Home Health Care News July 15, 2021
At Home Health Care News, it seems like we’ve been writing about “the rapidly consolidating home health market” for years. Just check out this story from 2015, for example. There are also these more recent pieces from 2018 and 2019, respectively.
In many ways, consolidation — either through agency closures or through M&A activity — has been a way of life in the home health industry. Leading up to 2020 and the launch of the Patient-Driven Groupings Model (PDGM), many home health executives even predicted a new “historic” wave of consolidation, similar to what happened in the 1990s with the start of the old Prospective Payment System (PPS).
At least based on the conversations I had in early 2020, that...