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In-Home Care Company HarmonyCares Raises $200 Million

Home Health Care

The in-home care company HarmonyCares – formerly known as U.S. The Troy, Michigan-based company is already in 15 states and cares for over 70,000 patients under Medicare Advantage (MA) plans and Medicare Accountable Care Organization (ACO) programs. Medical Management – has raised $200 million.

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Home Care Industry Slams Finalized 80-20 Rule, Warns Agency Closures Are Coming

Home Health Care

“The ‘Ensuring Access to Medicaid Services’ final rule, finalized today, will help improve access to home care services as well as improve the quality caregiving jobs through its new provisions for home care,” the White House wrote in a statement Monday. But, for now, those provisions have taken a back seat. “It

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How CommonSpirit Reduced Medicare Spending by $136M

Home Health Care

CommonSpirit Health carved out $136 million in savings to Medicare for 2020, while also improving overall outcomes for hundreds of thousands of beneficiaries, the company recently announced. CommonSpirit Health is a participant in the Medicare Shared Savings Program (MSSP), which began back in 2012 after being designed by the U.S.

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Accountable Care Organizations Are Diving Head First Into Home-Based Care

Home Health Care

Accountable care organizations (ACOs) have considerably increased their home-based care arsenals over recent years. They’ve also diversified the types of home-based care they offer, and are finally finding ways for it to make economic sense in capitated models. Source: Institute for Accountable Care.

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What More PE Involvement Could Mean In Personal Home Care

Home Health Care

Home care executives are expecting a few separate things to shake up the market in the coming years. Consolidation in home care has lagged compared to home health care. One of the reasons why is that PE involvement in personal home care has also lagged. Sorrenti, CEO of Best Life Brands.

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How CMS’ Goal To Enroll All Medicare Beneficiaries In ACOs Could Impact Home-Based Care Providers

Home Health Care

Centers for Medicare & Medicaid Services (CMS) has stated its objective to enroll all of its Medicare beneficiaries in accountable care relationships by 2030. million Medicare fee-for-service beneficiaries are assigned to an ACO. Currently, roughly 13.2 We’d like to try it that way.’

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Compassus CEO: To ‘Grow Up,’ Home Health Industry Needs To Become Accountable

Home Health Care

One comment you made at HHCN’s FUTURE event, which I thought was interesting, was that there needs to be a maturation process in the home health industry in order to capitalize off of some of the opportunities that are out there, specifically in Medicare Advantage (MA). In a lot of cases, the home-based care isn’t accountable.