Dec 17, 2024 · During his time as CEO of home-focused telehealth and remote patient monitoring company Health Recovery Solutions, Jarrett Bauer aimed to help more home-based care providers extend their reach through virtual care. While home-based care is still top of mind for Bauer, he is now addressing a different industry need. He recently launched Montauk AI, a transaction and investment banking platform ...

Dec 4, 2024 · LHC Group President and CEO Josh Proffitt on Wednesday shared a home-based, value-based vision for the company’s future. “Home Care remains deeply fragmented, disconnected and too difficult to navigate,” Proffitt said Wednesday. “It accounts for about $150 billion of the health sector today, and we expect this figure to climb substantially by the end of the decade. By then, 20% of the ...

Jan 2, 2025 · When Amedisys Inc. (Nasdaq: AMED) acquired Contessa Health for $250 million in 2021, it changed the home-based care landscape. While other companies had been toying with high-acuity care in the home, that deal sent a clear message: Home-based care was becoming more than just Medicare-certified home health care and personal care services. Since that point, Contessa Health has had to fight an ...

Dec 20, 2024 · In response to hospital capacity challenges brought on by the COVID-19 pandemic, the Centers for Medicare & Medicaid Services (CMS) collaborated with external experts to create the Acute Hospital Care at Home (AHCAH) initiative. This initiative will expire on Dec. 31 unless Congress extends it. After three years of implementation, early insights regarding quality, costs and care have begun to ...

Nov 27, 2024 · Compassus – one of the largest home-based care organizations in the U.S. – takes a unique path to growth. Of late, the company has formed new joint ventures with prominent health systems. Those JVs come with advantages. “I think that’s a differentiator for us,” Compassus CEO Mike Asselta recently told me. “It’s something that’s really important, our strategy is being aligned ...

Oct 9, 2024 · In July, BrightStar Care reported that it signed 15 new franchisees in the first half of 2024. It also signed 24 new franchise agreements and opened 16 new locations during this period. First noted that BrightStar Care was able to break into new markets, such as New Mexico and Nebraska, for the first time. The company credits a combination of marketing and operational plans for helping it ...

Nov 13, 2024 · “Home-based medical care is a vital piece of the puzzle we need to solve in today’s health care delivery system,” Cory A. Brown, senior community medical director at WellBe Senior Medical, told Home Health Care News. “There are many factors in today’s system that increase the need for home-based care in the future. We are witnessing a rising cost of care, specifically in the gaining ...

Dec 10, 2024 · CareMax could lay off 530 employees – including executives – next year, according to reports. Ultimately, the layoffs are dependent on the

Subscribe Receive industry updates and breaking news from HHCN Subscribe

Nov 8, 2024 · The home infusion industry is experiencing significant growth due to the increasing number of aging patients wanting to remain in their homes. However, like many areas of home-based care, reimbursement isn’t keeping up with the cost of care. Driven by an emphasis on cost-effectiveness, containment and the desire for patients to remain at home while recovering from illness, home infusion is ...