A new report from Washington, D.C.-based health care consulting firm Avalere Health is shining a brighter light on home-based care and its ability to drastically lower total cost of care. Released Tuesday, the report takes a comprehensive look at Hartford, Connecticut-based CareCentrix, a health-at-home solutions company that manages care for 17.5 million members through its […]
“This really isn’t a new model.” That’s what many home-based care operators and health systems think after they’re asked about the recent hospital-at-home boom in the U.S. In actuality, hospital-at-home models surfaced in the 1990s. Early adopters included Johns Hopkins University, which pioneered its own concept — and proved that it worked — decades before […]
InnovAge (Nasdaq: INNV), a Program of All-Inclusive Care for Elderly (PACE) provider, officially went public Thursday. Denver-based InnovAge offers one of the largest PACE programs in the U.S. The company has about 1,900 employees and serves 6,600 seniors in Colorado, New Mexico, California, Pennsylvania and Virginia. In addition to its PACE offerings, InnovAge owns two […]
Several states have made progress vaccinating residents who are 65 and older against the COVID-19 virus, but reaching homebound seniors remains a challenge. That challenge is partly because many home health and home care agencies — the traditional eyes and ears of the home — do not have access to vaccines themselves. Additionally, vaccinating homebound […]
An eclectic group of health care providers has formed a new organization dedicated to advancing home-based care. The long-term vision of the new entity, branded “Moving Health Home,” is to fundamentally change the way policymakers think about how, when and where patients are treated. The coalition, unveiled Wednesday, is made up by eight diverse founding […]
With a new round of financing secured, in-home medical care company DispatchHealth is gearing up for another major expansion push. The Denver, Colorado-based company announced Wednesday that it has raised an additional $200 million in Series D, bringing its overall fundraising total to more than $417 million since launching in 2013. DispatchHealth’s latest funding comes […]
One of the biggest home health providers in the country is teaming up with one of the nation’s largest home care organizations. Birmingham, Alabama-based Encompass Health (NYSE: EHC) and Omaha, Nebraska-based Right at Home jointly announced a new preferred provider relationship on Tuesday. Broadly, the relationship is focused on “a strong mutual commitment to ongoing […]
Tomorrow Health — a relatively new startup seeking to become an Amazon-like service for home health providers — has partnered with Geisinger Health Plan (GHP). The goal of the partnership: to give patients better access to home durable medical equipment (DME) and supplies. Back by venture capital giant Andreessen Horowitz, Tomorrow Health and its digital […]
Back in 2018, it felt like the health care sector was on the verge of a massive shift, driven by a desire from payers to better manage their members’ total cost of care with enhanced in-home capabilities. Much of that feeling came from watching Humana Inc. (NYSE: HUM). The Louisville, Kentucky-based health insurer teamed up […]
CVS Health (NYSE: CVS) has allotted ample resources toward home- and community-based care over the past year. It has done so for several reasons, CVS Health leaders point out. For one, investing in home-based care makes it easier for patients to access necessary services during the public health emergency. But CVS Health’s focus on the […]
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