2020 profits rise for Addus, Pennant, despite pandemic
By
Liza Berger
Mar 01, 2021
While COVID-19 had an impact, two companies that provide home health recently reported strong yearly earnings and sales.
Vaccine mandate brings relief to home care agencies but raises questions
By
Diane Eastabrook
Sep 13, 2021
President Biden’s vaccine mandate for workers at healthcare agencies receiving Medicare and Medicaid was the kind of good news Louisiana home care agencies needed.
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...
In-home care can be ‘game changer’ for senior living industry: survey
By
Kimberly Bonvissuto
May 26, 2021
Senior living communities that provide off-campus, in-home services are a “game changer,” providing serious competition with traditional home care companies, according to the newly released results...
Anthem to buy home-based care management company myNEXUS
By
Joe Jancsurak
Mar 26, 2021
Health insurer Anthem Inc. disclosed on Wednesday plans to acquire myNexus Inc., a home-based nursing management company, for an undisclosed amount from an investor group led by New York City-based private...
Coronavirus protocols, leverage position Brookdale for long-term growth
By
Kimberly Bonvissuto
Feb 26, 2021
Implementing protocols to protect residents and associates during the pandemic, and an agreement to sell a majority stake in its home health and hospice business, sets Brookdale Senior Living up for long-term...
Amedisys’ home health volume increases by 5% for Q4 2020 as profits soar by 63%
By
Joe Jancsurak
Feb 26, 2021
Speaking like a proud captain of a ship, Amedisys Inc., Chairman and CEO Paul Kusserow said Thursday that his team successfully “turned PDGM (Patient-Driven Groupings Model) headwinds into tailwinds”...
LHC Group’s profits jump in Q1 despite COVID-19 conditions, as firm plans to accelerate M and A activity
By
Diane Eastabrook
May 06, 2021
Still battling the fallout from the COVID-19 pandemic, LHC Group, one of the largest home health companies in the United States, made a substantial profit in the first quarter, the company reported late...
Pennant puts acquisitions on hold for senior living but not home health, hospice
By
Lois A. Bowers
Feb 26, 2021
In the midst of a “challenging operating environment” for senior living, The Pennant Group does not plan to allocate capital for acquisitions in the sector in the near term “as our leaders focus...
The power of interoperability and why your business needs it
By
Tim Ingram
Aug 05, 2021
Finding a software that offers data interoperability is essential to the very lifeblood of an organization.