Home Health & Hospice Week
Chain Pays Nearly $10M For 16 Nursefinders Locations
Moorestown, N.J.-based chain BAYADA Home Health Care has acquired 16 Nurse-finders Home Care offices from AMN Healthcare Company. The offices are in Arizona, California, Colorado, Hawaii, New Jersey, New Mexico, Okla-homa, Pennsylvania, and Texas. "We are excited to expand our geographic reach," Bayada founder and CEO Mark Baiada says in a release. Bayada paid $9.65 million for the offices that have $50 million in annual revenue, reports the Philadelphia Inquirer. The deal should boost Bayada's annual revenue to $750 million, according to the newspaper. The acquisition will not affect the other 19 Nursefinders franchises that Bayada did not purchase, the release notes. Bayada has 240 offices in 24 states and India, it says. AMN said it was shedding the agencies due to "reimbursement changes and the current uncertainty in the regulatory environment," according to a release.
Home Health & Hospice Week
- Reimbursement:
Copay Threat Grows Stronger, Thanks To MedPAC
HHA profit margin hits 19.4 percent, but steep drop predicted. The home care industry succeeded [...] - Hospice:
Change Your Hospice Discharge Coding This Summer
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HHA Stats Climb Higher Than 1990s Peaks
Medicare program had 11,600 agencies in latest data calculations. Record numbers of home health agencies, [...] - Therapy:
Watch Out For Stealth Home Care Episodes When Furnishing Part B Outpatient Therapy
The shoe may be on the other foot when you're the one furnishing Part B [...] - Industry Note:
HHH MAC Ramps Up Medical Review
Medicare contractor may ask to look at 40 claims in initial probe. You're not alone [...] - Industry Note:
New CMS Education Takes Aim At Docs Withholding Documentation
Having trouble getting your referring physicians to cough up medical documentation requested by Medicare contractors [...] - Industry Note:
MAC Sets 5010 Deadline
If you've been stalling on 5010 compliance, now's the time to get going on the [...] - Industry Note:
CMS Puts CHOW Changes In PI Manual
Medicare's revisions to change in ownership (CHOW) rules have officially hit the books. "Change in [...] - Industry Note:
Medicare Instructs Docs To Obtain NPIs
Physicians who are balking at obtaining a National Provider Identifier number are getting a talking-to [...] - Industry Note:
Keep These Safety Goals In Mind In 2012
Preventing falls is one of the measures stressed in this year's National Patient Safety Goals [...] - Industry Note:
Chain Pays Nearly $10M For 16 Nursefinders Locations
Moorestown, N.J.-based chain BAYADA Home Health Care has acquired 16 Nurse-finders Home Care offices from [...] - Industry Note:
Hospice Company Expands To 3rd State With SC Buy
Knoxville, Tenn.-based Caris Health-care has purchased Solaris Hospice with eight locations in South Carolina, Caris [...] - Industry Note:
HHA Owner, Employee Plead Guilty To Kickback Charges
A Miami home health agency owner and employee charged with Medicare fraud last fall have [...]
