Home care is more affordable that many realize, as 49% overestimated the cost by more than $6 an hour, a recent Home Instead Senior Care poll shows. Around 73% of surveyed seniors and their families who receive paid home care found it to be at a good value and were satisfied with their care; the […]
Category: Home Healthcare
Almost Family, a home health company, announced it agreed to buy Cambridge Home Health Care Holdings for $32.5 million in cash. Cambridge Home Health is a $38 million-a-year operation with 38 offices in Ohio and Pennsylvania, including locations in Columbus, Newark and Zanesville. “We are extremely pleased to announce the signing of a definitive agreement to […]
In an ongoing effort to stem the Medicare funding crisis, the Centers for Medicare & Medicaid Services (CMS) recently listed some proposed changes to the 2012 Medicare home health payment system that are meant to result in greater efficiency and payment accuracy. One such proposal, which was displayed at the Federal Register, is to decrease Medicare […]
Right at Home International, a franchise operator for senior home care and assistance expanded the Chinese market through a master franchise license agreement in Beijing, China. According to the company, it’s the first U.S. in home senior care franchise to move into China. “The potential for growth is tremendous,” according to Allen Hager, Right at Home […]
Provena Health and Resurrection Health Care recently announced their decision to merge organizations to create the single-largest Catholic health care provider in Illinois. The merger produces a patient, resident, and family-centered health system that will be one of the largest integrated systems in the state, with nearly $3 billion in operating revenues, says Provena, adding […]
WellPoint, Inc. (NYSE: WLP) announced an agreement to acquire CareMore, a senior focused health care delivery program for $800 million reports the New York Times. CareMore’s program provides Medicare Advantage plans and clinics designed to deliver proactive, integrated, individualized health care to approximately 54,000 members. CareMore’s regional footprint is located in various California, Arizona and Nevada markets […]
A group of Senators reintroduced a bill last week that aims to address shortages of doctors, nurses and other long-term care professionals as part of an effort during Older Americans Month. The Caring for an Aging America Act, brought forward by U.S. Senator Barbara Boxer (D-CA) along with Senators Herb Kohl (D-WI), Bernie Sanders (D-VT) […]
Last week, the Senate Special Committee on Aging conducted a hearing on ways to further eldercare services through the reauthorization of the Older Americans Act (OAA). The current OAA programs provide assistance to over 10 million older adults by helping them to live independently in their communities through home care services, congregate and home delivered […]
The home healthcare technology industry could generate $15 billion in revenue by the year 2020 according to a new study published by Incucomm. With funding from ActiveCare, Inc, the study found the market is currently split into two specific segments, Personal Emergency Response System (PERS) and ActiveHome Monitoring System (ACTIVE HOME). While adoption of these types of […]
HCPro and its subsidiary Beacon Health launched consulting divisions to provide customized solutions to meet clients’ most complex educational needs. Clients will receive personalized, hands-on service from HCPro and Beacon Health consultants, who will work with them to achieve efficient, customized solutions in areas such as revenue cycle/case-mix analysis, Medicare compliance, survey preparation and remediation, and […]
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