The home health company PathWell began as a technology company aiming to help other operators with back-end issues. But when COVID-19 hit, it changed direction to become a provider itself, equipped with the capabilities it once exclusively sought to give to others. PathWell has now grown into a multi-state provider through expansion and acquisitions. And […]
Category: Innovation
If home-based care is not a very real part of both Amazon (Nasdaq: AMZN) and Walmart’s (NYSE: WMT) future health care plans, each has done a bad job of hiding it lately. During MATTER’s recent “Healthcare 2040: Changing Care Delivery Models” virtual event, each behemoth company had a representative touting home-based care and the outsized […]
The SCAN Group, most recognizable thanks to its Medicare Advantage (MA) SCAN Health Plan, has made a strategic investment in the home-focused company MedArrive. MedArrive is a health care logistics and services platform that enables payers and providers to leverage EMTs, paramedics and other health care workers to bring more care into the home. The […]
When Dr. Todd Stivland was a practicing physician, he was finding it hard to connect to his patients, whether they were in assisted living, group homes or their own homes. He felt like they weren’t getting the care they needed, so he started going to them on home visits. Eventually, those home visits became so […]
Officials from the U.S. Centers for Medicare & Medicaid Services (CMS) are again touting the Home Health Value-Based Purchasing (HHVBP) Model as one of the agency’s most successful programs ever. In a Health Affairs article published Thursday, top CMS officials at CMS — including Administrator Chiquita Brooks-LaSure — looked back at a decade of alternative […]
Signify Health Inc. (NYSE: SGFY) is encouraged to know that its clients are satisfied with its evaluations. Specifically, clients are satisfied with the in-home evaluations that the company provides. Although virtual visits gained significant popularity amid the pandemic, patients see major upside to Signify’s in-person visits, CEO Kyle Armbrester said on a Q2 earnings call […]
Amedisys Inc. (Nasdaq: AMED) executives are still coming down from the excitement around closing the company’s market-moving acquisition of Contessa Health, a home-based care innovator dedicated to shifting higher-acuity care into the home. But along with big future plans for Contessa and its legacy segments, the Baton Rouge, Louisiana-based aging-in-place giant also continues to face […]
One of the most active private equity firms in the senior care space is launching a new portfolio company dedicated to value-based care. Welsh, Carson, Anderson & Stowe (WCAS) announced the formation of Valtruis on Tuesday, along with an initial capital commitment of $300 million. Spearheaded by a founding leadership team that includes managing partners […]
There are plenty of Program of All-Inclusive Care for the Elderly (PACE) operators that embody the model’s success and recent momentum, but perhaps none greater than the New York-based ArchCare. With just under $1 billion in annual revenues, ArchCare is part of the Archdiocese of New York’s large health care system. Its PACE operations began […]
COVID-19 disrupted cancer care for patients across the country, which furthered the effort to bring that care into the home, a practice done far less in the U.S. compared to other developed countries around the world. Specifically, the Children’s Oncology Group — an organization devoted to childhood and adolescent cancer research — began talks with […]