Home Health Care News May 9, 2019
LHC Group Inc. (Nasdaq: LHCG) has turned its cornerstone joint venture strategy up a notch in the early part of 2019, a decision that helped propel the Lafayette, Louisiana-based home health giant to a steady first quarter. JVs will continue to play a leading role as LHC Group readies itself for the Patient-Driven Groupings Model (PDGM), company executives say, as will the recently unveiled value-based primary care initiative.
Announced by the U.S. Department of Health and Human Services (HHS) in conjunction with the Centers for Medicare & Medicaid Services (CMS) in April, the Primary Cares Initiative (PCI) creates five new payment models that incentivize primary care providers to keep patients at home, reducing hospital utilization and total cost of care...
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