article thumbnail

Home-Based Care Providers at Risk of Closing Amid Legislative Medicaid Changes

Home Health Care

Dozens of provider organizations in Michigan have gone out of business — and more are at risk of the same fate — due to the state legislature’s decision to cut the rates of home care and residential caregivers by 45%. That caused reimbursement to be below the cost needed to sustain an employee to provide care.

Medicaid 129
article thumbnail

24 Hour Home Care Buys Non-Medical Division of Home Health ‘Bundling Expert’ GrandCare

Home Health Care

An example of the latter M&A tactic happened Wednesday, with 24 Hour Home Care buying the non-medical caregiving division of GrandCare Health Services. We thought it was a great opportunity,” Ryan Iwamoto, the president and co-founder of 24 Hour Home Care, told Home Health Care News. Mutual goals.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Despite Strong Bipartisan Support, Choose Home Facing Roadblocks

Home Health Care

Although Congressional support continues to grow for the Choose Home Care Act of 2021 in Washington, D.C., Other pieces of legislation for lawmakers have pushed the Choose Home bill down the priority list, but National Association for Home Care & Hospice (NAHC) President William A.

article thumbnail

Medicare Coverage and Nursing Homes: A Comprehensive Guide

Etactics

Really the price of nursing home care depends on many different factors. In some cases, nursing home facilities have all-inclusive rates. Medicare Part A: Skilled Nursing Facility (SNF) Care First let’s look at Medicare Part A in a general scope. This coverage is good for: Hospital inpatient care. Home health care.

Nursing 52
article thumbnail

BrightSpring Health Services Files To Go Public For The Second Time

Home Health Care

Home-based care highlighted BrightSpring is led by multiple home-based care veterans. He specifically led Kindred’s home health, hospice, home care and home-based primary care businesses. Mike McMaude, meanwhile, leads BrightSpring’s home health and hospice services segment.

article thumbnail

How CommonSpirit Reduced Medicare Spending by $136M

Home Health Care

Centers for Medicare and Medicaid Services (CMS). The overall goal of the program is to improve patient care and curb health care costs. Currently, CommonSpirit Health operates more than 1,000 care sites and 142 hospitals across 21 states.

Medicare 114
article thumbnail

‘We Will Be Paying For This For Years’: 8 Home Health C-Suite Leaders Sound Off On ‘Alarming’ Medicare Cuts

Home Health Care

Centers for Medicare & Medicaid Services (CMS) published its home health proposed payment rule for 2024. The proposal, almost immediately, drew a negative response from key home health stakeholders. The main headline was CMS’ decision to propose a home health payment decrease of 2.2%. Cleamon Moorer Jr.,