Two in-home care providers — ConcertoHealth and Perfect Health — announced Wednesday that their organizations have merged. Together, the companies will operate under the name “ConcertoCare.”
Aliso Viejo, California-based ConcertoHealth is a value-based care provider organization that delivers a variety of home-based care services. The company’s teams consist of complex care physicians, complex care nurses, clinical pharmacists, LPNs, social workers, geriatricians and several others.
Meanwhile, Perfect Health is a Cambridge, Massachusetts-based in-home primary care company that focuses on delivering care to high-cost and rising-risk patient populations.
ConcertoCare is backed by Deerfield Management Company, one of the largest health care investment firms in the U.S.
As a company, ConcertoCare’s model will combine in-home clinical, behavioral and social supports and services, plus analytics and virtual care technology.
Specifically, ConcertoCare will offer in-home primary care, virtual primary care and Program of All-Inclusive Care for the Elderly (PACE) services to dual-eligible seniors and those enrolled under Medicare Advantage.
PACE is a Medicare and Medicaid program that helps keep people in their communities instead of the nursing homes. These programs are often run out of community-based centers with the support of in-home care providers and their staff.
As far as merger opportunities, Perfect Health made sense, as both organizations align when it comes to company culture and care delivery methods, according to Dr. Julian Harris, chairman and CEO of ConcertoCare.
“The care models, technology platforms, and cultures of Perfect Health and ConcertoHealth were incredibly complementary and provide the foundation for a new company,” Harris told Home Health Care News in an email.
Harris believes the impact of the public health emergency has placed a spotlight on the company.
“COVID-19 has greatly accelerated the adoption of both virtual care models and in-home care models, both of which have expanded interest in ConcertoCare given our unique approach to blending virtual and in-person care delivered by a diverse and integrated orchestra of clinicians,” Harris said.
Harris, who recently took the helm of ConcertoCare, joins the company from CareAllies, a group of Cigna-affiliated value-based physician group management service organizations and home-based primary care companies. He served as president of the organization.
Prior to this, Harris was chief executive of the Massachusetts Medicaid program.
For ConcertoCare, the expansion of its senior care model is top of mind. The company has also set its sights on deepening and expanding partnerships across the senior care ecosystem.
ConcertoCare currently has a number of partnership conversations underway with some of the leading health care organizations in the country, according to Harris.