Comprehensive Healthcare secures HUD agreement to keep veterans home operating | Local

Comprehensive Healthcare has entered an agreement with the U.S. Department of Housing and Urban Development that will keep a Yakima group home for veterans in operation.

The group home is operated by Comprehensive and had been funded by a Veterans Affairs per diem grant the past 20 years.

Known as the VIP House, the group home at 301 S. Sixth St. provides shelter for eight veterans and a case manager who connects them to employment and social services.

But in June, its operations were jeopardized when the VA announced it would no longer provide the annual grant. Last year the grant amount was $87,000.

At that time, Comprehensive promised to find alternative funding or housing for those veterans. Last month Comprehensive secured a HUD contract to keep the VIP House operating.

The VIP House was established in 1999 and the property was donated by the city, which allows for low

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Home Healthcare Market Share, Size, Top Companies, Demand, Opportunity, Business Strategies Forecast by 2026

The MarketWatch News Department was not involved in the creation of this content.

Nov 12, 2020 (Market Insight Reports) —
Selbyville, Delaware, this detailed presentation on ‘Home Healthcare Market’ added by MarketStudyReport.com, features an exhaustive study conveying influential trends prevailing in the global business sphere. The report also presents significant details concerning market size, market share and profit estimations to offer an ensemble prediction about this business. Moreover, this report undertakes an accurate competitive analysis emphasizing growth strategies espoused by market leaders.

The global home healthcare market is estimated to reach USD 447.6 billion by 2025 growing at a CAGR of 8.3% during the forecast period.

Request a sample Report of Home Healthcare Market at:

https://www.marketstudyreport.com/request-a-sample/1868584/?utm_source=Marketwatch.com&utm_medium=SK

With respect to the production aspect, the report encompasses details about the manufacturing of the product, gross margins of the firms manufacturing the product, and the product remuneration. In terms of the consumption, the

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Health-care real estate deals surge as investors seek ‘flight to quality’

These include The Priory Group — England’s largest mental health-care provider — which was put up for sale in September for an estimated £1.5 billion by its U.S. owner Acadia Healthcare (ACHC)

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Also on the auction block is mental services provider Elysium Healthcare, owned by private equity group BC Partners, which is valued at around £900 million, and Keys Group, the children’s care-and-education-services provider that is worth around £250 million.

Another £3 billion worth of specialist providers of mental health and learning disability services, and £1 billion of broader health-care transactions, are also up for grabs, Knight Frank said.

Read: The case for defunding nursing homes and replacing them with a radically different model

Julian Evans, head of health care at Knight Frank, said there are currently two distinct investment silos: institutional capital chasing social care fixed income such as real estate and private equity, and infrastructure funds

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Health-care real estate deals surge as investors seek ‘flight to quality’

By Lina Saigol

Health-care property and services deals are on track to reach their highest level in 25 years, as assets including care homes and mental health care facilities are put up for sale.

Total investment volumes into U.K. health-care property have risen to GBP2.24 billion ($2.32 billion) so far in 2020, a 25% rise on the GBP1.76 billion for all of 2019, according to research by Frank Knight.

The global real estate consultancy predicts that transaction levels in the final quarter of 2020 are heading toward the highest since 1995, with a number of high-profile deals on the market and in the pipeline.

These include The Priory Group (link) — England’s largest mental health-care provider — which was put up for sale in September for an estimated GBP1.5 billion by its U.S. owner Acadia Healthcare (ACHC).

Also on the auction block is mental services provider Elysium Healthcare (link), owned

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How to Choose a Contractor for a Custom Healthcare Software Development

As the world continues to move towards digitalization in every field, especially with the remote work and communication environment imposed by COVID-19, a dynamic industry like the healthcare industry increasingly feels the need for medical software and the use of cutting-edge technologies to provide mobile health solutions. To cater to these emerging needs, working towards custom healthcare software development has become a must for every software development company in the field.

For a healthcare organization, it is particularly important to know how to choose the right contractor who can help optimize digital patient care and offer the best development team that is familiar with healthcare application development as well as the new trends in the healthcare sector.

Areas where custom healthcare software can be used

  • Telemedicine. Telemedicine, or telehealth services, has grown popular over the years for the remote treatment of patients and is a burgeoning sphere for each custom
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Morning Bell With Jim Cramer: Buy Healthcare Stocks

Dow futures resume surge as stocks rally, following the biggest post-election surge in Wall Street history, as former Vice President Joe Biden looks set to win the White House.

