas, VitalCaring provides home health and hospice care to patients in […]
On some days, Vesta Healthcare CEO Randy Klein’s job requires some preaching. Having a unique business model is a strength, but it also means dedicating time to explain how the company operates and its overall value add. It’s a position Klein has often found himself in. “I used to have a boss that referred to […]
The biggest retailers were zealous in their pursuit of home-based health care initiatives. But there’s little evidence to suggest that pursuit has been successful, at least thus far. This week, CVS Health (NYSE: CVS) announced that it was laying off 2,900 workers. Simultaneously, reports surfaced of Glenview Capital – a significant shareholder in the company […]
As more advanced care moves into the home setting, traditional home-based care providers can ensure they aren’t left behind by forming innovative partnerships. The collaboration between BrightStar Care and Medically Home is one example of this. “More care is moving into the home, and higher acuity care is moving into the home,” Shelly Sun Berkowitz, […]
CVS Health (NYSE: CVS) has undergone a strategic shift of late to focus more on health care services, as well as home-based health care services. Now, it appears it could be on the brink of a showdown with an activist investor. CVS Health leaders reportedly met with Glenview Capital – the rumored activist investor – […]
Hospital at Home (HaH) is a sustainable, innovative and next-generation health care model. From the physician’s perspective, it offers person-centered medical care and keeps patients out of the hospital, away from possible complications and on to better outcomes. However, there are still plenty of challenges for providers to work through. “People love to have inpatient […]
About 50% of caregivers have experienced or witnessed at least one incident of workplace violence or harassment, according to a recent survey. In response, federal and state authorities now require emergency response plans for most types of home-based care. In the meantime, Canopy – a manufacturer of wearable safety technology for health care workers – […]
Signify Health has launched condition focused visits, a new service that provides screening and preventive care tailored around various complex chronic conditions. These services are delivered in the home. “Condition focused visits are really giving the member, and the provider who is with them in their home, more dedicated time to do some customized care […]
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