Home Health & Hospice Week
Mergers & Acquisitions Stats Trend Upward
The home care mergers and acquisitions market is picking up, according to an analysis of publicly announced transactions by Irving Levin.
“After a relatively slow year in 2015 … there were 18 publicly announced transactions in the first quarter [of 2016], representing a 50 percent increase over the fourth quarter of 2015 and a smaller 6 percent increase over the year-ago quarter,” the firm says in a release. The amount of publicly disclosed prices paid also jumped 69 percent from the fourth quarter of 2015 to $183.5 million and increased by a smaller 32 percent over the year-ago quarter, according to Irving Levin.
Publicly traded companies were the big spenders in the market, with $37 million in acquisitions by Almost Family, $28 million by Amedysis, and $18 million by Kindred Healthcare (formerly Gentiva), Irving Levin says. But the biggest buy of the quarter was privately held Compassus’ $84 million acquisition of Genesis Healthcare.
Home Health & Hospice Week
- Prior Authorization:
Get Home Health Prior Auth Clues From DME Experience
Expansion of the program is likely to be quick. Home health agencies are hoping that [...] - Quality:
5-Star HHA Number Drops Dramatically In HH Compare Update
CAHPS methodology leads to big fluctuation in 5-star ratio. If you haven’t checked your Home [...] - Regulations:
Keep An Eye On How IMPACT Act Will Impact You
Plus: Check your OASIS submission stats before they cost you. Medicare is picking up steam [...] - Hospice:
Payment Reform Billing Problems Plague Hospices
Plus: HIS changes may give rise to hospice case mix system. Under hospice payment reform [...] - Strategy:
Follow 5 Tips To Navigate The Tougher Hospice Environment
Medicare data monitoring kicks into high gear. The feds have gotten serious about tracking red [...] - Industry Note:
University Health System Settles Home Care Fraud Charges
DOJ outlines atypical settlement. Whistleblower lawsuits aren’t threats to only freestanding, for-profit home health agencies. [...] - Industry Note:
New DOL Guidance Gives Compliance Assist
If you’re trying to figure out when sleep counts — and when it doesn’t — [...] - Industry Note:
Beware New Clerical Error Correction Process
Don’t try to use the clerical error reopening form if Palmetto GBA is your HHH [...] - Industry Note:
Missing Diagnosis On NOE Will Result In Return
Starting this fall, a hospice Notice of Election missing a principal diagnosis will get kicked [...] - Industry Note:
Mergers & Acquisitions Stats Trend Upward
The home care mergers and acquisitions market is picking up, according to an analysis of [...] - Industry Note:
Ensign Group Makes Hospice Buy In Iowa
The Ensign Group Inc.’s home health and hospice portfolio subsidiary, Cornerstone Healthcare Inc., has acquired [...] - Industry Note:
Hospice Provider Expands Post-Acute Presence
Pensacola, Fla.-based post-acute company Covenant Care has acquired Medicare-certified home health agency Peoples Home Health [...] - Industry Note:
Physicians Convicted For Sham Hospice Certs, Kickbacks
Following a two-week trial in federal court, a jury convicted two California physicians of falsely [...] - Industry Note:
Don't Flub Your Address Requirements On 855
Don’t get your address requirements on the Medicare enrollment form mixed up — because there [...]
