NASHVILLE, Tenn. (January 13, 2021)—On January 8, the State of Tennessee announced that its “block grant” waiver request for TennCare (the state Medicaid program) was approved by the Centers for Medicare & Medicaid Services (CMS) after a year of negotiation. This new agreement will allow TennCare to administer the program with less oversight from the federal government and is intended to give more flexibility.
WASHINGTON, D.C. (January 12, 2021)—The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced on Friday, Jan. 8, 2021, that the Paycheck Protection Program (PPP) will reopen the week of January 11 for new borrowers and certain existing PPP borrowers.
DALLAS (January 12, 2021)—A new industry trends report based on a survey conducted by Axxess, a technology provider for care at home, reveals nearly three-quarters of respondents from large care at home organizations indicated their organization would require COVID-19 vaccinations and 90% indicated their organization would increase staff resources for diversity, equity and inclusion in 2021.
KANSAS CITY, Kan. (January 12, 2021)—Thuasne, major player in medical devices in Europe, continues its development with the acquisition of the U.S.-based company Knit-Rite, specialized in medical textiles, and its Therafirm division, dedicated to compression.
Technology is changing the way home-based care providers operate. The right platform can streamline everything from order management to paperwork. That was the vision CEO Vijay Kedar had for the technology-driven home health platform, Tomorrow Health.
PHILADELPHIA (January 11, 2021)—Medical Guardian announced that the company has received a growth investment from Water Street Healthcare Partners, a strategic investor focused exclusively on health care.
CHARLESTON, S.C. (January 11, 2021)—Today, Sprockets, a software as a service (SaaS) company serving the foodservice, health care and hospitality markets, announced a $3.4 million venture raise, allowing them to further drive innovation in the hourly workforce and empower their customers to hire applicants that are the precise fit for their needs.
CHICAGO (January 11, 2021)—Dina, an AI-powered care-at-home platform and network, announced that it has successfully closed a $7 million Series A funding round led by Philadelphia-based Osage Venture Partners. Existing investors, strategic partners, and Wheaton, Ill.-based First Trust Capital Partners LLC, also participated in the round.
WASHINGTON, D.C. (January 8, 2021)—Today, the Centers for Medicare & Medicaid Services (CMS) announced that the Home Health Value-Based Purchasing (HHVBP) Model has been certified for expansion through rulemaking beginning no sooner than Calendar Year (CY) 2022. The model, implemented in nine states, has resulted in an average 4.6% improvement in home health agencies’ quality scores as well as average annual savings of $141 million to Medicare.
SUNRISE, Fla., (January 8, 2021)—Interim HealthCare Inc., the nation's leading franchise network of home care, senior care, home health and hospice and health care staffing services, names Ethan Sowell, physical therapist, as the 2020 Therapist of the Year. Ethan earned widespread appreciation from patients and leaders for his commitment to delivering compassionate care and supporting the mission of Interim HealthCare of the Upstate in South Carolina.