With its recent transition to a nonprofit model, Bayada Home Health Care has been busy. Since the 2016 announcement, the company found a new CEO in David Baiada, gifted $20 million to employees and hit one million clients served, just to name a few highlights. Next up for the billion-dollar home-based care provider? Finding new […]
Lyft
As more companies look to address the social determinants that hinder health, transportation has largely risen to the forefront. Several unexpected, non-health care players are driving that high-octane focus — including Ford Motor Company (NYSE: F). One of the oldest and largest automakers in the U.S., Ford is entering the health care transportation game through […]
Medicaid beneficiaries in one state can now use Lyft (Nasdaq: LYFT) as a covered transportation option to get to and from medical appointments. The San Francisco-based ride-hailing company announced Wednesday that it has become a certified Medicaid provider in Arizona, where it aims to help address social determinants of health by reducing missed doctor’s visits […]
As Medicare Advantage (MA) plans prepare to expand their supplemental benefits in 2020 to cover even more non-medical services, players from a growing number of industries are hopping on board. That includes ride-hailing companies such as Lyft (Nasdaq: LYFT) and Uber (NYSE: UBER), which say seniors are a driving force in their health care businesses. […]
Seniors — specifically those who are Medicare Advantage (MA) beneficiaries — will be a driving force in Lyft’s (Nasdaq: LYFT) health care business in 2020 and beyond, according to vice president of health care Megan Callahan. “We expect to be working with the majority of the largest MA plans by 2020, as an increasing number […]
A startup delivering on-demand doctor house calls and a growing home care provider are teaming up to better serve older adults in the Los Angeles market. Heal — which has raised more than $71 million since launching in 2014 — and 24 Hour Home Care announced a new partnership agreement Tuesday. The move is yet […]
Technology aimed at improving access to health care, cognition and personal mobility will be key to older Americans’ ability to age in place and the federal government’s capacity to care for them, a new White House report argues. Tech dedicated to assisting with activities of daily living, transportation, and communication and social connectivity will also […]
After submitting its IPO paperwork late last year, Lyft Inc. is set to list its shares on Nasdaq toward the end of next month. As it prepares to go public, the ride-hailing company continues to grow the health care arm of its business, which tackles social determinants of health and helps seniors age in place […]
As health care costs rise unsustainably and the aging population booms like never before, the need for affordable at-home care continues to grow. But from an insurance standpoint, providing that care could soon come with more risk and a higher price tag. “There’s no specific data that is publicly available that speaks to [at-home care […]
The vast majority of America’s older adults hope to remain in their homes and communities as they age. That’s often only possible, however, when they are able to independently leave their homes when needed. To help them do so, San Diego-based GreatCall, a wholly owned subsidiary of Best Buy (NYSE: BBY), is ramping up its […]