Home Health Care News May 12, 2022
Strong reimbursement rates for Aveanna’s services in nearly half the states the company operates in have been a welcome change so far this year for the company.
Its turnover and retention rates have also been in line with company projections, despite ongoing labor issues.
“Although we continue to face near-term caregiver supply constraints like many other health care providers, we have moved past the near-term impact from Omicron,” Aveanna’s CEO Tony Strange said on the company’s first quarter earnings call Thursday.. “The demand for our services has never been higher and we remain optimistic about Aveanna’s long-term prospects.”
Based in Atlanta, Aveanna Healthcare (Nasdaq: AVAH) delivers home health, private-duty services and hospice care to a broad range of patients in...