Home health agencies spent less per Medicare beneficiary and had better discharge outcomes than other post-acute care settings, according to a new report. The information comes from the National Summary Report, which is part of efforts by the Centers for Medicare & Medicaid Services Division of Chronic and Post-Acute Care to increase and analyze standardized data.
BURKBURNETT, Texas—HomeWell Franchising Inc., the parent company of HomeWell Care Services, was recognized on Inc. Magazine’s “Inc. 5000” list for the fourth consecutive year. HomeWell, a non-medical homecare company, has seen a growth rate of 131% over the past three years, which includes adding 32 new franchise owners, opening 18 new locations and expanding into 35 new territories in 2023.
WASHINGTON—LeadingAge, a nonprofit and mission-driven provider of aging services, announced David Gehm as the 2024 Award of Honor recipient. This accolade recognizes Gehm, president and chief executive officer (CEO) of Wellspring Lutheran Services, for his leadership, commitment to community services and advancement of care quality for older adults.
NORTHFIELD, Illinois—Medical supply manufacturer and supplier Medline announced that it is the first health care product supplier to achieve the Diamond-level Healthcare Industry Resilience Collaborative (HIRC) Resiliency Badge for manufacturing. This award serves as a recognition of the company's relentless commitment to resiliency within the healthcare supply chain.
TORONTO, Ontario—Therma Bright Inc., a developer and investment partner in proprietary diagnostic and medical device technologies, announced it's Venowave VW5 has received the permanent health care common procedure coding system (HCPCS) code from the Centers for Medicare and Medicaid Services (CMS).
SUNRISE, Florida—Interim HealthCare Inc., a network of homecare, senior care, home health, hospice and medical staffing services, appointed Rexanne Domico as resident and chief operating officer. Paul Mastrapa, chief executive officer (CEO) of Interim HealthCare, welcomed Domico and said he is excited to see her shape the company’s operational strategies and mission.
BOSTON—Senior Helpers, a provider of in-home senior care services, received Age-Friendly Care at Home certification from the Community Health Accreditation Partners (CHAP), making it the first private-duty, in-home care provider in the United States with the certificate. On Aug.
In 2016, medical device giant Abbott issued a recall for its MitraClip cardiac device—“a Class I recall, the most serious type,” the FDA said.
“Use of this device may cause serious injuries or death,” an FDA notice about the recall said.
DUBLIN, Ohio—Cardinal Health reported its fourth quarter fiscal year 2024 (FY24) revenues of $59.9 billion, an increase of 12% from the prior year. GAAP operating earnings were $401 million and GAAP diluted earnings per share (EPS) were $0.96. Non-GAAP operating earnings increased 14% to $605 million, driven primarily by segment profit increases in global medical products and distribution (GMPD) and pharmaceutical and specialty solutions.
