Home Health & Hospice Weekly News Roundup

Our weekly list of news, reports, and information about home health and hospice care. Learn about new studies, trends, CMS regulations and more.

Elderly Care Services Market Future Analysis to 2025: St. Luke’s Health System, Koninklijke Kentalis, Brookdale, Encompass Health, Kindred Healthcare, Genesis, Interim HealthCare Inc. and LHC Group

The Elderly Care Services Market report provides with CAGR value fluctuation during the forecast period of 2018-2025 for the market. It includes a comprehensive evaluation of the Market's growth prospects and restrictions. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the Medical Device industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. The market report also provides an analytical assessment of the prime challenges faced by elderly care services market currently and in the coming years, which helps market participants in understanding the problems they may face while operating in this market over a longer period of time.

Amedisys Acquires First Oklahoma Hospice Venture

It has been a busy week for the leaders of home health, hospice and personal care company Amedisys, who have announced an acquisition, the retirement of a board member, and the authorization of a stock repurchase program. The directors of Amedisys, which is officially headquartered in Louisiana but has an executive office in Cummins Station, have approved a buying back of up to $100 million of the company's stock through March 1 of next year, a move CEO Paul Kusserow said was helped by cash flow improvements. Kusserow added that accretive acquisitions still remain the company’s first priority for capital deployment.

BAYADA Home Health Care and AmeriHealth Caritas Announce Value-Based PerformPlus® Collaboration

BAYADA Home Health Care and AmeriHealth Caritas today announced they have entered into a value-based agreement to improve patient health, reduce unnecessary cost, and promote accountable care at home. Developed as part of AmeriHealth Caritas’s PerformPlus® suite of value-based contracting programs, the agreement is built on a core set of balanced measures to align incentives among providers, like BAYADA, and payers, like AmeriHealth Caritas, in a shared goal of increasing positive patient outcomes and economic stewardship. “By incentivizing providers for better outcomes and efficiency, we help keep our members healthier and, as a result, out of the hospital and emergency room,” said AmeriHealth Caritas Executive Vice President of Health Services Marilyn Eckley. “This new program is a natural step in our continued relationship with BAYADA to help our members live in their own homes and communities. BAYADA’s long track record of delivering standard-setting home health services made it a clear choice for our first value-based agreement with a home health services provider.”

Lawmakers Push to Keep Seniors at Home with Newly Introduced Bills

A bipartisan group of U.S. lawmakers has introduced two new pieces of legislation aimed at making it easier — and more financially secure — for seniors and individuals with disabilities to receive care at home. The move is yet another recent example of the high-priority position home-based care has developed on Capitol Hill as America’s baby boomers age and health care costs skyrocket. On Monday, Reps. Debbie Dingell (D-Mich.), Fred Upton (R-Mich.) and Brett Guthrie (R-Ky.) simultaneously introduced the Ensuring Medicaid Provides Opportunities for Widespread Equity, Resources (EMPOWER) and Care Act, along with the Protecting Married Seniors from Impoverishment Act.