Profile: Almost Family Inc (AFAM.OQ)
26 May 2017
Almost Family, Inc., incorporated on November 19, 1985, is a provider of home healthcare services. The Company has two divisions: Home Health and Healthcare Innovations (HCI). The Home Health division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). The HCI segment includes its developmental activity outside of the home health business platform.
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, following a period of hospitalization or care in another type of inpatient facility. Its services are often provided to patients in lieu of additional care in other settings, such as long term acute care hospitals, inpatient rehabilitation hospitals or skilled nursing facilities. Its nurses, therapists, medical social workers and home health aides work with patients and their families to design and implement an individualized treatment response to a physician-prescribed plan of care.
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. Its services are often provided to patients who would otherwise be admitted to skilled nursing facilities for long-term custodial care.
HCI activities include technology, information, population health management, risk-sharing, assessments, care coordination and transitions, clinical advancements, enhanced patient engagement and informed clinical decision making. The HCI segment includes Imperium Health Management, LLC (Imperium), an accountable care organization (ACO) enablement company; an investment in NavHealth, Inc. (NavHealth), a population-health analytics company; Ingenios Health Co. (Ingenios), a nurse-practitioner-oriented and mobile technology-enabled health risk assessment company primarily serving managed care organizations, and Long Term Solutions, Inc. (LTS), 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