MIAMI (November 9, 2021)—Papa, a curated platform of companionship and support for older adults, families, and other vulnerable populations, announced the close of their Series D funding. The $150 million raised will help address social determinants of health, including loneliness and isolation, for older Americans and others who stand to benefit from companionship and everyday assistance.
WASHINGTON, D.C. (November 5, 2021)—Home health agencies dodged a bullet when it came to the federal governemnt’s new rule on home health care, said National Association for HomeCare and Hospice (NAHC) President Bill Dombi.
That’s because the Centers for Medicare & Medicaid Services (CMS) did not end up requiring spending cuts to achieve budget neutrality in the final Home Health Rule it issued this week—despite suggesting it would in the draft.
BOSTON (November 5, 2021)—HouseWorks, an independent homecare company, announced that it has signed a definitive agreement to acquire Connected Home Care, a homecare provider serving Medicaid, dual-eligible and private pay clients throughout Eastern Massachusetts. The company expects to close the acquisition by Dec. 31, 2021.
HARRISBURG, Penn (November 5, 2021)—The United States Attorney’s Office for the Middle District of Pennsylvania announced that Geisinger Community Health Services (GCHS) has agreed to pay $18 million+ to resolve allegations of civil liability for submitting claims to Medicare for hospice and home health services that violated Medicare rules and regulations. GCHS voluntarily disclosed the violations.
DEERFIELD BEACH, Fla. (November 5, 2021)—As America prepares to observe Veterans Day in honor of those who served, fought and died for us, AirAvant Medical and First Nation Group announce a partnership alliance providing the FDA-cleared Bongo Rx Expiratory Positive Airway Pressure (EPAP) device to vterans and active-duty military members suffering from obstructive sleep apnea (OSA).
NASHVILLE, Tenn. (November 5, 2021)—National Seating & Mobility (NSM), A North American provider of comprehensive mobility solutions, has expanded into the Florida panhandle with the acquisition of Comfort N Mobility. The company, located in Gulf Breeze, specializes in a wide variety of mobility products and serves individuals throughout the Florida panhandle.
WASHINGTON, D.C. (November 4, 2021)—The Centers for Medicare & Medicaid Services issued an emergency regulation Thursday requiring about 17 million people working for some 76,000 health care providers—including those in home health, hospice and home infusion—to be at least partially vaccinated against COVID-19 by December 5, 2021.
ST. LOUIS (November 4, 2021)—Centene Corporation announced that it has signed a definitive agreement to sell a majority stake in U.S. Medical Management, LLC (USMM) to Rubicon Founders; Valtruis, a WCAS company; Oak HC/FT; and HLM Venture Partners. Centene will retain a minority stake in USMM.
WASHINGTON, D.C. (November 3, 2021)—The American Association of Homecare (AAHomecare) has added two highly experienced home medical equipment (HME) leaders to its board of directors with this week’s appointment of Matt Mellott and Tom Pontzius to fill a pair of vacant slots.
DUNBRIDGE, Ohio (November 3, 2021)—Principle Business Enterprises, Inc., (PBE), which manufactures Tranquility superabsorbent products, and the Elizabeth Dole Foundation, a prominent military caregivers advocacy group, have partnered to provide veterans and their families free in-home help.