2023 Executive Forecast: ‘Home Health Companies Must Be Operationally Nimble’

Home Care

In a sense, home health leaders are entering 2023 with many of the same concerns they came into 2022 with. Additional ones may have been added, but not many have been taken away, Home Health Care News reports.

Staffing continues to be a pain point in a competitive labor market, and both COVID-19 and inflation are still factors. The article includes observations from home health care executives on what they expect the business environment to be in the New Year. Read more.

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Deal volume in the home health and hospice sector decreased ~30% year over year, with a 19% decrease quarter over quarter (Q2 ‘22 vs. Q2 ’23). This decrease is primarily attributable to uncertainty of reimbursement rate cuts and interest rate increases.