JACKSONVILLE, Fla. (April 6, 2022)—Forcura, a health care technology company that enables safer patient care transitions and coordination, announced it has appointed David Kerr as its new chief technology officer (CTO). Kerr, who previously served as Forcura’s vice president of engineering, will be responsible for leading Forcura’s technology vision, enhancing existing offerings and bringing new digital capabilities to life.
home health
TYLER, Texas (April 5, 2022)—Choice Health at Home, LLC, a Texas-based multi-state provider of home health, hospice, private duty and rehabilitation services, announced the acquisitions of the Texas assets of Abiding Home Health. These agencies operate along the I-35 corridor from Dallas to San Antonio, and will serve to strengthen the home health service division for Choice in the region.
HARTFORD, Conn. (April 5, 2022)—CareCentrix, an independent home-centered company that coordinates care to the home for health plans, patients and providers, announced a rebrand of the Turn-Key Health palliative care solution to Serious Illness Care at Home, which provides a population health approach to home-based serious illness care. Turn-Key began providing palliative services nationally in 2016 and was acquired by CareCentrix in 2020.
WASHINGTON, D.C. (April 1, 2022)—On Monday, March 28th, President Biden released a $5.8 trillion proposed budget for fiscal year (FY) 2023, which begins Oct. 1, 2022. While the White House budget is simply a request and Congress has final say on government spending, it does provide a window into the president’s priorities and where his administration wants to direct its efforts going forward.
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HR 3322/S 826—The Medicare Patient Empowerment Act of 2021
WASHINGTON, D.C. (March 31, 2022)—The Centers for Medicare & Medicaid Services (CMS) has issued a proposed rule (CMS1773-P) that would provide routine updates to hospice based payments and the aggregate cap amount for fiscal year (FY) 2023 in accordance with existing statutory and regulatory requirements. This rule proposes to establish a permanent mitigation policy to smooth the impact of year-to-year changes in hospice payments related to changes in the hospice wage index.
BERKELEY HEIGHTS, N.J. (March 31, 2022)—Viventium, a SaaS-based human capital management solution that provides a remarkable user experience and award-winning software, and Right at Home, an in-home care franchise group, announced a strategic partnership.
ATLANTA (March 31, 2022)—Trella Health, a source of health care growth insights and performance analytics, announced the release of its 2021 Post-Acute Care Industry Trend Report. Each year, Trella releases this report to reflect the most significant trends impacting the post-acute industry today. Key topics addressed include Medicare Advantage enrollment, inpatient discharges, home health adherence, hospice utilization, skilled nursing admissions, telehealth utilization and NPI closures.
CHICAGO (March 31 2022)—The Vistria Group announced its investment in Professional Health Care Network (PHCN), a home health care management services company that partners with health plans and providers to increase the access and value of home-based clinical care. The transaction with PHCN represents the fifth investment from Vistria Fund IV, a $2.68 billion fund.
RICHMOND, Va. (March 31, 2022)—Owens & Minor, Inc., a global health care solutions company, announced that it has closed the previously announced acquisition of Apria, Inc. The acquisition was consummated for total consideration in cash of approximately $1.6 billion. The purchase was funded with a combination of debt and cash on hand.
BOSTON (March 29, 2022)—Massachusetts Attorney General Maura Healey announced that home health agency Compassionate Homecare, Inc. has agreed to pay $6.53 million to MassHealth to resolve allegations that it billed MassHealth for services that were not authorized by a physician. In addition, up to $375,000 will be set aside for payment of unpaid wages for former Compassionate employees.
AUSTIN, Texas, (March 29, 2022)—CareFlash and Snowline Hospice announced that the organizations have entered into a collaborative partnership that leverages togetherness, empathy and nostalgia to enhance healing and aging journeys, chronic and cognitive illness, even in celebrating a loved one's memory. This agreement provides patients, families and communities access to CareFlash's signature platform, "The Careopolis, A Metropolis of Love and Empathy."
EDEN PRAIRIE, Minn. and LAFAYETTE, La. (March 29, 2022)—UnitedHealth Group has announced plans to acquire LHC Group, a national patient-focused provider of high-quality in-home health care services for about $5.4 billion cash value. The acquisition plan calls for LHC Group to combine with Optum Health, an information and technology-enabled health services business. The agreement calls for the acquisition of LHC Group’s outstanding common stock for $170 per share.