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Home Care

UHG’s Optum Acquires Home Health Business LHC Group for $5.4B

by Healthcare M&A Activity 03/30/2022 Leave a Comment

UHG's Optum Acquires Home Health Business LHC Group for $5.4B

What You Should Know: - UnitedHealth Group subsidiary Optum has agreed to acquire LHC Group, a national patient-focused provider of high-quality in-home health care services for $5.4 billion ($170 per share).       - The acquisition will further strengthen their shared ability to advance value-based care, especially in the comfort of a patient’s own home. Extend Value-Based Care into Patients’ Homes The combination of LHC Group with Optum Health, which works
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2022 Infusion Industry Outlook: Adapting Care Delivery to Meet New Realities

by Roger Massengale, Chief Commercial Officer, Eitan Medical 03/07/2022 Leave a Comment

2022 Infusion Industry Outlook: Adapting Care Delivery to Meet New Realities

January 2022 marked two years since the outbreak of COVID-19, with the healthcare system still working to adjust to a very challenging new reality. However, these challenges have served as a catalyst for important shifts within the healthcare industry, some of which are poised to be a significant part of the 2022 infusion landscape. Similar to 2020, there were increases in demand in 2021 for infusion pumps to treat COVID-19 patients. Initially, infusion pumps were requested for Covid patients
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ConcertoCare Raises $105M for Value-Based At-Home Care for Seniors

by Fred Pennic 02/03/2022 Leave a Comment

ConcertoCare Raises $105M for Value-Based At-Home Care for Seniors

What You Should Know: - ConcertoCare, a value-based care provider of at-home care for seniors and other adults with unmet health and social needs raises $105M in Series B funding led by Wells Fargo Strategic Capital. The round also includes investments from Obvious Ventures, Vast Ventures, The Schusterman Family Foundation, SteelSky Ventures, Pennington Partners, and returning investor Deerfield Management. The funding announcement comes on the heels of ConcertoCare acquiring home-based
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Medically Home Secures $110M to Expand Hospital-At-Home Platform

by Jasmine Pennic 01/10/2022 Leave a Comment

Medically Home Secures $110M to Expand Hospital-At-Home Platform

What You Should Know: - Medically Home today announced a new, $110M round of funding from strategic investors including Baxter International Inc., Global Medical Response (GMR) and Cardinal Health who will each have representation on the company's Board. Cardinal Health, Mayo Clinic and Kaiser Permanente are providing additional capital on top of their previous investments, demonstrating confidence in the growing expansion of the model nationwide. - The Medically Home model
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6 Top Reasons to Consider In-Home Care For Elderly

by HITC Staff 01/03/2022 Leave a Comment

6 Top Reasons to Consider In-Home Care For Elderly

Your aging loved ones need special care and attention. Whether it is taking care of their health or helping them with daily chores, your elderly parents may require assistance to live healthily and comfortably. It’s possible that you cannot be there for 24x7 assistance, but you can look for different in-home care options. Home care proves to be the best solution for many families as it allows their elderly loved ones to stay within the comfort of their homes and seek proper healthcare. Some
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AdhereHealth Partners with Digital In-Home Care Provider, Hero

by Jasmine Pennic 12/17/2021 Leave a Comment

AdhereHealth Partners with Digital In-Home Care Provider, Hero

What You Should Know: - Partnership enables AdhereHealth to deploy Hero’s digital in-home care platform to simplify complex medication routines, improve patient safety and optimize value-based care. AdhereHealth, a healthcare technology leader in medication adherence insights and health outcomes, has entered into a strategic partnership with Hero, the market leader in digital in-home care. This new agreement enables AdhereHealth to deploy Hero’s digital in-home care platform to help
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Home Care Startup MedArrive Raises $25M for Affordable At-Home Care

by Fred Pennic 11/17/2021 Leave a Comment

Bright Health, MedArrive Partner to Deliver Preventative In-Home Care

What You Should Know: - Home care startup MedArrive raises $25M in Series A funding led by Section 32 to accelerate platform buildout, network expansion to bring affordable at-home care to vulnerable populations across the country. - MedArrive enables healthcare payers and providers to seamlessly extend care services into the home, unlocking access to high-quality healthcare for more people at a fraction of the cost. - Since its founding in December 2020, MedArrive has doubled the
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Bright Health, MedArrive Partner to Deliver Preventative In-Home Care

by Jasmine Pennic 11/09/2021 Leave a Comment

Bright Health, MedArrive Partner to Deliver Preventative In-Home Care

What You Should Know: - Bright HealthCare (“Bright Health”), a tech-enabled health insurance carrier, announced a new partnership with MedArrive, a healthcare platform that enables payers and providers to extend medical services into the home. Through the program, which recently kicked off in Charlotte, North Carolina, Bright Health is tapping MedArrive’s network of highly skilled EMS professionals within the community to conduct in-home preventive health visits coupled with physician-led
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Hoy Health Acquires Mobile Med Units Company HomeFront Health

by Jasmine Pennic 08/31/2021 Leave a Comment

Hoy Health Acquires Mobile Med Units Company HomeFront Health

What You Should Know: - Hoy Health, a bilingual digital primary care platform today announced the acquisition of HomeFront Health, a San Antonio, TX-based service-driven mobile healthcare organization that delivers frontline medical services to patients in their homes as an extension of hospital- and provider-centric care models. By harnessing the untapped resource of military-trained and field-tested veteran medics, the mobile medical units provide unparalleled in-person patient care when
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eCaring Acquires Home Care Agency Platform Home Care IT – M&A

by Fred Pennic 06/21/2021 Leave a Comment

eCaring

What You Should Know: - eCaring, an integrated software platform that aligns the entire in-home care team, has acquired Home Care IT, a secure, web-based software product for home care agencies based in Lexington, MA. - Home Care IT™ is a feature-rich, web-based, home care management software for non-medical home care and personal care agencies.  The product consolidates and simplifies many of the important tasks required for the management of a home care agency and drives
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