ATLANTA—The American Association for Homecare (AAHomecare) and the Georgia Association of Medical Equipment Suppliers (GAMES) recently secured a rate floor for durable medical equipment (DME) using regulatory authority, AAHomecare announced. Laura Williard, vice president of payer relations for AAHomecare and state legislative chair for GAMES, worked closely with Peachtree Government Relations and helped organize two lobby days in the state to educate government officials on reimbursemen
DALLAS and OMAHA, Nebraska—In an advancement for home-based care providers, Axxess, a global technology innovator for health care at home, and
ATLANTA—Gentiva, a dedicated hospice, palliative and personal care company, announced it has received all required state and federal regulatory approvals and completed its previously announced acquisition of ProMedica's home health, palliative and hospice business.
OVERLAND PARK, Kansas—WellSky, a health and community care technology company, announced it has acquired Corridor, an end-to-end tech-enabled services platform designed for the post-acute care industry’s challenges, from HealthEdge Investment Partners, a health care-focused private equity firm.
CHICAGO—Sunset Healthcare Solutions is partnering with Maxtec to distribute a line of oxygen analyzers.
WASHINGTON—The Centers for Medicare & Medicaid Services (CMS) issued its 2024 Home Health Prospective Payment System Rate Update final rule on Nov. 1, landing on more moderate cuts than initially proposed but still enacting rate reductions beginning in 2025 that would present “serious concerns for the home health community,” according to the National Association for Homecare and Hospice.
DALLAS—Axxess and OnePoint Patient Care announced the integration of Axxess Hospice and OnePoint Patient Care's Pharmacy Benefit Management platform. Axxess said the integration will help alleviate administrative burdens, increase nurse satisfaction, improve retention rates and provide better patient outcomes.
FORT WORTH, Texas—VERTESS, a health care mergers and acquisitions (M&A) advisory firm, announced the closing of five major health care transactions in Quarter 3 (Q3) 2023 with a combined total transaction value of $75 million. The five transactions were in various health care verticals. The headwinds faced earlier in the year due to global and domestic economic pressures are clearing and signs for a profitable Q4 and 2024 are strong, VERTESS said.
DALLAS—Havencrest Capital Management (Havencrest), a Dallas-based health care private equity firm, announced the third acquisition under its Avid Health at Home (Avid) platform: Independence 4 Seniors (I4S), a Chicago-area homecare provider.
WASHINGTON—The Justice Department announced charges against a former executive at HealthSun Health Plans Inc. (HealthSun)—a Medicare Advantage organization that operates Medicare Advantage plans in South Florida—for her role in a multimillion-dollar Medicare fraud scheme.