Home Health & Hospice Week
PE-Backed Midwest Firm Targets Dual Eligible Population
Plus: CVS finalizes $8 billion Signify purchase. Midwest-focused chain PurposeCare has entered the Michigan market with its acquisition of Home Sweet Home In-Home Care in St. Joseph for undisclosed terms. Chicago-based PurposeCare’s “primary audience are individuals who are dually eligible for Medicare and Medicaid,” says the company backed by private equity firm Lorient Capital. “The PurposeCare platform is focused on leveraging the caregiver’s presence in the home to identify changes in its client’s condition, enabling a timely clinical intervention from the nurses and therapists on the PurposeCare team,” says the chain that furnishes both home health and personal care services. PurposeCare launched in December 2021 with the purchase of Indiana-based Purpose Home Health, it notes in an earlier release. The company then “rapidly expanded into Ohio and Illinois with its subsequent partnerships,” it notes. It acquired Alliance Home Health Services, A1 Home Health Care and A1 Nursing Care, Newsome Home Health Care and Honor Home Health. PurposeCare “intends to continue to build in those markets and throughout the Midwest with further acquisitions, de novo investments and organic growth,” it said last year. PurposeCare provides home-based care services to more than 3,000 clients a week, and will add 400 patients and more than 300 caregivers with the acquisition, it says. Other recent deals around the nation include: In Rhode Island: CVS Health has completed its $8 billion acquisition of Signify Health, it says in a March 29 release. The companies announced the deal last September (see HHHW by AAPC, Vol. XXXI, No. 32). Signify has more than 10,000 clinicians in 50 states “who spend an average of 2.5 times longer with a member during home visits than an average visit with a primary care provider,” CVS notes. “This transaction advances our value-based care strategy by enhancing our presence in the home,” CVS Health President and CEO Karen S. Lynch says in the release. “Our expanded capabilities will bring us closer to the consumer as we continue to redefine how people access and experience care that is more affordable, convenient and connected.” In Maryland: Hospice of the Chesapeake and its affiliates, Calvert Hospice and Hospice of Charles County, will consolidate all brands under the Hospice of the Chesapeake external brand starting April 1, the Pasadena-based nonprofit says in a release. Hospice of Charles County became an affiliate in October 2020 while Calvert Hospice did so in June 2022 (see HHHW by AAPC, Vol. XXXI, No. 15). In Texas: Midland Health At Home, a partnership between Midland Memorial Hospital and Calvert Home Health, has opened its doors, reports the Midland Reporter- Telegram newspaper. It offers skilled and personal care services, the agency says on its website. Calvert is affiliated with LifeSpring Home Care and Hospice, which provides home health, hospice, and personal services in Oklahoma, Texas, Florida, Pennsylvania, and Colorado, according to its website. In New York: A hospice closure has led to confusion about the service in one New York county. Last year Oswego County’s hospice office announced its closing. “There has been some confusion and an assumption by some that hospice services were no longer available in our county,” says Elena Twiss with Friends of Oswego County Hospice. “At present, Hospice of Central New York and the Finger Lakes is providing hospice care to patients in Oswego County,” she explains in a release.
Home Health & Hospice Week
- Patient-Driven Groupings Model:
CMS Digs In On Behavioral Adjustment Cut
Accurate prediction of behavior changes is irrelevant, according to webinar speakers. Home health agencies gave [...] - Know Your Facts:
PDGM Stats Justify Cuts, CMS Webinar Contends
Big swing in impairment levels noted post-PDGM. Ask and ye shall receive, at least when [...] - Billing:
Make Sure Your Claims Are Free Of These PHE-Related Items By May 12
Have you been using DR codes incorrectly? If your billing staff have been adding the [...] - Mergers & Acquisitions:
PE-Backed Midwest Firm Targets Dual Eligible Population
Plus: CVS finalizes $8 billion Signify purchase. Midwest-focused chain PurposeCare has entered the Michigan market [...] - Industry Notes:
Provider Pays To Settle Charges It Failed To Provide An Interpreter
HHS, DOJ will monitor for 18 months. If you’ve been neglecting your duty to furnish [...] - Industry Notes:
VBID Extended Five More Years To 2030
Hospice agencies hoping to see the end of the Medicare Advantage Value-Based Insurance Design carve-in [...] - Industry Notes:
More IAH Benes Used Home Health In 2020, Says Latest Demo Eval
While the Independence at Home (IAH) demon-stration tests home-based primary care, it has an effect [...] - Industry Notes:
OIG Puts Hospices In Yet Another Hot Seat
As if hospices haven’t taken enough heat, a federal watchdog agency has dedicated a new [...] - Industry Notes:
Solution To U5210/U5220 Glitch Finally In Place, MAC Says
Home health agencies can take action on those claims derailed by a recent Notice of [...] - Industry Notes:
Experts Put Their Heads Together To Tackle Workforce Crisis
Home care providers struggling with labor shortages may get some ideas for solutions from a [...] - Industry Notes:
Brush Up On CERT Basics
With the flurry of audits that have hit home health and hospice providers lately, you [...] - Industry Notes:
Don't Overlook CDC COVID Portal
Although the COVID-19 public health emergency is winding down, you can still get vital information [...] - Industry Notes:
Texas HHA Owners Get Years In Prison For Medicare Fraud
Houston is the site of two new home health fraud case developments. Case No. 1: [...] - Industry Notes:
Hospital-At-Home Programs Grow
Hospital at Home initiatives continue to break new ground. Example No. 1: Inbound Health, a [...]
