Home Health & Hospice Week
PE-Backed Chain Makes Texas Buy
Plus: Bristol Hospice grows again. Four-state chain Choice Health at Home has kicked off Q2 by announcing its latest purchase. Tyler, Texas-based Choice has acquired the central Texas assets of Abiding Home Health, it says in a release. Choice entered home health in late 2012, hospice in 2018, and partnered with Trive Capital and Coltala Holdings in 2020, it notes. “The transaction marks Choice’s first in 2022 following a very busy 2021,” the company says. Choice “executed on nine transactions last year within the home health and hospice space. A core focus for Choice is further development of their Southwestern U.S. footprint and the capability to provide all four service lines to Choice patients.” Other recent deals around the nation include: In Missouri: Salt Lake City-based Bristol Hospice has acquired Hope Hospice based in St. Louis for an undisclosed sum, confirms Bristol’s VP for M&A on social media. Bristol operates more than 45 locations across 13 states and is owned by private equity firm Webster Equity Partners. In Pennsylvania: AHN Healthcare@Home in Warrenton has acquired TCM Home Health in Washington for undisclosed terms, the Allegheny Health Network says in a release. The acquisition is part of a joint partnership between AHN and Graham Health Care Group. AHN now owns a 60 percent stake of TCM Home Health, with Graham Health Care Group owning the remaining 40 percent, according to the Network. In Georgia: Archbold Medical Center in Thomasville and LHC Group Inc. have agreed to form a new joint venture with two locations. The JV will expand LHC’s service area by five counties in the state, the Lafayette, Louisiana-based chain says in a release. UnitedHealth Group’s $5.4 billion purchase of LHC is pending.
Home Health & Hospice Week
- COVID-19:
Providers Get Another Shot At PRF Reporting For Period 1 — But Only Until April 22
Warning: Missing this crucial deadline could cost you big. If you’re one of the thousands [...] - Reimbursement:
Which PRF Reporting Exception Do You Qualify For?
There are 6 to choose from. When requesting late reporting for Period 1 of Provider [...] - Hospice:
CMS Is Formulating Health Equity Quality Measures
Get your 2 cents about the measures in before it’s too late. Medicare is taking [...] - Payment:
Only 2 Wage Index Areas Would Be Affected By 5% Cap In 2023
Check out the wage index winners and losers for 2023. If you’re wondering how much [...] - Medicaid:
Authorities Put The Squeeze On Medicaid Home Care Fraudsters
Medicaid fraud-plus-wage fraud seen in more than one case. State authorities are putting more focus [...] - Mergers & Acquisitions:
PE-Backed Chain Makes Texas Buy
Plus: Bristol Hospice grows again. Four-state chain Choice Health at Home has kicked off Q2 [...] - Fraud & Abuse:
Hospice Owner, Administrator See Civil Charges After Convictions
Plus: Appeals court declines to overturn sentences, restitution. The Department of Justice isn’t done with [...] - Industry Notes:
Sequestration Is Back In Effect — Partway
Reps call for relief. Your Medicare payment rates changed as of April 1, and not [...] - Industry Notes:
$1.75 Billion More Out In PRF Funds
The Health Resources and Services Administration has released another round of Provider Relief Fund payments, [...] - Industry Notes:
U537F Glitch Won't Die
A Home Health Notice of Admission processing glitch continues to plague home health agencies. HHH [...] - Industry Notes:
Check Out New HH Preview Reports
Home health agencies can now access their Preview Reports and Star Rating Preview Reports for [...] - Industry Notes:
CMS Boosts MFP Funding
The Centers for Medicare & Medicaid Services is putting more than $110 million into Medicaid’s [...]
