Bruce Greenstein, chief strategy and innovations officer for LHC Group (NASDAQ: LHCG). He leads the hospice and home health giant’s value-based contracting, accountable care organization management company, and alternative payment and delivery model strategies, while overseeing the technology and innovations business segments. Prior to joining LHC Group, Greenstein was chief technology officer for the U.S. […]
Home health and hospice provider LHC Group (NASDAQ: LHCG) will buy back as much as $250 million of its common stock, using a mix of cash on hand, future cash flow and borrowed funds. The buy back comes at a time when the company is implementing a multifaceted plan to power through the industry-wide labor […]
As with the rest of the country, many hospice providers and their employees have mixed feelings about the federal vaccine mandates. Even those who welcomed the additional layer of protection for patients and staff are fretting about the possibility of losing workers. Recent court decisions on the interim emergency regulations have further muddied the waters. […]
Bayada Home Health Care will form a joint venture with the hospital system Jefferson Health. The enterprise, branded as Jefferson Health at Home, will provide home health and hospice care to Jefferson’s patients in New Jersey and Pennsylvania. The two organizations will jointly manage the partnership, which will leverage Jefferson’s current home-based care services with […]
Efforts to mitigate the health care workforce shortage are starting to pay off for LHC Group (NASDAQ: LHCG), though the company is still experiencing higher labor costs due to the current need to employ more contracted personnel. LHC Group took steps to enhance their recruitment and retention strategies early in the year that are seeing […]
Carla Davis is the president of LHC Group’s (NASDAQ: LHCG) Heart of Hospice Division. She previously served as CEO of South Carolina-based Heart of Hospice until LHC Group acquired the agency in August. Davis came to Heart of Hospice with diverse compliance, operational and sales experience including as chief operating officer of VistaCare, and vice […]
Despite prevailing COVID-19 headwinds, the hospice and home health mergers and acquisitions market shows no signs of slowing. Labor shortages plaguing the industry may be spurring additional activity as the dwindling workforce is limiting some providers’ ability to grow organically. A number of the larger strategic buyers — LHC Group (NASDAQ: LHCG), Amedisys (NASDAQ: AMED), […]
LHC Group (NASDAQ: LHCG) executives today announced a slowed, albeit continued, focus on hospice growth heading into 2022. The company has been bullish on the hospice market in recent years, with hospices deals making up a little more than 60% of in cash flow set aside to further boost its M&A pipeline last quarter. Heading […]
The U.S. Centers for Medicare & Medicaid Services (CMS) and the U.S. Occupational Safety & Health Administration (OSHA) have issued emergency regulations requiring COVID-19 vaccination for eligible staff at health care organizations that participate in Medicare or Medicaid. Health care employers must implement a policy requiring staff to receive the first vaccine dose prior to […]
Questions abound about the potential long-term impacts of the value-based insurance design (VBID) demonstration, known as the Medicare Advantage (MA) hospice carve-in. As the program approaches its second year, hospice and palliative care providers are asking questions about the delivery, setting and future outlook for their industries. The carve-in started small in 2021, but this […]
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