Amedisys receives $3.26 billion all-cash buyout offer from UnitedHealth Group’s Optum unit
By
Kathleen Steele Gaivin
Jun 06, 2023
Home health and hospice provider Amedisys received an unsolicited all-cash, $3.26 billion ($100 per share) offer Monday from UnitedHealth, through its Optum unit, to acquire all of the outstanding shares...
Home health, hospice among top private equity healthcare acquisition targets
By
Kathleen Steele Gaivin
Feb 27, 2023
Private equity healthcare investments in 2022 were the second highest on record after 2021, in terms of disclosed deal value and deal count. Home health and hospice both made it into the top 15 categories...
Sharing ownership data good for enforcers, families, researchers, HHS secretary says
By
Kathleen Steele Gaivin
Apr 21, 2023
Medicare-certified home health agencies and hospice programs will be subject to additional scrutiny with Thursday’s announcement by the Department of Health and Human Services of the release of ownership...
Pennant sees ‘meaningful progress’ in fourth quarter
By
Kathleen Steele Gaivin
Feb 27, 2023
Despite labor and inflationary pressures, the Pennant Group’s full-year and fourth-quarter 2022 financial results demonstrate progress in both senior living and home health / hospice, according to Brent...
Long-term care rates up 1 to 10 percent: survey
By
Kathleen Steele Gaivin
Mar 13, 2024
Year-over-year rate increases in long-term care ranged from 1% to 10% across setting types, according to the results of Genworth’s Cost of Care Survey 2023, published Tuesday.
Covenant Woods ‘ups game’ with expansion into home care for CCRC residents
By
Kathleen Steele Gaivin
Oct 21, 2021
Richmond, VA-based Covenant Woods has undergone an expansion, not of its physical plant, but of at-home care options for residents of the life plan community and Central Virginia neighbors within a 50-mile...
APRNs, home health / personal care aides top healthcare careers in 2024
By
Kathleen Steele Gaivin
Feb 28, 2024
Advanced practice registered nurses and home health and personal care aides lead the list of top healthcare careers in 2024, according to a study from digital healthcare platform Tebra.
Federal government boosts support of HCBS, releases worker registry guidance
By
Kathleen Steele Gaivin
Dec 13, 2023
When the American Rescue Plan Act was passed in 2021, home- and community-based services were estimated to receive $12 billion. Now, $37 billion is now being used for HCBS across the country in all 50...
New insurance rider aims to be solution for LTSS funding
By
Kathleen Steele Gaivin
Nov 30, 2023
Transamerica Corp. has introduced a flexible long-term care insurance rider, the Cedar Rapids, IA-based holding company announced Monday. The rider is meant to provide an extra layer of savings when the...