In the last episode of Mad Money, Jim Cramer reminded his viewers that a divided government is a nirvana for the stock market. That’s exactly what we got with from Election Day, and it’s great news for the growth stocks.

TheStreet’s Katherine Ross and Cramer are talking about buying healthcare stocks, the impact of the lack of democratic sweep on the market, and stocks to avoid after the election.

Healthcare Stocks: Buy or Sell?

Shares of healthcare stocks jumped on Wednesday as investors calculated that regardless of whether Donald Trump or Joe Biden ends up in the White House over the next four years a Senate stalemate will mean no dramatic changes for either sector.

Shares of Anthem  (ANTM)

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Dismal U.S. Life Expectancy Trend Reflects Disconnect Between Dollars Spent On Healthcare And Value Produced

Long before the Covid-19 pandemic struck, there were signs of structural inefficiencies and comparatively mediocre outcomes in the U.S. healthcare system. Most worrisome was the fact that decades of ever-rising healthcare expenditures haven’t led to a concomitant improvement in value, measured in terms of mortality and morbidity outcomes.

In recent years U.S. deaths from Alzheimer’s, diabetes, suicides, stroke, and even heart and lung diseases have been rising at alarming rates. Furthermore, deaths from unintentional injuries, including drug and alcohol overdoses, have soared.

With the exception of a very small (0.08%) increase in 2019, life expectancy in the U.S. has been falling since 2014, as the figure below shows. And prior to 2014, for several decades, the slope of the life expectancy curve was relatively flat. This is a trend not seen in any other Organization of Economic Cooperation and Development (OECD) nation.

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Sheriff met privately with healthcare contractor months before inviting bids

Months before Sheriff Bill Gore announced he was exploring the idea of outsourcing all healthcare services for jail inmates, he and his top advisors sat down late last year with a top official of a potential bidder.



a group of people standing in front of a crowd: More than a dozen health workers used their mid afternoon 15-minute break to hold a protest outside San Diego Central Jail in downtown San Diego Wednesday. The health workers say they could lose their jobs under a plan to outsource health services at the jails. (Nelvin C. Cepeda/The San Diego Union-Tribune)


© (Nelvin C. Cepeda/The San Diego Union-Tribune)
More than a dozen health workers used their mid afternoon 15-minute break to hold a protest outside San Diego Central Jail in downtown San Diego Wednesday. The health workers say they could lose their jobs under a plan to outsource health services at the jails. (Nelvin C. Cepeda/The San Diego Union-Tribune)

Wellpath, a corrections industry medical and mental health provider in Tennessee, is vying for a multimillion-dollar contract to work inside San Diego County jails.

“Thanks again for taking so much time out of what I know is a very busy week for you,” Wellpath president Kip Hallman wrote to Gore in December. “I enjoyed

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Transforming Homes And Communities Into Healthcare Hubs In The Post-Covid Future

Hospital design experts Ryan Hullinger and Sarah Markovitz discuss the inevitable shifts in healthcare delivery as technology leads to new care settings and rethinking hospitals.


The explosion of telehealth prompted by the COVID-19 pandemic has accelerated a shift in care delivery away from the hospital and clinic and into homes and communities. While hospitals have historically been the main hub of care, technology and new care models are enabling a different approach to care delivery. Rather than episodic preventative care, in which a patient periodically goes to a physician or hospital with a health concern, this new model of care is continuous and ubiquitous—with ongoing care reinforced in the home, office, school and throughout the community. There are three key aspects to this shift: advancing technology, new care settings, and the future evolution of hospitals.

Advancing Technology

Healthcare may

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Dutch healthcare firm Mediq put up for sale in potential $1.4 billion deal: sources

FRANKFURT (Reuters) – Dutch medical supplier Mediq has been put up for sale by its private equity owner Advent in a potential 1.2 billion euro ($1.4 billion) deal, sources close to the matter said.

Advent, which is working with Rothschild ROTH.PA and HSBC HSBA.L on the sale, has organised management meetings for prospective buyers, which have been asked to hand in non-binding bids in the first week of November, they said.

Buyout groups such as CVC, Bain, BC Partners, Triton and Pamplona are expected to bid, they added.

Mediq, Advent, the banks and the prospective buyers declined to comment or were not immediately available for comment.

The firm is being marketed off full-year earnings before interest, tax, depreciation and amortization (EBITDA) of about 90 million euros, though some potential bidders are working with assumptions of core earnings closer to 70 million euros, the sources said.

Mediq, which supplies pharmaceuticals and

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