Our weekly list of news, reports, and information about home health and hospice care. Learn about new studies, trends, CMS regulations and more.
The US Post-Acute Care (PAC) Market Evolving Technology and Growth Outlook: Amedisys Inc., LHC Group, Inc., Genesis Healthcare, Inc.
The US Post-Acute Care (PAC) Market provides an in-depth analysis of the The US Post-Acute Care (PAC) market by value and by volume. The report provides a regional analysis of the Post-Acute Care (PAC) market of the United States. The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall The US Post-Acute Care (PAC) market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The market expects Amedisys (AMED) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2019. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 18. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This home health care and hospice services provider is expected to post quarterly earnings of $0.93 per share in its upcoming report, which represents a year-over-year change of +2.2%. Revenues are expected to be $510.37 million, up 17.5% from the year-ago quarter.
BAYADA Home Health Care is pleased to announce that Orangetown resident Alex DiMenna has joined the company as director of the Tarrytown office serving Bronx, Orange, Putnam, Rockland, and Westchester counties. BAYADA is a leading provider of one-on-one skilled nursing and health care services for adults and children of all ages who have serious diagnoses and complex medical needs.
The U.S. Centers for Medicare & Medicaid Services (CMS) announced last month that Home Health Compare — its consumer-facing database of home health provider quality information — will soon be incorporated with seven other Compare sites to create a larger tool named “Medicare Care Compare.” The goal is to consolidate and make the Compare tool more user-friendly. That’s a goal that hasn’t always been hit in the past, as most Medicare beneficiaries and their families have reported trouble using the online resource from CMS. “To meet the needs of today’s Medicare beneficiaries and improve the online Medicare customer experience, CMS plans to combine and standardize these eight existing Compare tools, allowing users to access the same information through a single point of entry and simplified navigation to find the information that is currently divided in places like Nursing Home Compare and Hospital Compare,” CMS Administrator Seema Verma said in blog post.