Premarket analyst action - healthcare
- BySeeking Alpha
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Almost Family, Inc., together with its subsidiaries, provides home healthcare services in the United States. The company operates through three segments: Home Health, Other Home-Based Services, and Healthcare Innovations. The Home Health segment offers a range of Medicare-certified home health nursing services to patients in need of recuperative health care, as well as services to patients in lieu of additional care in other settings, including long term acute care hospitals, inpatient rehabilitation hospitals, or skilled nursing facilities. This segment also provides special clinically-based protocols to medically complex, chronic, and co-morbid patients. The Other Home-Based Services segment offers personal care, medication management, meal preparation, caregiver respite, and homemaking services in patients’ homes primarily on an as-needed, hourly basis, as well as to patients who would otherwise be admitted to skilled nursing facilities for long term custodial care. The Healthcare Innovations segment engages in the technology, information, population health management, risk-sharing, assessment, care coordination and transition, clinical advancements, enhanced patient engagement, and informed clinical decision activities. As of February 26, 2018, the company offered its home healthcare services with approximately 330 branch locations in 26 states. Almost Family, Inc. was founded in 1976 and is based in Louisville, Kentucky. Almost Family, Inc. operates as a subsidiary of LHC Group, Inc.