Brookdale Senior Living (NYSE: BKD) has sold its 20% stake in the home health, hospice and therapy joint venture it has with HCA Healthcare (NYSE: HCA). The company announced the news Wednesday, but did not specify who it sold the remaining stake to. It did announce the price tag, however, which was $27 million. In […]
Some of the best stories are the ones that might not have made the biggest splash, initially. That’s why, as the year comes to a close, Home Health Care News wanted to take a look back and call attention to some of our favorite under-the-radar stories. These stories cover the most well-known companies in the […]
In the first year that truly felt “post-COVID,” home-based care providers did not see a shortage of challenges. Instead, in 2023, home health providers saw another year defined by payment struggles, with both the Centers for Medicare & Medicaid Services (CMS) and Medicare Advantage (MA) plans. Home care providers, meanwhile, were still grappling with high […]
To find the most memorable home-based care executive quotes in 2023, Home Health Care News employed a strategy that is part art, part science. Ultimately, the quotes chosen resonated the most with HHCN’s staff and readers. They were prescient, controversial, telling and highly relevant to provider struggles and opportunities. They touched on the Centers for […]
Over the last week, a potential Cigna Group (NYSE: CI) and Humana Inc. (NYSE: HUM) combination has gone from a rumor to a real possibility. After I reported on the topic for Home Health Care News on Tuesday, Reuters and The Wall Street Journal confirmed that the two companies were in talks, on Wednesday and […]
UnitedHealth Group (NYSE: UNH) had its annual investor day Wednesday. While the event has included much about home-based care in the past, this time, home health care gained an even brighter spotlight with LHC Group President and CEO Josh Proffitt presenting. Company leaders spent the day tying home-based care to all sorts of initiatives: to […]
It’s been a monumental year for the home health giant LHC Group, which was officially acquired by UnitedHealth Group’s (NYSE: UNH) Optum in February. The same can be said for Keith Myers, LHC Group’s longtime leader. In his position, Myers — now CEO Emeritus of LHC Group and a special advisor to Optum — has […]
Running a home health company in 2023 is not the same job it was 5 or 10 years ago. Leaders are now tasked with building next-generation home health entities, ones that can survive now and thrive later. In many ways, a company like Compassus already exemplifies what it means to be a next-generation home health […]
The second day of Home Health Care News’ FUTURE event began with an off-the-record breakfast conversation between HHCN+ subscribers. To kick the day off, I decided to poll the room by asking, “Does anyone in here have a Medicare Advantage success story that they could share with us?” The idea was to get a personal […]
The U.S. Centers for Medicare & Medicaid Services’ (CMS) home health proposed payment rule – which would slash rates by 2.2%, or an estimated $375 million less compared to 2023 levels – drew the ire of the industry’s heaviest hitters during the public comment period. The comments were critical of the proposed rule itself. They […]
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