Literature Review

Resurgia Health Solutions and Ennoble Care's Georgia Housecalls Practice finalize combination to strengthen healthcare access in Georgia KSN.com News - Cision PR Newswire; by PR Newswire; 5/20/24 Resurgia Health Solutions and Ennoble Care have united to strengthen healthcare access in Georgia. ... Under the regional leadership of Kevin Charles and Dr. Mark Bradshaw, Ennoble's Georgia home-based primary care practice will be integrated into Resurgia's regional operations and Ennoble's national operations. Renee Brack, FNP, will work closely with Mr. Charles and Dr. Bradshaw in Georgia, as the operational leader of palliative and hospice care in Georgia, ensuring continuity. ... "We are thrilled to combine our strong programs to expand home-based primary and palliative care access in Georgia." said Molly Viscardi, PhD, RN, Chief Operating Officer of Ennoble Care. 

Compassus Taps Fresenius Veteran Michael Asselta As Next CEOHome Health Care News; by Joyce Famakinwa; 5/7/24There’s a new leader at the helm of Compassus. The company’s board of directors has named Michael J. Asselta as CEO. Compassus is one of the largest home-based care providers in the country. The Brentwood, Tennessee-based company provides home health, hospice, palliative and home infusion services across more than 270 locations in 30 states.

Vitas’ acquisition pipeline likely growing Hospice News; by Jim Parker; 5/15/24 Vitas Healthcare, a subsidiary of Chemed Corp. is gearing up for potential acquisitions. ... VITAS is targeting its home state of Florida and other Certificate of Need (CON) states for potential deals, Michael Witzeman, vice president, CFO and controller at Chemed said during the Bank of America Securities Health Care Conference. “We certainly think that there’s a pipeline growing, and we have the resources on our balance sheet with cash and no debt to be able to really be a player in any of these,” Witzeman said. “We would like to be in states that have CON restrictions much more than an unrestricted state, but we certainly have the interesting inability when things come available to be able to jump on them.” ...

Arden Home Health & Hospice acquires Mid-Delta Home Health, solidifying its coverage footprint to over 90% of MississippiNewswire, Hattiesburg, Miss.; 5/14/24Arden Hospice is proud to announce its recent acquisition of Mid-Delta Home Health, a 40+ year family-owned, Mississippi business covering predominantly the Mississippi Delta and surrounding areas. As of May 1, 2024, Arden is now the largest home health and hospice company that is proudly owned, headquartered, and operating in the State of Mississippi.

Around the nation: Steward Health Care puts hospitals up for sale following bankruptcyAdvisory Board; 5/10/24Steward Health Care, which filed for chapter 11 bankruptcy on Monday, has placed all its 31 hospitals in the United States up for sale in hopes of finalizing transactions by the end of the summer to address its $9 billion debt, in today's bite-sized hospital and health industry news from Georgia, Illinois, and Texas.

Hospice pivotal to Enhabit’s growth strategy as a standalone company Hospice News; by Holly Vossel; 5/9/24Hospice will remain a core piece of Enhabit Inc.’s (NYSE: EHAB) strategic growth plans following its recent announcements to remain a standalone business. The company was mum about its strategic decision not to sell in Thursday’s earnings call, but executives elaborated on its home health and hospice focal points. 

Enhabit concludes review of strategic alternatives Valdosta Daily Times; Press Release; 5/8/24 Enhabit, Inc., a leading home health and hospice provider, today announced Enhabit’s Board of Directors (the “Board”) has concluded the Company’s strategic review process, announced in August 2023, which was overseen by the Board with assistance from its financial and legal advisors, Goldman Sachs and Sidley Austin, respectively. After evaluating a full range of strategic alternatives, including a potential sale, merger or other transaction, the Board unanimously determined that continuing to execute on the Company’s strategic plan as an independent, public company is in the best interests of the Company and its shareholders at this time.

Second Opinion Expert announces strategic relationship with Intra Care Home Health Providers Cision PRWeb; by SecondOpinionExpert, Inc / PRNewswire; 5/3/24 SecondOpinionExpert, Inc. (SOE), a leading healthcare technology company, announced today that it has formed a strategic relationship with Intra Care Home Health Providers, Inc. and its affiliated home health and hospice companies. ... Intra Care Home Health Services, Inc., a Los Angeles, CA based healthcare company, along with the related Intra Care SFV, Inc., Specialized Home Health Services, Inc., and Intra Care Hospice, Inc., (Intra Care) will all work with SOE as part of this relationship.

Elara Caring agrees to pay $4.2 million to settle False Claims Act allegations that it billed Medicare for ineligible hospice patients Office of Public Affairs, U.S. Department of Justice; Press Release; 5/1/24Elara Caring, and its wholly owned subsidiaries JHH/CIMA Holdings Inc., CIMA Healthcare Management Inc., CIMA Hospice of Texarkana L.L.C., CIMA Hospice of East Texas L.L.C. and CIMA Hospice of El Paso L.P., have agreed to pay $4.2 million to resolve allegations that they violated the False Claims Act by knowingly submitting false claims and knowingly retaining overpayments for the care of hospice patients in Texas who were ineligible for the Medicare hospice benefit because they were not terminally ill. 

Optum shutting down telehealth business Becker's Health IT; by Jakob Emerson; 4/25/24UnitedHealth Group's Optum Virtual Care is shutting down, Endpoints News reported April 24. News of the closure of the company's telehealth business came shortly after Optum employees took to social media beginning April 18 regarding a reduction in force they say occurred across the organization. 

Medi Home Health and Hospice comes to CulpeperCulpeper Star-Exponent, by Richard Horner; 4/13/24Medi Home Health and Hospice held a grand opening celebration for its new Culpeper (VA) location on Tuesday. Sponsored by the Culpeper County Chamber of Commerce, Medi is an arm of Medical Services of America, which offers home health and hospice care. It had several locations throughout the mid-Atlantic region of the United States, including Virginia. According to Ashley McDonald, director of marketing for Medi, the business offers in-home care, including various forms of therapy and nursing care. Medi also offers hospice and palliative care.

Private Equity: Proposed Health Over Wealth Act - What this means for you JD Supra, by Roger Strode; 4/11/24 On April 3, 2024, Senators Edward Markey ... and Elizabeth Warren ... chaired a Senate Health, Education, Labor, and Pensions (HELP) Subcommittee ... titled, When Health Care Becomes Wealth Care: How Corporate Greed Puts Patient Care and Health Workers at Risk. As part of the hearing process, Senator Markey released his new legislative agenda that calls for transparency and accountability for private equity (PE) in health care. ... The bill would require PE-backed or other for-profit owned providers (those providing services covered by Medicare under 42 U.S.C. Section 1395d) such as hospitals, hospice, nursing homes, and certain other facilities[1], to annually report to HHS on all manner of things including, but not limited to ... [click on the title to link to the list].

Hospice facility “House of Goshen” opening in Flossmoor in April Crusader Staff; 3/29/24 House of Goshen has announced a dedication and ribbon-cutting ceremony for its new 14-bed, 14,000-square-foot inpatient Hospice House, scheduled for Thursday, April 11, at 4 p.m. The facility broke ground at 19810 Governors Highway in March 2023. The upcoming April ceremony marks a milestone in the organization’s commitment to enhancing end-of-life care in the Village of Flossmoor, Illinois. ... The new facility will operate under the umbrella of Oasis Hospice.