The Program of All-Inclusive Care for the Elderly (PACE) is designed to keep older adults in their homes by using multidisciplinary care teams, including home-based care providers, and leveraging alternative payment structures to help avoid institutional bias. “People want to stay at home, and we want them to stay at home as well,” Rob McCommons, […]
Category: PACE
Most patients with complex medical needs, especially those who depend on life-sustaining equipment, are cared for at home by home-based care providers. However, providing care for these patients presents unique challenges that require specialized skills and better communication. To effectively care for medically intensive patients, home-based care operators must integrate emerging technologies, including wearables and […]
What was once known as health care’s “best kept secret” — the Program for All-Inclusive Care for the Elderly (PACE) model — is gaining more attention for its ability to curb costs for payers. Organizations InnovAge (Nasdaq: INNV), PACE Southeast Michigan and BoldAge PACE have it down to a science. These organizations have found that […]
The Program for All-Inclusive Care for the Elderly (PACE) model has earned a quiet yet mighty reputation for delivering a concierge-like care experience that keeps seniors healthy and independent. The reported success of Mercy LIFE West Philadelphia is just another recent example of this. Mercy LIFE West Philadelphia recently received the Pathway to Excellence designation […]
The home health, home care and Program of All-Inclusive Care for the Elderly (PACE) landscape saw a fresh crop of deals this month. h/care adds American Premier to its platform h/care is growing its platform and expanding its Arizona footprint through a partnership with American Premier Home Health, Hospice, and Palliative Care. “Phoenix is one […]
InnovAge Holding Corp. (Nasdaq: INNV) — one of the largest providers of the Program of All-Inclusive Care for the Elderly (PACE) model — has agreed to a $27 million settlement following allegations it made misleading statements in its initial public offering (IPO), according to recent reports by Law360. The lead plaintiffs included the El Paso […]
At-home care providers are looking to the future. This means seriously investing in alternative home-based care models, such as hospital-at-home and Program of All-Inclusive Care for the Elderly (PACE). DispatchHealth, Contessa Health and Alivia Care are some of the organizations that have jumped headfirst into alternative home-based care models, enabling the creation of more comprehensive […]
Valir PACE acquires Cherry Blossom PACE Valir PACE, a care provider for older adults through the Program of All-Inclusive Care for the Elderly (PACE), has acquired Cherry Blossom PACE. “Our mission has always been to provide the highest quality of care to the most vulnerable in our communities, and we look forward to building on […]
Leading home-based care providers announced new partnerships and strategic expansions this month in an effort to efficiently and cost-effectively provide care for the growing aging population in the U.S. HomeCentris Healthcare acquires Family First Healthcare HomeCentris Healthcare has acquired Family First Home Healthcare. The deal closed on April 3, and HomeCentris has begun integrating the […]
Despite operating on razor-thin margins and facing persistent reimbursement challenges, some home-based care providers are setting themselves apart by leaning into innovation. By embracing alternative payment models, virtual health and opportunities like hospital-at-home programs, providers can save themselves from home-based care’s “self-inflicted challenge” of not capitalizing on the industry’s evolving opportunities, according to Bill Dombi, […]
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