Faced with ongoing financial pressures exacerbated by Covid-19, Brookdale Senior Living (NYSE: BKD) reportedly is considering divesting its home health and hospice segments in order to shore up its liquidity. The Brentwood, Tennessee-based senior living provider is in early discussions about a possible sale, and is being provided with sell-side advice from Bank of America, […]
Category: Home Healthcare
A partnership with tech-forward home care startup Honor has enabled senior living nonprofit Eskaton to boost revenue and smoothed the organization’s expansion into new markets. But the partnership did not get off to an auspicious start. Sacramento, California-based Eskaton completed its transition to the Honor platform in Dec. 2018, and issues emerged soon after. “By […]
Senior living providers could have a golden chance to acquire home health agencies early next year. Although, the opportunity is not for the faint of heart. On January 1, 2020, a new home health Medicare payment framework will take effect. Dubbed the patient-driven groupings model (PDGM), the system could overwhelm smaller home health agencies and […]
As part of a recently devised strategic plan, Kendal at Home is starting to become more integrated into the continuing care retirement communities (CCRCs) of Kendal Corp., one of the largest non-profit senior housing operators in the nation. Founded in 2003, Kendal at Home was an early example of a “CCRC Without Walls” program, in […]
One the largest providers of home health care in the United States is rapidly growing its business division focused on providing services within senior living communities. Moorestown, New Jersey-based Bayada Home Health Care launched its Bayada Senior Living arm about a decade ago, recognizing a market need. Now, that division of Bayada is growing even […]
Just over a year after its official launch, Maplewood Senior Living’s home care division is disbanding. Specifically, the Westport, Connecticut-based senior housing provider is shutting down its Maplewood at Home division over the next two months, The News-Times reported. Maplewood Senior Living had not responded to Senior Housing News’ request for comment as of press […]
For senior living operators, partnerships with outside health care organizations can hold tremendous value—but they must be approached carefully to actually work. New Jersey-based Brandywine Living, which operates 29 communities across six states, has learned this firsthand. Six of Brandywine’s communities have partnered with Bayada Home Health Care, which is also based in the Garden […]
Large senior living providers across the nation, including Senior Lifestyle Corp. and Five Star Senior Living (NYSE: FVE), are building out their ancillary services, including home health. But this trend extends to smaller companies as well, such as Omaha, Nebraska-based Heritage Communities. “We decided to start a home health service line because we realize not every […]
As the baby boomer generation ages in the coming years, demand for private-pay senior living is expected to soar—but so too is demand for at-home care. Many independent living and assisted living companies are taking a closer look than ever before at the opportunity and risks in expanding their services to include private-pay personal care […]
As the baby boomer generation ages in the coming years, demand for private-pay senior living is expected to soar—but so too is demand for at-home care. Recognizing this, many independent living and assisted living companies are taking a closer look than ever before at the opportunity and risks in expanding their services to include private-pay […]