Happy Monday, Home Health Care News audience. Get a jump-start on your week with our must-read news. See what headlines caught our eye around the web and keep reading to see our top stories from last week. A new study found that older adults with higher financial literacy tend to have lower hospitalization rates. The […]
Trustbridge Inc., a West Palm Beach, Fla.-based nonprofit hospice provider, settled an excessive billing case with the government for $1 million at the same time it was paying executives exorbitant pay raises, The Palm Beach Post reported. The company is the parent of Hospice of Palm Beach County, Hospice By the Sea and Hospice of Broward County, […]
Home care providers are juiced up over the promise of Medicare Advantage plans taking on non-skilled in-home supports as a supplemental benefit, but the opportunity may be smaller than some think. Not only will home care providers likely not see significant changes to MA plans in 2019, but the next few years could be a […]
E-commerce retail giant Amazon (Nasdaq: AMZN) is making waves into the health care space, but the company has also been building a means to service providers in a more traditional way. Amazon Business, the retailer’s B2B service line, is shaping the supply chain process for health care providers by enabling them to order in a familiar way online. After […]
New York’s Medicaid agency claimed reimbursement for some in-home care services that were not in accordance with Medicaid requirements, to the tune of $74.8 million, according to the Office of Inspector General. The state did not provide documentation of services claimed, claimed reimbursement for services that were not authorized or supported, and for claims which […]
The home health care industry was rocked when the Centers for Medicare & Medicaid Services (CMS) announced it was bringing back the pre-claim review demonstration at the end of May. The agency proposed reviving the model in the wake of a report urging more pre-claim, or prior authorization, demonstrations across the health care space from […]
When the Centers for Medicare & Medicaid Services (CMS) announced it was allowing non-skilled in-home supports to become a supplemental benefit in Medicare Advantage plans next year, it was evident new solutions would be needed to facilitate the addition. Now, technology providers and in-home care agencies are seeing opportunities to work together to make inroads […]
LHC Group (Nasdaq: LHCG) has long been considered the home health industry leader when it comes to making inroads with hospitals and health systems thanks to its joint venture strategy. However, despite a growing managed care population in the broad health care landscape, low reimbursement models will continue to challenge home health providers, according to […]
Baton Rouge-based Amedisys Inc. (Nasdaq: AMED), one of the nation’s largest home health care providers, has purchased more than 2.4 million of its common shares for approximately $178 million from KKR (NYSE: KKR). The shares represent half the holdings of Amedisys by KKR, a global investment firm based in New York City. The shares were […]
From 2016 to 2017, the home health and hospice markets both experienced growth, with millions of more Medicare beneficiaries utilizing these services, according to year-end data from Excel Health. The data, which is based on the most recent Medicare Part A and Medicare Part B claims data, show there were 57.7 million Medicare beneficiaries residing in […]