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All posts tagged with “Post-Acute Care News | Private Duty News.”
The Vistria Group, Centerbridge Partners Reportedly Weighing Help at Home Sale
12/14/23 at 03:19 AMThe Vistria Group, Centerbridge Partners Reportedly Weighing Help at Home SaleHome Health Care NewsDecember 12, 2023The Vistria Group and Centerbridge Partners are “weighing options” around the future of Help at Home, including a potential sale. Bloomberg first reported the news late Tuesday, citing “people with knowledge of the matter.” Based in Chicago, Help at Home is one of the largest providers of home- and community-based services in the country. It has more than 180 branch locations across 11 states, and provides care to more than 66,000 people via its 53,000 caregivers.
Kroger Health boosts investment in senior primary care
12/13/23 at 03:58 AMKroger Health boosts investment in senior primary careModern HealthcareDecember 11, 2023Kroger is testing a strategic shift for its in-store clinics and moving into primary care for seniors. This month, its Kroger Health unit transitioned eight of The Little Clinic sites in Atlanta to focus on seniors, in addition to their regular services. If the change proves successful, Kroger wants to expand it to other existing locations and potentially new markets, said Jim Kirby, Kroger Health’s chief commercial officer. “We want to make sure that we’ve got the model right, and that we’re seeing the outcomes from the patients that we expect,” he said. “We want them to have that relationship with us, [so] that we can go deep with them, and we can do the best job we can to quarterback their care.”
Best Buy to expand health offerings with new partner
12/13/23 at 03:55 AMBest Buy to expand health offerings with new partnerModern HealthcareDecember 11, 2023Best Buy plans to expand its healthcare offerings through a new partnership with Biobeat, a remote patient monitoring company. The partnership is the latest effort by the retailer’s Best Buy Health unit to bolster its at-home health strategy. Best Buy Health aims to provide the technology side of at-home care through its Current Health subsidiary, which Best Buy acquired in 2021 for $400 million. ... Terms of the partnership were not disclosed. ... Biobeat allows patients to remotely view several health metrics, including cuffless blood pressure, pulse rate, respiratory rate, blood oxygen saturation, stroke volume and cardiac output through wearable devices.
Home care largely unaffordable, especially for middle-class seniors, Harvard research shows
12/12/23 at 03:24 AMHome care largely unaffordable, especially for middle-class seniors, Harvard research showsMcKnight’s Home Care DailyDecember 11, 2023The majority of people in need of long-term care in the home are unable to afford it, according to a new Harvard Joint Center for Housing Studies report. The study, sponsored by the National Investment Center and released on Nov. 30, used census data to investigate seniors’ ability to keep up with the rising costs of home care. According to the data, only 14% of single person-households aged 75 years and older can afford daily home health visits. Meanwhile, alternatives like assisted living, are also largely out of reach to a majority of average-income seniors. “The median cost of a home health aide in the U.S. is $27 an hour, and services typically must be purchased in four-hour blocks—resulting in a minimum cost of over $100 per day,” the researchers explained in the study.
California system to lay off 160 amid planned home health sale
12/09/23 at 04:00 AMCalifornia system to lay off 160 amid planned home health saleBecker’s Hospital CFO ReportDecember 6, 2023Walnut Creek, Calif.-based John Muir Health is laying off 164 employees in Concord ahead of a planned sale of its home health services division to Cornerstone Home Healthcare. John Muir announced in October that it would transfer its home health assets to a company currently owned by Cornerstone; that transaction is expected to close Jan. 1. Once the deal is closed, Cornerstone will be the majority owner and John Muir will operate a 40% minority stake, a spokesperson for the health system told Becker’s on Dec. 6. According to WARN documents filed with the state, 164 John Muir Home Health employees will be laid off by Dec. 29, but they have the opportunity to apply to the new company under Cornerstone.
