Home-based care leaders are gaining some gusto. They are at the helm of the organizations that should, theoretically, be the beneficiaries of an overload of demand over the next decade. In the past, providers have pleaded for a “seat at the table” in the health care continuum. But, to a certain extent, they now hold […]
Category: HHCN+
More people than ever want to age in place, but payment and staffing concerns linger in the larger home-based care space. This emphasizes the need for scalable, efficient, high-quality solutions to meet the growing service demand. As a result, artificial intelligence is emerging as a crucial tool. AI is a multifaceted field focused on creating […]
Pennant completes acquisition of Signature assets The Pennant Group (Nasdaq: PNTG) has completed its acquisition of Signature Healthcare at Home’s Washington and Idaho assets. With an $80 million purchase price, the transaction was the largest in Pennant history. The deal was first announced in early July, and is just one of many deals Pennant has […]
Home health providers have lately been hamstrung by payment rate cuts, staffing woes and Medicare Advantage (MA) penetration. However, despite these obstacles, the industry still holds significant potential and numerous untapped opportunities. Looking ahead to 2025, it is anticipated that M&A, updated payment models, and innovations in staffing and retention will be key themes. Additionally, […]
Home health workers can be vulnerable as they face an unprotected and unpredictable environment each time they enter a patient’s home. The spectrum of violence ranges from verbal abuse to stalking or threats of assault to homicide, according to the National Institute for Occupational Safety and Health (NIOSH). Violence impacts not only the individual, but […]
There are certain headwinds affecting all home-based care providers right now, whether it be in payment, staffing or otherwise. Amid those challenges, the largest companies are all taking slightly different approaches to growth. Enhabit Inc. (NYSE: EHAB), for instance, grabbed the attention of home health providers everywhere last week when it announced that it had […]
The Centers for Medicare & Medicaid Services (CMS) launched the Guiding an Improved Dementia Experience (GUIDE) Model on July 1, which aims to create more comprehensive, coordinated dementia care. Some home-based care providers have been named participants in the program, and many more plan to get involved. CMS hopes the GUIDE Model will improve the […]
When asked to summarize the company’s 2024 thus far, InnovAge Holding Corp. (Nasdaq: INNV) CEO Patrick Blair called it “a year of continuous improvement.” One of the reasons for this is that — after putting its regulatory challenges in the rearview — is the company continuous fine-tuning of compliance. It has also assembled a management […]
Enhabit Inc. (NYSE: EHAB) CEO Barb Jacobsmeyer said Wednesday that the company would terminate its contract with the country’s largest Medicare Advantage (MA) payer, UnitedHealth Group’s (NYSE UNH) UnitedHealthcare. UnitedHealthcare accounts for 9.4 million MA beneficiaries, or 29% of all enrollees, according to the Kaiser Family Foundation. Humana Inc. (NYSE: HUM), which is the second-largest […]
Pediatric home health care is a tough business to be in, but it’s also one filled with opportunity if providers can find operating models that work. The U.S. pediatric home health care market was estimated to be valued at $12.53 billion in 2023. It is expected to grow at a compound annual growth rate of […]