[Updated] CMS Finalizes 0.5% Home Health Payment Increase For …
Nov 1, 2024 · In June, CMS proposed a 1.7% decrease in payments for 2025, or an about $280 million aggregate reduction compared to 2024 levels.Within that proposal was also a permanent prospective adjustment to the CY 2025 home health payment rate of -4.067%. As detailed above, CMS is finalizing a permanent prospective adjustment of -1.975% to the CY 2025 home health payment rate, short of what was proposed ...
Optum, LHC Group Put Pedal Down On Home-Based Care Efforts
Dec 4, 2024 · LHC Group President and CEO Josh Proffitt on Wednesday shared a home-based, value-based vision for the company’s future. UnitedHealth Group’s (NYSE: UNH) Optum acquired LHC Group last year for $5.4 billion. “Home Care remains deeply fragmented, disconnected and too difficult to navigate,” Proffitt said Wednesday.
Choice Health at Home Acquires Accentra, Sets Stage For Further …
Nov 5, 2024 · Choice Health at Home is acquiring the Oklahoma City-based Accentra Home Health and Hospice. The company has also closed on $260 million of new leveraged capital to continue expanding throughout the Southwestern U.S., Choice CEO David Jackson told Home Health Care News.
Home - Home Health Care News
Jan 3, 2025 · Home Health Care News (HHCN) is the leading source for news and information covering the home health industry. HHCN is part of the Aging Media Network.
2 Years After Its Rebrand, CenterWell Home Health Is Set On …
Sep 24, 2024 · Kirk Allen, the president of home solutions at Humana Inc. (NYSE: HUM), is living a home health veteran’s dream. Right now, he is heads down on helping create a value-based home health model within CenterWell, Humana’s provider services arm.
As The Year End Looms, Home Care-Related Policy Proposals Heat …
Dec 6, 2024 · Additionally, a bipartisan group of 41 senators recently sent a letter to Senate leadership, warning that further cuts will reduce the quality of care. They highlighted that this marks the fifth consecutive year of funding cuts. “Persistent instability in the health care sector – partly due to continuous payment cuts – affects the ability of …
The Table-Stakes Technology Entering Home-Based Care In 2025 …
Dec 5, 2024 · Founded in 1980, Colorado-based Homewatch CareGivers provides full-service home care through a network of 243 franchised locations. In addition to AI, other efficient and scalable technologies clear the path for provider objectives, such as more quality and hands-on care, growth, cost reduction and employee satisfaction.
Specific Training Is Crucial To Prepare The Next Generation For …
Nov 13, 2024 · “The demand will be high for a patient care model and a care delivery system that is focused in the patient’s home,” Brown said. “Our patients and their families deserve to have access to high-quality care, at the right time, with the right provider, in …
How Vesta Healthcare Raised Over $60M To ‘Integrate’ Personal …
Oct 3, 2024 · On some days, Vesta Healthcare CEO Randy Klein’s job requires some preaching. Having a unique business model is a strength, but it also means dedicating time to explain how the company operates and its overall value add.
The Future of Cloud-Based Solutions in Home Health
Oct 7, 2024 · In the evolving landscape of home-based care, cloud-based solutions play a pivotal role in enhancing accessibility, data security and operational efficiency.