Home health

Amedisys Board of Directors Authorizes $100 Million Stock Repurchase Program

Retrieved on: 
Thursday, February 9, 2023
Amedisys, Hospice, Home health

BATON ROUGE, La., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Amedisys, Inc. (NASDAQ: AMED), a leading provider of quality home health, hospice, personal care and high-acuity care, today announced that its Board of Directors has authorized a stock repurchase program, under which the Company may repurchase up to $100 million of its outstanding common stock through December 31, 2023.

Key Points: 
  • BATON ROUGE, La., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Amedisys, Inc. (NASDAQ: AMED), a leading provider of quality home health, hospice, personal care and high-acuity care, today announced that its Board of Directors has authorized a stock repurchase program, under which the Company may repurchase up to $100 million of its outstanding common stock through December 31, 2023.
  • Scott Ginn, Acting Chief Operating Officer and Chief Financial Officer, stated, “Given our strong cashflow and low leverage, we feel it is prudent to have authorization to buy-back shares throughout the course of the year.
  • This will become a recurring part of our capital deployment strategy; however, our priorities will continue to be accretive acquisitions in both Home Health and Hospice and building our High-Acuity Care joint ventures.”
    Under the stock repurchase program, the Company may repurchase its common stock from time to time, in amounts, at prices, and at such times as the Company deems appropriate, subject to market conditions and other considerations and in accordance with applicable federal securities laws and other legal requirements.
  • The Company's repurchases may be executed using open market purchases, unsolicited or solicited privately negotiated transactions, an accelerated stock repurchase program, and/or a 10b5-1 trading plan.

Amedisys Honors 39 Employees With Annual Spirit Of Excellence Award

Retrieved on: 
Wednesday, February 8, 2023
Newton, Volunteering, Contessa, Patient, Clinical Excellence Awards, Palliative care, Home health, Medicine, Hospital, Residential care, Amedisys

BATON ROUGE, La., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Amedisys, Inc. (NASDAQ: AMED), a leading provider of home health, hospice, personal care and high-acuity care services, has recognized 39 employees with the prestigious Spirit of Excellence Awards, one of the company’s highest honors.

Key Points: 
  • BATON ROUGE, La., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Amedisys, Inc. (NASDAQ: AMED), a leading provider of home health, hospice, personal care and high-acuity care services, has recognized 39 employees with the prestigious Spirit of Excellence Awards, one of the company’s highest honors.
  • “Our employees provide the highest quality care to our patients wherever they call home.
  • With compassion in their hearts, they uphold our mission at Amedisys each and every day,” said Paul Kusserow, Chairman and Chief Executive Officer.
  • The 39 winners were named from our roster of more than 21,000 employees nationwide.

Health HR, a Futuris Brand, Announces New Acquisition and Corporate Update

Retrieved on: 
Tuesday, January 24, 2023
HCM, Physical, New Year, Acquisition, Social media, Health, Patient, The, Hope, Human resource management, Therapy, Palm Beach County Fire Rescue, OTC Markets Group, Person-centered therapy, Growth, Rehabilitation, Home health, Revenue, Medicine

Health HR is happy to announce the acquisition of Physical Therapy Rehab Associates (PTRA), a Therapy Staffing Company based in Broward County, Florida.

Key Points: 
  • Health HR is happy to announce the acquisition of Physical Therapy Rehab Associates (PTRA), a Therapy Staffing Company based in Broward County, Florida.
  • PTRA has been providing Physical Therapy Services to their Home Health partners in Broward County since 2003.
  • The addition of PTRA to the Health HR platform will add 6 Home Health clients and few new licensed Physical Therapists and Physical Therapy Assistants.
  • In addition to his responsibilities as Rehab Director, Anthony will continue to treat patients for Health HR.

Select Data Transforms Post-Acute Document Review; Refocuses its Business on SmartCare™ Artificial Intelligence

Retrieved on: 
Thursday, January 19, 2023
News, Corridor, Smartcar (company), Artificial intelligence, Home health, Medical device, Medicine, Health care

ANAHEIM, Calif., Jan. 19, 2023 /PRNewswire/ -- Select Data, a company with thirty years of Home Health and coding experience, today announced a major shift in its business strategy, selling its outsourced services unit to focus on SmartCare™, an artificial intelligence (AI) solution designed to revolutionize post-acute document review.

Key Points: 
  • Select Data Transforms Post-Acute Document Review; Refocuses its Business on SmartCare™ Artificial Intelligence
    SmartCare introduces the augmented reviewer, which enhances healthcare professionals' proficiency by applying AI to the health record review process.
  • Select Data's SmartCare was recently awarded the 2022 ABL Innovations in Healthcare award for Artificial Intelligence.
  • In a related transaction, Select Data sold its outsourced services business unit to The Corridor Group Holdings, LLC (see related press release).
  • For more information, news, and perspectives from Select Data, please visit the Select Data Newsroom at selectdata.com/news/.