New Mexico’s Medicaid Rate Hike Bodes Well For Addus, Other Home-Based Care Providers
12/09/23 at 04:00 AMNew Mexico’s Medicaid Rate Hike Bodes Well For Addus, Other Home-Based Care ProvidersHome Health Care NewsDecember 7, 2023New Mexico is increasing its reimbursement rates for providers that bill Medicaid in the state. Overall, providers are set to get an additional $409 million in reimbursement. The increases will start taking shape on claims made on or after July 1, 2023. Another rate hike is expected in the future for CY 2025. “Thanks to this substantial funding boost, Medicaid providers across New Mexico will now receive reimbursements at rates as high as 120% of Medicare,” Lorelei Kellogg, the acting director for the New Mexico Medicaid program, said in a press release. “By elevating rates, New Mexico Medicaid continues to work toward the goal of ensuring that all New Mexicans enrolled in the program have access to vital health care services.”
Mass. lawmakers approve measure allowing more home health care workers to unionize
12/09/23 at 03:05 AMMass. lawmakers approve measure allowing more home health care workers to unionizeWBUR-FM (Boston, MA)December 7, 2023Thousands of home health care workers in Massachusetts are newly eligible to organize and join a union under legislation passed by the state legislature this week. Union officials estimate the change will allow some 4,000 home health care workers to unionize. About 58,000 personal care attendants paid by MassHealth are already unionized and represented by SEIU 1199.
In key home care victory, House passes Elizabeth Dole Home Care Act
12/08/23 at 04:00 AMIn key home care victory, House passes Elizabeth Dole Home Care ActMcKnight’s Home Care DailyDecember 7, 2023Providers, industry organizations and advocates applauded the House’s passage of the Elizabeth Dole Home Care Act on Tuesday evening. “It’s a good recognition, especially on the House’s part, that reinforces home care as an industry,” Jason Lee, chief executive officer of the Home Care Association of America, said in an interview on Wednesday with McKnight’s Home Care Daily Pulse. “They see the value in the services, and that is so critically important.” The Elizabeth Dole Home Care Act would introduce various provisions to make home care more accessible for veterans. Among the key ones: The cost of providing veterans noninstitutional alternatives to nursing home services, such as home care, may not exceed 100% of the cost that would have been incurred if they had received Department of Veterans Affairs nursing home care. ... Of course, the Elizabeth Dole Home Care Act still has to win Senate approval.
More people with dementia opting to age in place over senior living
12/08/23 at 03:59 AMMore people with dementia opting to age in place over senior livingMcKnight’s Senior LivingDecember 7, 2023People living with dementia are more likely to choose aging in place over an assisted living or a continuing care retirement community, according to a new study. A research letter in the Journal of the American Geriatrics Society reported that over the last two decades, a variety of factors have shifted where people with dementia live, including family caregiver availability, declining marriage and birth rates, alternative residential care arrangements, Medicaid expansion of home- and community-based services and the long-term care workforce crisis. Researchers said their study showed that the COVID-19 pandemic noticeably altered living arrangements for individuals living with dementia, increasing the number of those opting to age in place. ... What concerned researchers was increasing functional impairment and levels of unmet needs among those living alone or in a residential care setting, including assisted living and CCRCs, “given the limited regulatory oversight and lack of uniformity in services available in these settings.”
Care Advantage Acquires Nova Home Health Care, Delivers On 18th Acquisition Since 2018
12/08/23 at 03:23 AMCare Advantage Acquires Nova Home Health Care, Delivers On 18th Acquisition Since 2018Home Health Care NewsDecember 6, 2023Care Advantage announced Tuesday that it has acquired Nova Home Health Care. The acquisition expands Care Advantage’s Northern Virginia footprint—a market that CEO Tim Hanold believes is an important one for current and future growth. ... Hanold told Home Health Care News, “... Northern Virginia is part of the Metropolitan D.C. area, and is a very diverse market. We want to make sure that we’re approaching that in a smart and culturally sensitive way.” Richmond, Virginia-based Care Advantage is a home-based care company that has more than 45 locations throughout Virginia, Maryland, Delaware, Washington, D.C., and North Carolina. The company offers both personal care and home health care services. On its end, Nova Home Health Care is a personal care company that serves the Medicaid population. The company has ties to a number of different communities that make up the diverse population in the area. “They have real deep market penetration with the Vietnamese community, as well as the Hispanic and African American communities,” Hanold said.