CVS records $349 million loss related to Omnicare long-term care pharmacy business
By
Lois A. Bowers
May 04, 2023
CVS Health in the first quarter recorded a $349 million loss on assets held for sale associated with the Omnicare business.
Assisted living rate increase grows 4.65 percent — more than skilled nursing but less than home care
By
Lois A. Bowers
Feb 17, 2022
The annual median rate in assisted living increased nationally by 4.65% in 2021, according to the results of Genworth’s 18th annual Cost of Care Survey, released Wednesday.
McKnight’s Home Care has moved!
Oct 14, 2021
Please visit McKnightsHomeCare.com for all of the latest home care and home health news.
Government funding of HCBS would give economic ‘boost,’ Moody’s report argues
By
Diane Eastabrook
Sep 23, 2021
An economic report from bond rating company Moody’s calls for increased government funding of home-and-community-based services.
HHS to disburse $25.5B in COVID-19 relief funding
By
Liza Berger
Sep 10, 2021
Home care providers soon may be able to take advantage of a new round of COVID-19 relief funding. The Department of Health and Human Services disclosed Friday that $25.5 billion will be available on Sept....
U.S. News contemplates best of home care
By
Lois A. Bowers
Sep 09, 2021
U.S. News & World Report expands its presence in long-term care with the Monday launch of a new program, “Best Senior Living,” for independent living, assisted living, memory care and continuing care...
Louisiana’s home care agencies now battling two fronts: pandemic, hurricane damage
By
Diane Eastabrook
Aug 31, 2021
As Hurricane Ida left a path of destruction in her wake Monday morning, Louisiana Home Care Association CEO Warren Hebert was busy reaching out to members to assess damage.
American Association for Homecare champions the needs of ostomy patients
By
Diane Eastabrook
Aug 23, 2021
Ostomy patients and the providers who care for them at home have launched an initiative to educate private and public payers about the needs of those patients.
Hospice nonprofits applaud Senate scrutiny of private equity owners
By
Diane Eastabrook
Aug 19, 2021
The National Partnership for Healthcare and Hospice, which represents 80 nonprofit hospices, is welcoming an investigation by the Senate Finance Committee into private equity’s expanding role in the...
Coalition wins $10M grant to promote care economy
By
Diane Eastabrook
Aug 02, 2021
A coalition of groups advocating for home care workers scored a $10 million five-year grant to increase women’s equality by bolstering the care economy.