When Homespire launched in May, the goal of the new private-duty home care model was simple: Use an in-home approach to cut health care costs, reduce rehospitalization rates and prevent emergency room visits for Utah’s rapidly aging population. Six months later, the joint venture between Intermountain Healthcare and Lifesprk is already reaching key benchmarks, most Read More

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Home- and community-based care giant BrightSpring Health Services — formerly known as ResCare — plans to merge with pharmacy company PharMerica. The two companies will be under the private equity ownership of KKR, with an affiliate of Walgreens Boots Alliance (Nasdaq: WBA) holding a minority stake, according to an announcement issued Tuesday. Full financial terms Read More

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After a down couple of months mirroring broader economic trends, home health stocks are headed back up. Home health stocks climbed by more than 21% in November compared to the previous month, according to the most recent Home Health Index (HHI) from Stoneridge Partners, a mergers-and-acquisitions firm based in Louisville, Kentucky. The HHI is a Read More

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In the midst of an ongoing labor crunch, one electronic health monitoring company is rolling out a virtual caregiver named “Addison” and is positioning itself to work with private-duty home care agencies. SameDay Security has raised $35 million to make it happen. The funds, of which about $32 million came from the recently completed Series Read More

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We surveyed executives across the country, and they shared best practices for overcoming the greatest issues facing their healthcare organizations. From taming revenue losses to tracking payer processes, the winning techniques are revealed in our must-read flipbook. You’ll discover how to: Overcome inaccurate reporting Cope with declining patient satisfaction Capture revenue instead of it being Read More

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The 11th episode of our podcast, Disrupt, is now available! Since joining HomeWatch Caregivers in 2015, Julie Smith has led the company from being family-owned to being in private equity ownership, through transactions that set industry records for their multiples. Today, HomeWatch Caregivers is leveraging the PE capital to expand its footprint, and it is also bolstering its technology Read More

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LHC Group, LifePoint Health Expand Partnership Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG) is building one of its key joint ventures. On Monday, LHC Group and health network LifePoint Health announced that the companies have finalized two transactions to purchase and share ownership of a pair of home health organizations. They include Hickory, North Carolina-based Guardian Read More

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The Centers for Medicare & Medicaid Services (CMS) did not meet its publicly announced Monday goal of launching the Review Choice Demonstration (RCD) in Illinois. RCD is a revamped version of CMS’ widely opposed Pre-Claim Review Demonstration (PCRD) from 2016, an initiative that required home health providers to send in their Medicare claims earlier in Read More

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Brookdale Senior Living (NYSE: BKD) should split into two entities, activist investor Land & Buildings said in an open letter released Monday. Under the proposal, Brookdale would create a real estate investment trust (REIT) for its owned properties and a separate public company for its management business, including its ancillary services division that includes home health. Read More

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Technology titan Apple Inc. (Nasdaq: AAPL) has taken yet another step toward becoming an important player in the health care world and a potential resource for home-based care providers, particularly when it comes to heart health. Cupertino, California-based Apple announced Thursday that the newly available ECG app on its Apple Watch Series 4 model will Read More

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