Strange Tony,
Our hospice will be sold yet again. In the next month or two Humana will likely spin off our hospice. They plan to buy the other 60% of Kindred at Home in the third quarter of 2021, then quickly flip our hospice to raise gross amounts of cash. My fellow hospice employees will not see a penny of the proceeds.
As for the raw deal employees have gotten from Gentiva, Kindred and Humana one can hear from Brandon Ballew, former executive.
I think caregivers have been marginalized in the past by other companies.
Ballew helped marginalize my peers with cuts to paid time off, eliminating overtime, deteriorating healthcare coverage, cutting the number of holidays and reducing the rate paid to employees working holidays.
Mr. Ballew was most recently chief operating officer of Kindred at Home. He spent 18 years with Kindred at Home.
Ballew left Kindred to head AccordCare, owned by financial rapscallion Coppermine Capital.
I fear for the future of our once great hospice. Humana made it a shell of its former self. Implementing Curo Health technology, staffing and practices had the expected impact, obscene levels of staff turnover and a 50% reduction in census. Our hospice's survival is at risk.
EBITDA and leverage are earthly pursuits of the greedy. My coworkers are tired of the machinations undertaken to enrich Kindred Hospice executives, yet again. There are no crumbs falling from their table. Marginalized caregivers cannot give and give and give without nourishment.
Anonymous
Virginia Case Manager called the company "Stressful":
ReplyDeleteDoes not afford opportunity for growth even though they advertise they do. High turnover rate with office staff and field. No work life balance. Long hours.
Pros
Flexibility
Cons
No Real Support
https://www.indeed.com/cmp/Kindred-At-Home/reviews/stressful?id=2ed912a9935a1a82
KAH OT in Washington said: Continual regression in treatment of field clinicians
ReplyDeletePaycuts related to travel. Not realistic compensation for travel in remote rural areas. Won't put things in writing, unavailable mgmt staff, big corporate games. Very disappointing to see this company care less and less about their employees and more about their bottom line.
Pros
Schedule flexibility
Cons
Paycuts to extensive travel
https://www.indeed.com/cmp/Kindred-At-Home/reviews/disappointed-continual-regression-of-treatment-of-field-clinicians?id=4eb4e2fa99c96d38
It's been a horrible year for our hospice. Our longtime social worker died on our service as Humana announced it would sell our hospice yet again. Thank heaven she never heard the news before leaving this earth.
ReplyDeleteA former Patient Care Manager died recently. She left years ago but made a point to attend our social worker's Memorial Service. She was one of three former nurses who attended. Not one current manager or nurse came to the Memorial Service of a SW employee who gave over twenty years of her life to the company.
Our founding physician went on hospice. He challenged the pinheads from corporate, citing the special closet in the corporate office where they sucked out half the brains of new managers/executives. He grew hospice from nothing in our town to where we were nationally recognized for high quality.
The company did not care about anything but money and sought yes people. That might make life easier of managers and AVPs, but it makes for crappy hospice care. That's what we have at a time when our hospice family needs and deserves better.
NC RN said "Money is their number 1 concern regardless of patient care"
ReplyDeleteManagement number one goal is money. They constantly count admissions each day/week. Raises for last few years have not occurred. Ive worked there for over 10 years and new nurses would come in and make more than I did. Other nurses would call out sick consistently and nothing was ever done about it. Not a good place to work.
Pros
not working in hospital
Cons
non stop calls, traveling, and dealing with management
https://www.indeed.com/cmp/Kindred-At-Home/reviews/money-is-their-number-one-concern-regardless-of-patient-care?id=c62089641b859392
The company expects to record a mark to market gain, currently expected to approximate $1 billion, on its existing 40 percent ownership of Kindred at Home. The anticipated gain will be recorded upon closing of the Kindred at Home transaction, which is expected in the third quarter of 2021.
ReplyDeletehttps://finance.yahoo.com/news/humana-reports-second-quarter-2021-103000520.html
KAH executives will get a good chunk of that $1 billion profit. Us employees won't see a penny of it.
DeleteTexas LVN said:
ReplyDeleteNo room for advancement, no pay raise in over 3 years, no cell phone reimbursement, terrible compensation, have been discharging more and more patients each week since Humana acquired 100% of the company, terrible communication, corporate is in control and could care less about their employees
Pros
Company car they provide but i pay for bi-weekly
Cons
Terrible compensation, no room for advancement
https://www.indeed.com/cmp/Kindred-At-Home/reviews/diverse-patients?id=009db908ac854abb
Humana's CEO said they will jettison our hospice shortly after mid August:
ReplyDeleteFinally, as announced last quarter, we have entered into an agreement to acquire the remaining 60% interest in Kindred at Home, and we expect the transaction to close mid-August, which we’ve included in our revised estimates for the year.
RN in Washington State said: "No work/life balance"
ReplyDeleteThis is not sustainable or economically stable. It is pay per visit and patient visits fluctuate daily. The hardest part of the job is the excessive charting and phone calls. The most enjoyable part of my job was caring for my patients.
https://www.indeed.com/cmp/Kindred-At-Home/reviews/no-work-life-balance?id=458c56f5547df8ad