Performant Healthcare Solutions Re-Awarded CMS Medicare Secondary Payer Commercial Repayment Center Contract

Retrieved on: 
Monday, December 19, 2022
Payments, Health, Data Management, Technology, Health Technology, HH, CMS, History, Commercial, Health, Home health, Durable medical equipment, Insurance, MSP, Medicare, Government, CRC, RAC, Human, Health insurance, Medicaid

Performant Healthcare Solutions (Nasdaq: PFMT), (“Performant”, “the Company”), a leading provider of technology-enabled payment integrity, eligibility and related analytics services, today announced that the Centers for Medicare and Medicaid (CMS) awarded Performant the Medicare Secondary Payer (MSP) Recovery Audit contract also known as the Commercial Repayment Center (CRC) for a 6-year term consisting of one base year and five option years.

Key Points: 
  • Performant Healthcare Solutions (Nasdaq: PFMT), (“Performant”, “the Company”), a leading provider of technology-enabled payment integrity, eligibility and related analytics services, today announced that the Centers for Medicare and Medicaid (CMS) awarded Performant the Medicare Secondary Payer (MSP) Recovery Audit contract also known as the Commercial Repayment Center (CRC) for a 6-year term consisting of one base year and five option years.
  • The is a contingency fee contract; CMS pays Performant a percentage of overpayment recoveries returned to the Medicare Trust Fund.
  • Performant Healthcare Solutions is a leading provider of technology-enabled audit, recovery, and analytics services in the United States with a focus in the healthcare payment integrity industry.
  • Performant works with healthcare payers through claims auditing and eligibility-based (also known as coordination-of-benefits) services to identify improper payments.

VitalHub Announces Multi Year Contract With Black Country ICB

Retrieved on: 
Monday, December 5, 2022
United States Department of Health and Human Services, Mental health, Data collection, GP, Social services, Health, Failure, Long-term care, NHS, Electronic health record, Sale, Toronto Stock Exchange, ICB, Home health, Corporation, Human services, Risk, Pressure, Community, Tobacco and Primary Medical Services (Scotland) Act 2010, TSX, Pharmacy, Growth, VHI, API, Optometry, United Kingdom, Case management, Medicine, Risk management, Child

The SHREWD Resilience offering enables the whole health and social care system within a defined area with access to real-time data.

Key Points: 
  • The SHREWD Resilience offering enables the whole health and social care system within a defined area with access to real-time data.
  • “We are excited to have the opportunity to support Black Country ICB, as we continue to deploy our products and services across the UK marketplace,” said Dan Matlow, CEO of VitalHub Corp. “Black Country ICB is a vast and significant health system, encompassing many care centers across a large region.
  • Black Country ICB is a statutory NHS organization responsible for developing a plan for meeting the health needs of 1.26 million people in the Black Country region of the United Kingdom.
  • As an Integrated Care Board (ICB), Black Country also responsibility for Primary Medical Services (GPs) and for dental, optometry and pharmacy, and some specialized services across the region.

CareTime Partners with Polsinelli to Provide Legal and Compliance Resources to Home Health Agencies

Retrieved on: 
Monday, December 5, 2022
Online, CMS, Intellectual property, Polsinelli, New Hampshire Department of Justice, Partnership, HIPAA, Employment, EVV, BTI, FDA, POSH, Justice, Spinola, Medicaid, COVID-19, Home health, Home care in the United States, Health insurance, Medicine

WINTER GARDEN, Fla. and KANSAS CITY, Mo., Dec. 5, 2022 /PRNewswire/ -- CareTime, a leading software provider for the home health industry, today announced a new partnership with Polsinelli, one of the nation's foremost full-service health care law firms.

Key Points: 
  • CareTime a software provider for the home health industry, announces partnership with Polsinelli, a health care law firm
    The alliance creates a program for home care agencies to receive up-to-date legal guidance from one of the top law firms in health care.
  • CareTime will offer its customers access to Polsinelli Online Solutions for Home Care, or POSH.
  • The one-of-a-kind hub contains a wealth of information on how agencies can maintain compliance, as well as federal and local resources and various document templates for employee management.
  • "We're gratified to expand our service to home care agencies with these legal offerings," said Bob Dean, CEO of CareTime.

VitalHub Announces Multi Year Contract With Lincolnshire ICB

Retrieved on: 
Tuesday, November 22, 2022
API, Data collection, Growth, Hospital, Midlands, VHI, Nursing care plan, Human services, EHR, Lincoln County Hospital, Toronto Stock Exchange, Organization, TSX, Social services, Electronic health record, Mental health, Lincolnshire Partnership NHS Foundation Trust, Community, County Hospital Louth, Case management, Ministry of Children, Community and Social Services, Night, Home health, Regional health authority, Corporation, United States Department of Health and Human Services, Risk, Failure, OTC Markets Group, United Lincolnshire Hospitals NHS Trust, Pressure, Risk management, Management, Health

TORONTO, Nov. 22, 2022 (GLOBE NEWSWIRE) -- VitalHub Corp. (the Company or VitalHub) (TSX: VHI) (OTCQX:VHIBF) is pleased to announce a multi-year licensing contract of subsidiary Transforming Systems SHREWD Platform and SHREWD Resilience offerings to Lincolnshire Integrated Care Board (ICB) (Lincolnshire or the ICB).

