While nursing homes have come under fire for widespread COVID-19 infection outbreaks, home-based care providers have been largely regarded in a more positive light. Unlike skilled nursing facilities (SNFs) and senior living centers, home-based care providers have lower virus transmission risks due to the individual nature of the service delivery. As such, hospitals and families […]
Utah-based Intermountain Healthcare is delving deeper into the home with its latest offering: hospital-level in-home care. Intermountain is a health system with 24 hospitals, a medical group with about 160 clinics and its own health insurance plan, among other services. The not-for-profit announced a concerted effort to move more care into the home last year, […]
As home health agencies across the country continue to fight the coronavirus, HCR Home Care is looking ahead to its next battlefield: bouncing back from COVID-19 and preparing for any residual infection waves. That means establishing a bounce-back committee, a personal protective equipment (PPE) stockpile and new procedures and protocols. Previously a relatively minor expense […]
Home-based care providers who have received emergency relief loans as a result of the coronavirus are in luck. Some commonly criticized aspects of the Paycheck Protection Program (PPP) are on the chopping block. On Wednesday, the Senate unanimously voted to approve a bill to reform the program, which was created by the CARES Act and […]
For years, the trend of aging in place has been heating up, with more and more seniors opting to grow old in their homes. Now, the coronavirus has added even more fuel to the fire. Widespread COVID-19 outbreaks at skilled nursing facilities and assisted living centers have further reinforced what home-based care providers have known […]
Nearly every industry in the country is feeling the impact of the COVID-19 virus in one way or another. And the home-based care space is far from immune. However, the in-home care M&A landscape remains relatively strong. While deal activity will undoubtedly slow as a result of the coronavirus, the future looks bright, according to […]
Industry experts have predicted a rise in home health bankruptcies amid the COVID-19 virus. But home health providers likely won’t be the only ones affected by tighter cash flows and unexpected expenses. Ultimately, there’s likely to be increased bankruptcy filings across health care, particularly in industries such as skilled nursing and senior living. That, in […]
From a financial perspective, home health agencies nationwide are struggling to provide care amid the coronavirus. Providers are juggling lower patient volumes and a lack of telehealth reimbursement while also navigating astronomical personal protective equipment (PPE) prices and increased low utilization payment adjustment (LUPA) rates. In New York, those factors and others are expected to […]
Mercy Home Health — a Medicare-certified home health agency under the Trinity Health Mid-Atlantic health system — is no stranger to telehealth. Remote monitoring has been part of the Philadelphia-area provider’s game plan for more than a decade — and a key value-add that has helped the agency nearly double its patient volumes in recent […]
VNA Health Group was one of the first home health care agencies to candidly speak about its experience with the coronavirus — and it has been a vocal industry advocate on the topic ever since. President and CEO Dr. Steven Landers detailed some of the organization’s financial and regulatory challenges for Home Health Care News […]
Subscribe
Receive industry updates and breaking news from HHCN