Kelly Evans co-hosts CNBC's Power LunchDavid A. Grogan | CNBCIt's pretty shocking that the health insurance name is being traded. Centene (a major Obamacare and Medicaid insurance company) is down 57% this month. The stock price reached 2014 levels after earnings this morning. Molina is small, but has a high Medicaid concentration, but a 48% decrease. Humana, which was traded for $550 three years ago, is currently a $235 share. And it doesn't stop there. This lies above the well-known issue that plagues UnitedHealth, the nation's largest insurance company. These stocks fell 56% from their all-time high in November last…
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Fishermen – Local students are contributing to hopes as Indiana's rural hospital struggles to stay open due to the expected shortage of 100,000 workers by 2028. Indiana Governor Mike Brown warned that the future of Indiana's healthcare is in trouble. “A hospital in the 80-90 countries is hanging from fingernails,” Brown said. “There are 5-7 very rich systems. If you're running like an unregulated utility, you need to do something to make sure you're paying attention.”Staffing remains one of our biggest concerns. According to the American Hospital Association, the nationwide shortage of healthcare workers will continue to grow unless changes…
Even though Arsenal has a large number of care services, home care from Bay Health remains keen on the home care. By By Health CEO Skelly Wingard aims to improve the quality and accessibility of the company's home health line by strengthening its clinical informatics and working together through service lines and managed care. These initiatives manifest in regulatory uncertainty. The proposed reduction in Medicare's home health rates has led to alarm across the industry. Winderd warned that such reductions could cause many providers to go out of business. By Bay Health is an affiliate of the University of California…
Caring Excellence opens a new location Caring Excellence has opened a new location in Florence, Kentucky. Kentucky is a state where the company has maintained its presence for over 13 years. Caring Excellence offers personalized, non-medical, home care, including daily support, dating and memory support. The move to northern Kentucky comes when more families are looking for ways to help their loved ones safely age at home, according to the company. “We know that families in northern Kentucky already do a lot to care for their loved ones,” co-owner Marcus O'Malley said in a statement. “Our goal is to be…
A former children’s nurse and NHS trust leader has been appointed to lead the Welsh health service, it has been announced. Jacqueline Totterdell has today been named as new NHS Wales chief executive and director general of health, social care and early years. “I’m really looking forward to working with everyone to make a real difference for people in Wales” Jacqueline Totterdell Ms Totterdell is currently group chief executive of St George’s, Epsom and St Helier University Hospitals and Health Group, a role she spoke to Nursing Times about last year. She will succeed Judith Paget, who will, later this…
A top community nursing researcher has been appointed to a senior clinical academic leadership post at Cambridge University, the first time a nurse has held such a role. Dr Ben Bowers, practices as an honorary nurse consultant in palliative care at Cambridgeshire and Peterborough NHS Foundation Trust (CPFT), will become assistant professor of primary care. “I’m delighted to be taking on a senior research leadership role within a world-leading, interdisciplinary department” Ben Bowers Dr Bowers is widely respected clinical academic community nurse, specialising in palliative and end-of-life care, who also works with the National Institute for Health and Care Research…
A trade union representing nurses in England has demanded the government urgently returns to pay negotiations, after its members vote to reject the recent Agenda for Change wage rise offer. Members of the GMB, which represents a variety of healthcare workers including nurses and ambulance staff, voted by a majority of more than two thirds (67%) to reject the offer of a 3.6% pay rise. The 2025-26 offer, tabled by the government in May, covers all staff on Agenda for Change contracts including NHS nurses, midwives and nursing support staff. Unions criticised health and social care secretary Wes Streeting when…
To combat fraud, the hospice industry could be seen as an increasing scrutiny from the US Medicare & Medicaid Services (CMS). Home care providers who provide hospice services, including AccentCare and Elara Caring, want Home Health Care News to CMS to act on statements about bad actors in the industry, and hope that crackdowns protect “highly integrated” providers. Last week, CMS administrator Dr. Mehmet Oz painted a dark picture of the current state of hospice-related scams. “Scam is a national issue, but it starts locally,” he said in an article in the Los Angeles Times. “Driving through certain areas of…
Private duty nursing has become an attractive target for private equity (PE) investors. However, the new report states that quality of care and market competition could result in suffering. A report from the nonprofit Watchdog Group Private Equity Stakeholders Project (PESP) highlights the ongoing challenges faced by private nursing agencies, including sustained labor shortages and low Medicaid reimbursement rates. Despite these challenges, PES highlights that PE companies continue to invest in the sector, indicating that investors are finding profitable opportunities there. The report says investors are seeing the potential of home health care for several reasons. First, the industry remains…
A new UK government-funded strategy intended to encourage a major expansion of social care placements for student nurses has been launched. It is intended to give student nurses structured, routine access to placements in residential care, supported living and home care settings – providing experience in community-based care. “Working in social care can be an incredible career, but we know there are limited opportunities for students to secure a placement” Claire Sutton The strategy has been developed by Skills for Care, working in partnership with the Council of Deans of Health and with funding from the Department of Health and…