Home health is always changing and we are here to keep you updated.
Gentiva – Kindred Merger/Takeover Bid
Kindred is still knocking at Gentiva’s door, but Gentiva is still pretending not to be home. Gentiva’s board continues to believe that shareholders would best be served if Gentiva continues to operate as its own entity and is in a good position for future sustainability.
Profit Margins, Q2
LHC Group (LHCG): 3.00%
Addus Home Care (ADUS): 3.00%
Almost Family (AFAM): 1.80%
Agency Sales & Purchases:
Audrain County Home Health & Hospice, Mexico, MO – Sold to SSM Healthcare
Life Care Home Health (Life Centers of America HH) – Sold to LHC Group
Essential Home Health, Overland Park, KS – Sold to Phoenix Home Care
Kansas City Home Care, Kansas City, KS – Sold to Thoughtful Care, Inc.
VNA-TIP Healthcare, Washington, IL – Sold to Celtic Healthcare
Community Personal Care, Suffolk, VA – Medicaid Fraud
Prestige Home Health & Platinum Home Health, Troy, MI – Medicare Fraud, Kickbacks
Empirical Home Health, Farmington Hills, MI – Medicare Fraud, Kickbacks
Professional Medical Home Health, Miami, FL – Medicare Fraud
Nestor Home Health, Miami, FL – Medicare Fraud, Kickbacks
Closed, Forfeited Medicare Number:
University of Arizona Medical Center, Tucson, AZ – Closed due to poor financial performance.
St. Francis Healthcare of Hawaii – Home Health & Hospice – Closed so health system could achieve financial stability. (You have to make money even in paradise!)