The post-acute landscape is changing rapidly for home health and hospice: regulations, reimbursements, and technology are all shifting, creating a dynamic environment for providers large and small. As organizations try to find their footing amid increased competition and the need for growth, they’re also facing requirements to deliver value-based care for meaningful engagement throughout the […]
The post-acute landscape is changing rapidly for home health and hospice: regulations, reimbursements, and technology are all shifting, creating a dynamic environment for providers large and small. As organizations try to find their footing amid increased competition and the need for growth, they’re also facing requirements to deliver value-based care for meaningful engagement throughout the […]
As enrollment in Medicare Advantage continues to surge, major players such as Amedisys (Nasdaq: AMED) and LHC Group (Nasdaq: LHCG) see a huge opportunity that could bring higher payments. These home health providers see that Medicare Advantage (MA) rolls are large and growing. Medicare Advantage enrollment has grown 71% since the Affordable Care Act was […]
World demand for home medical equipment is expected to rise 7% yearly and reach $28 billion in 2016 according to a report from Freedonia. While the United States will remain the largest market globally, the BRIC countries will be the fastest growing markets as economic prosperity increases. “In these countries, home health care activity will […]
Independa announced it closed a Series A Preferred Stock financing at $5 million to expand sales, research and development, and distribution of its technology to provide independent living solutions. The funding comes from City Hill Ventures, a previous investor, and strategic partner LG Electronics USA, with participation by additional investors. The respective amounts of investment from […]
AssuraMed announced it has signed a definitive agreement to acquire Invacare Supply Group, a division of Invacare Corporation (NYSE: IVC) for $150 million. The deal is part of Invacare’s focus on its globalization strategy to harmonize core global product lines and reduce complexity within its business. For AssuraMed, a leader in wholesale and home-delivered medical supplies across the […]
Spending on senior care services, which includes skilled nursing, home health care and assisted living are predicted to grow 5.2 percent annually and will amount to $319.5 billion by 2016 according to the Freedonia Group. Skilled nursing saw facilities revenue come in at $106.9 billion in 2011 according to the study and are projected to […]
Advanced Home Care (AHC), a non-profit hospital affiliated company announced last week its acquisition of Extrakare, LLC, a move that helps the company expand its home medical and equipment services into Northern Georgia. Since its founding in Norcross, Georgia in 2004, Extrakare has become a leading provider of home oxygen, positive airway pressure (PAP) and […]
Epic Health Services announced it has acquired AmeriCare, a Medicare certified home health agency with three locations in the Boston area. The acquisition provides Epic with three new service lines: home nursing for clients with psychiatric and other behavioral issues, private-pay personal care for older adults, as well as nursing and aide services for other elderly […]
The U.S. Department of Health and Human Services (HHS) released a proposed rule to strengthen the privacy and security protections for health information established under the Health Insurance Portability and Accountability Act of 1996 (HIPAA) on Thursday. “Much has changed in health care since HIPAA was enacted over fifteen years ago,” said HHS Secretary Kathleen Sebelius. […]
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