Profile: Almost Family Inc (AFAM.OQ)
22 Feb 2017
Almost Family, Inc., incorporated on November 19, 1985, along with its subsidiaries, is a provider of home health services. The Company has two divisions, which include Home Health Care and Healthcare Innovations. The Home Health Care division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). Healthcare Innovations (HCI) is also a segment. The Company has service locations in Florida, Ohio, Tennessee, New York, Kentucky, Connecticut, New Jersey, Massachusetts, Indiana, Illinois, Pennsylvania, Georgia, Missouri, Mississippi and Alabama.
Visiting Nurse Services
The Company's VN segment provides a range of Medicare-certified home health nursing services to patients in need of recuperative care, typically following a period of hospitalization or care in an inpatient facility. The Company's services are provided to patients in other settings, such as long-term acute care hospitals, inpatient rehabilitation hospitals or skilled nursing facilities. The Company's nurses, therapists, medical social workers and home health aides design and implement an individualized treatment response to a physician-prescribed plan of care. The Company offers clinically based protocols for medically chronic and co-morbid patient populations. The Company operates approximately 90 Medicare-certified home health agencies with a total of over 160 locations.
Personal Care Services
The Company's PC segment provides services in patients' homes primarily on an as-needed, hourly basis. These services include personal care, medication management, meal preparation, caregiver respite and homemaking. The Company operates approximately 70 Personal Care locations.
The Company's HCI segment includes the Company's developmental activities outside its traditional home health business platform. These activities include technology, information, population health management, risk-sharing, care coordination and transitions, clinical advancements, enhanced patient engagement and informed clinical decision. Its HCI segment includes Imperium Health Management; an investment in NavHealth, a population-health analytics company; Ingenios Health, a Nurse-Practitioner-oriented and mobile technology-enabled health risk assessment company primarily serving managed care organizations, and Long Term Solutions, an in-home assessment company serving the long-term care insurance industry.
The Company competes with Amedisys, Inc., Kindred Healthcare, Inc., LHC Group, Inc. and Universal American Corp.
Almost Family Inc
9510 Ormsby Station Rd Ste 300
LOUISVILLE KY 40223-5016
Company Web Links
- BRIEF-Almost Family announces pricing of upsized offering
- BRIEF-Almost Family says offering of 2.5 mln shares of stock
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- BRIEF-Almost Family reports third quarter 2016 results
- BRIEF-Almost Family - Executes a debt commitment letter in form of a new senior secured term loan facility