Home care spending outpaces nursing home spending ‘by far’
By
Kathleen Steele Gaivin
Jul 19, 2024
Spending on healthcare goods and services grew by 8.3% between May 2023 and May 2024, according to the latest monthly Health Sector Economics brief from Altarum, released Thursday.
Actions & Transactions, July 12
By
Kathleen Steele Gaivin
Jul 12, 2024
Pennant acquires Signature Healthcare at Home assets for $80M … DHC declares quarterly dividend of $0.01 per common share … JLL arranges sale of Anthology properties in Detroit metro area … Trustwell...
HarmonyCares to use $200M investment ‘to significantly upgrade’ home care technology, CEO says
By
Adam Healy
Jul 11, 2024
HarmonyCares recently raised $200 million of capital to leverage new technology to produce better outcomes for patients and clinicians.
Business briefs, July 8
By
Kathleen Steele Gaivin
Jul 08, 2024
46 assisted living communities, 3 home care providers named in $4.5 million kickback settlement … Federal court stops lawsuit seeking almost $1B over ‘improper’ nursing home licensing … 3 Life...
Actions & Transactions, June 11
By
Kathleen Steele Gaivin
Jun 11, 2024
Addus to buy Gentiva’s personal care operations for about $350M … InnovAge Holding Corp. offers $5M share repurchase program … Solenis acquires Aqua ChemPacs, maker of pre-portioned, concentrated...
Actions & Transactions, June 7
By
Kathleen Steele Gaivin
Jun 07, 2024
Legend assumes management, renames 4 Florida properties; increases portfolio to 59 … ESI arranges $8.5M sale of post-acute rehab facility in Las Vegas … Dover Health expands into Chicago with acquisition...
Business briefs, May 24
By
Kathleen Steele Gaivin
May 24, 2024
Senate Aging Committee hears testimony regarding impact of Older Americans Act … NAHC, NHPCO to merge, Dombi to retire … Initial claims for unemployment drop by 215,000 week over week … Health systems,...
Hybrid-virtual home care model improves outcomes for veterans who live in remote locations
By
Adam Healy
May 23, 2024
An experimental virtual home care model achieved positive outcomes for community-dwelling veterans who live far from VA facilities.
Consumers prefer home care, but nursing homes may better accommodate care coordination, socioeconomic...
By
Adam Healy
May 01, 2024
Not surprisingly, consumers overwhelmingly prefer home-based care to facility-based care. Difficulties coordinating caregivers or preexisting socioeconomic challenges, however, can lead some people to...
Remote access technologies expose home care firms to cybersecurity vulnerabilities, experts say
By
Adam Healy
Apr 23, 2024
To make sure data do not fall into the wrong hands, providers need to stay current on the latest cybersecurity practices.