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How Home Health, Personal Care Reimbursement Guiding Addus’ M&A Strategy

Hospice News

Addus has indicated for roughly the last year that it will orient its M&A strategy towards its home health and personal care services, with hospice becoming less of a priority. Addus provides hospice, home health and personal care to an estimated 47,500 patients annually across 203 locations in 22 states.

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Addus Orients M&A Strategy Away From Hospice, Towards Home Health, Personal Care

Hospice News

Addus HomeCare Corporation’s (NASDAQ: ADUS) is shifting its M&A strategy away from hospice deals to focus on its home health and personal care businesses. Texas-based Addus provides personal, home health and hospice care across 207 locations in 22 states, reaching roughly 46,500 patients annually.

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Addus Acquires Apple Home Healthcare

Hospice News

Addus HomeCare Corporation (NASDAQ: ADUS) has acquired Chicago-based Apple Home Healthcare, Ltd., The state is one of three in which Addus offers its trifecta of business lines — personal care, home health and hospice. for an undisclosed sum. Hospice utilization in the Illinois market reached 50.3%

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How the 2023 Home Health Rule Could Change the Game in Hospice M&A

Hospice News

The pendulum of investor interest has swung hard into the hospice market in recent years, but shifts in reimbursement could steer buyers towards home health. Uncertainty earlier this year around Medicare’s proposed 2023 home health payment rates led some stakeholders to expect a swerve towards hospice.

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Future Leader: Drake Jarman, SVP of Growth, Hospice, Amedisys

Hospice News

A notable challenge, however, pertains to the adoption of the value-based insurance design (VBID) [demonstration] by [Medicare Advantage Organizations (MAOs)]. Despite the margin pressures witnessed in home health, this shift opens doors to value-based arrangements for end-of-life care. Health care is local.

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The Future of Home Health Care: Trends and Predictions

Comfort Home Care

The Shift from Traditional Medicare to Medicare Advantage Industry insiders believe that in 2024, there will be a noticeable shift towards Medicare Advantage (MA) over traditional Medicare. This shift is driven by a growing emphasis on using data and analytics to demonstrate the benefits of home health care.

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The Pros of Home Health Care Over Assisted Living

Freedom Home Care and Medical Staffing

Home health care costs are covered by Medicare as well as Medicare Advantages payor and private insurance for eligible patients. Personalized carepersonalized elder care is inherent to the kind of one on one care in home health care.