Tag: Home health
Option Care, Amedisys scale up
May 5, 2023Theresa Flaherty, Managing Editor
BANNOCKBURN, Ill., and BATON ROUGE, La. – The merger of Option Care Health and Amedisys creates a home care giant with projected annual revenue of $6.2 billion that’s primed to serve a $100 billion addressable market for everything from prevention and maintenance care to acute and post-acute care to end-of-life care.
Option Care, the nation's largest independent provider of home and alternate site infusion services, and Amedisys, a leading provider of home health, hospice...
Option Care Health, Amedisys to merge
May 3, 2023HME News Staff
BANNOCKBURN, Ill. and BATON ROUGE, La., - Option Care Health, Inc., the nation's largest independent provider of home and alternate site infusion services, and Amedisys, Inc., a leading provider of home health, hospice and high-acuity care, have entered into an agreement to merge.
The all-stock transaction values Amedisys at approximately $3.6 billion, including the assumption of net debt.
Combining Amedisys' home health, hospice, palliative,...
Best Buy invests in Coeus h3c to expand access to home health
November 17, 2022HME News Staff
LAS VEGAS – Best Buy has made an investment in Coeus h3c and will use the Home Health Hybrid Cloud (h3c) to accelerate customer access to the full benefits of its home health devices and solutions. h3c is an end-to-end solution that manages the procurement, provision, delivery, installation and maintenance required for a successful home health experience. “Living independently, living well and accessing health care at home have clear and compelling benefits for people,” said Deborah...
CareCentrix’s Driscoll to take lead role at WBA
October 12, 2022HME News Staff
DEERFIELD, Ill. – CareCentrix CEO John Driscoll will assume a new role as executive vice president and president, U.S. Healthcare, at Walgreens Boots Alliance, which includes Walgreens Health, later this month.
WBA in October 2021 said that it planned to invest $330 million in CareCentrix for a 55% stake in the company, as part of a plan to launch Walgreens Health. It recently entered into a definitive agreement to acquire the remaining 45%* stake in CareCentrix for approximately...
Humana finalizes rebrand of KAH to CenterWell Home Health
September 8, 2022HME News Staff
LOUISVILLE, Ky. – Humana has completed the rebrand of its home health division Kindred at Home (KAH) as CenterWell Home Health. The division has more than 350 locations serving 38 states. “Integrating home health operations into Humana’s home solutions business remains on track as we continue to build and scale our value-based home health offering to improve patient health outcomes nationally,” said Andy Agwunobi, M.D., president of Humana’s Home Solutions segment. “The...
CMS seeks input on emergency preparedness
August 31, 2022HME News Staff
WASHINGTON – CMS will host a virtual listening session with health care providers on Sept. 13 to gather information on their experiences during public health emergencies outside of the COVID-19 pandemic. Topics of discussion will include What have been your facility's experiences in developing and implementing emergency preparedness plans under the CMS regulations, and do the current CMS emergency preparedness regulations create any unintended barriers in your work? This session is the...
CMS makes first move to permanently incorporate telehealth into care
June 30, 2020HME News Staff
WASHINGTON - CMS is proposing to allow home health agencies to continue to report the costs of telehealth as allowable administrative costs on line 5 of the home health agency cost report, according to a proposed rule. The agency proposes modifying the instructions regarding line 5 to reflect broader use of telecommunications technology. Additionally, CMS proposes to include not only remote patient monitoring but also other communications or monitoring services, consistent with the plan of care for...
Mediware bolsters home health presence
July 13, 2018HME News Staff
LENEXA, Kan. - Mediware Information Systems has acquired Fazzi Associates, a Northampton, Mass.-based provider of coding services to the home health and hospice market. Fazzi also provides consulting, training, benchmarking and research to more than 1,400 agencies across all 50 states and Washington, D.C. “The acquisition creates a unique alignment between two health care (companies)—one in innovative software, the other in outsourced services, consultation, and education,” Mediware...
ResMed buys another software provider
May 29, 2018HME News Staff
SAN DIEGO - ResMed has entered into a definitive agreement to acquire privately held HEALTHCAREfirst, a provider of software solutions and services for home health and hospice agencies. HEALTHCAREfirst offers electronic health record software, billing and coding services, and advanced analytics that allow home health and hospice agencies to optimize their clinical, financial and administrative processes, ResMed says. “The home health and hospice segments are large and growing fast, due to the...