Humana, reporting 2020 4Q loss, remains bullish on home care
By
Joe Jancsurak
Feb 04, 2021
During an earnings call on Wednesday, Humana executives called attention to the ongoing financial impact of the pandemic, which contributed to a loss for the fourth quarter of $458 million, or $2.07 diluted...
Encompass Health’s 2020 4Q profits rise as home health revenue drops
By
Joe Jancsurak
Feb 01, 2021
A 2.5% bump in fourth-quarter net operating revenues helped boost profits for Encompass Health Corp., one of the country’s largest home health providers, to $86 million in the quarter from $67.6 million...
Home health employers may not need to compensate workers for travel time, extended shifts in some cases:...
By
Joe Jancsurak
Jan 08, 2021
Home care workers may not need to be compensated for some travel time or time they spend in clients’ homes under certain conditions, according to opinion letters issued Dec. 31 by the Department of Labor.
NAHC assessment of COVID-19 relief bill: more work to be done
By
Joe Jancsurak
Jan 07, 2021
Although the $900 billion COVID-19 relief bill recently signed into law contains positive provisions for the home care and hospice segments, much more needs to be done to ensure that providers can continue...
Connected Home Living, People Power partner to advance telehealth at home
By
Joe Jancsurak
Jan 05, 2021
People Power, a developer of intelligent in-home connected services for the home healthcare industry, and Connected Home Living, a provider of telehealth and remote care monitoring, have announced a partnership...
Long-term care financing: Much work remains
By
Joe Jancsurak
Dec 11, 2020
From expanding Medicare Advantage plans, to better integrating the healthcare system, to developing government-assisted private insurance options to expand long-term care coverage for a rapidly aging middle-class...
AccentCare and Seasons Hospice & Palliative Care announce merger
By
Joe Jancsurak
Nov 17, 2020
Dallas-based AccentCare and Rosemont, IL-based Seasons Hospice & Palliative Care have agreed to combine their organizations, the companies announced Monday.
Home healthcare plays major part in LHC Group’s Q3 growth
By
Joe Jancsurak
Nov 06, 2020
The LHC Group saw a 4.7% organic increase in home health admissions in the third quarter of 2020 compared with the same period in 2019, the company said Thursday. Third-quarter gains in home health admissions...
Addus CEO recommits to future acquisitions while announcing third-quarter gains
By
Joe Jancsurak
Nov 05, 2020
Addus HomeCare Corp. executives said they are pleased with the “consistent profitable growth” reflected in the company’s third-quarter financial and operating performance.
Honor secures $140 million to grow home-care network
By
Joe Jancsurak
Oct 29, 2020
Honor, launched in 2014, has secured $140 million in Series D funding, the home care startup announced Tuesday.