Key Points: 
  • TORONTO, Nov. 22, 2022 (GLOBE NEWSWIRE) -- VitalHub Corp. (the Company or VitalHub) (TSX: VHI) (OTCQX:VHIBF) is pleased to announce a multi-year licensing contract of subsidiary Transforming Systems SHREWD Platform and SHREWD Resilience offerings to Lincolnshire Integrated Care Board (ICB) (Lincolnshire or the ICB).
  • This contract comes as a result of an existing client expansion, as Transforming Systems had previously served Better Lives Lincolnshire for several years.
  • We are excited to have the opportunity to support Lincolnshire ICB, said Dan Matlow, CEO of VitalHub Corp.
  • Lincolnshire ICB serves a population in excess of 750,000 people, and spans the following care organizations: Better Lives Lincolnshire (Lincolnshire ICB), United Lincolnshire Hospitals NHS Trust (Lincoln County Hospital, Grantham and District Hospital, Pilgrim Hospital Boston, County Hospital Louth), Lincolnshire Community Health Services NHS Trust, and Lincolnshire Partnership NHS Foundation Trust.

ProMedica to Exit Skilled Nursing Joint Venture; Will Retain Operation of Assisted Living and Memory Care Facilities

Retrieved on: 
Monday, November 7, 2022
Welltower, Mission, Hospital, Home health, Caregiver, Ambulatory care, Houlihan Lokey, CEO, Company, Elderly care, Housing, Polizzi, Hospice, ProMedica, View, ProMedica Flower Hospital, Physician, Multimedia, Insurance, Forward-looking statement, Overalls, NYSE, REIT, Health, Nursing, Management, Medicine

Under the terms of the agreement, a new Welltower venture will own the real estate interests for the skilled nursing facilities.

Key Points: 
  • Under the terms of the agreement, a new Welltower venture will own the real estate interests for the skilled nursing facilities.
  • Operations for the skilled nursing facilities will also transition to new operators.
  • This transaction resolves ProMedica's ongoing operating losses within its Senior Care Division.Importantly, this action represents a cornerstone element of ProMedica's ongoing comprehensive financial performance improvement plan.
  • The organization has 12 hospitals, 2,500+ physicians and advanced practice providers with privileges, 1,000+ health care providers employed by ProMedica Physicians, a health plan, and assisted living memory care facilities, skilled nursing centers, outpatient rehabilitation clinics, and hospice, home health and palliative care agencies.

VitalHub Corp. Announces Acquisition of Certain Assets to Maintain the Business of ADI Health

Retrieved on: 
Friday, November 4, 2022
Diamond, Company, Mental health, ADI, NHS, Electronic health record, Nursing care plan, GLOBE, Human services, VHI, Case management, Twinkle, Home health, United States Department of Health and Human Services, Business, CEO, Social services, TSX, EHR, Toronto Stock Exchange, OTC Markets Group, Commercial, Community, ARR, Acquisition, Technology, Regional health authority, Ministry of Children, Community and Social Services, Software, Hospital, Administration, Pharmaceutical industry, Health, In Touch

TORONTO, Nov. 04, 2022 (GLOBE NEWSWIRE) -- VitalHub Corp. (the Company or VitalHub) (TSXV: VHI) (OTCQX:VHIBF) is pleased to announce today that it has acquired certain assets to maintain the business of Advanced Digital Innovation (UK) Limited trading as ADI Health with the product widely known as MyPathway (the Acquisition).

Key Points: 
  • TORONTO, Nov. 04, 2022 (GLOBE NEWSWIRE) -- VitalHub Corp. (the Company or VitalHub) (TSXV: VHI) (OTCQX:VHIBF) is pleased to announce today that it has acquired certain assets to maintain the business of Advanced Digital Innovation (UK) Limited trading as ADI Health with the product widely known as MyPathway (the Acquisition).
  • VitalHub views this acquisition as highly synergistic with the Intouch and Synopsis patient flow solutions and Hicoms Diamond and Twinkle diabetes-oriented solutions.
  • VitalHub provides technology to Health and Human Services providers including Hospitals, Regional Health Authorities, Mental Health, Long Term Care, Home Health, Community and Social Services.
  • VitalHub solutions span the categories of Electronic Health Record (EHR), Case Management, Care Coordination & Optimization, and Patient Flow & Operational Visibility solutions.