As more care moves into the home setting, more hospitals and health systems are throwing their hats into the ring. Coupled with the entry of more payers into the space, the influx of health systems into home health, hospice and community-based palliative care stands to change the competitive dynamics in markets nationwide. This is the […]
The hospice space — and the health care system at large — is in a state of flux, driven by value-based reimbursement models, an expanding home-based care continuum and industry-changing transactions. Halfway through the year, Hospice News’ “Four Providers to Watch,” exemplifies the ways that hospice operators are trying to not only to keep up […]
The implications of Option Care Health’s (NASDAQ: OPCH) pending $3.6 billion acquisition of Amedisys Inc. (NASDAQ: AMED) reflect rapidly changing market forces that could affect the industry at large. The rationale behind the transaction rests on four pillars, Option Care executives recently indicated — value-based reimbursement, the importance of scale in payer negotiations, a desire […]
Kaiser Permanente is launching a new nonprofit provider organization branded as Risant Health, kicking it off with the acquisition of a fellow integrated health system — Geisinger Health. Risant Health’s prime directive is to “expand access to value-based care in more communities nationwide,” according to a statement from the two companies. The financial terms of […]
LHC Group has acquired Delaware-based Summit Home Care for an undisclosed sum, signaling that the company will remain active on the M&A front following Optum Health’s recent $5.4 billion buyout. Optum, a subsidiary of UnitedHealth Group (NYSE: UNH), closed the LHC Group transaction in February and has since been quiet on its plans for its […]
UnitedHealth Group’s (NYSE: UNH) sights are set on home-based care, as evidenced by its acquisitions and investments in value-based care. The insurance company’s subsidiary Optum Health recently completed its acquisition of Lousianna-based home health and hospice provider LHC Group for $5.4 billion. Acquiring LHC Group was a key step in UnitedHealth’s larger plan to delve […]
Hospices will need to leverage creativity to thrive in a Medicare Advantage reimbursement environment. Often called the Medicare Advantage carve-in, the hospice component of the value-based insurance design (VBID) model is now in its third year. Recently, the U.S. Centers for Medicare & Medicaid Services (CMS) extended the demo through 2030. Though its ultimate outcome […]
After quietly being acquired by Optum toward the beginning of last year, home-based care provider Prospero Health is merging with Landmark Health. The two companies are under the ownership of UnitedHealth Group (NYSE: UNH) subsidiary Optum. Landmark reportedly joined Optum at the beginning of 2021. Both Landmark and Prospero are major palliative care providers in […]
The UnitedHealth Group (NYSE: UNH) subsidiary Optum closed its $5.4 billion deal today to acquire LHC Group (NASDAQ: LHCG). LHC Group this morning notified the U.S. Securities and Exchange Commission (SEC) that the deal had been completed and that it would no longer be trading on the NASDAQ. Optum first announced its agreement to purchase […]
Through acquisitions and contracts with providers, more payers are going all-in on home-based care. The quest for cost reductions, often through risk-based models, is leading a rising number of insurance companies and other payers to make (sometimes) huge investments in the space. Among them is UnitedHealth Care (NYSE: UNH). These investments underscore the rising profile […]
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