A large number of hospitals and health systems are expanding their home health businesses through partnering or acquiring home health agencies. From 2016 to 2018, 177 of these hospitals or health systems acquired home health care companies. This trend is based on care moving towards residential settings, according to Managing Director Mark Kulik in his recent interview with Home Health Care News.
“It’s a definite trend. The theme is [that] it’s hard to be great at everything. Your core competency as a hospital is acute care. Home care is very different.”
-Mark Kulik