Based on current trends, risk-based payment systems will likely shape the future of palliative care. The palliative care market is projected to swell during the next decade. However, no standardized definition exists for “palliative care.” Providers use a range of approaches to providing the service, from consults with advance care planning to short-term transitional care […]
Baylor Scott & White Health
Home health and hospice giant Amedisys Inc. (NASDAQ: AMED) has repeatedly voiced its enthusiasm for its palliative care business in early 2023. It now has another reason to be excited: a new contracting agreement with a key payer. On Wednesday, the Baton Rouge, Louisiana-based Amedisys announced a new agreement with BlueCross BlueShield of Tennessee to […]
New research is carving out the case for palliative care investment as more hospices dive into this growing market. A recently published study from Scientific Reports found that cancer patients who received palliative care services required 38% fewer emergency department visits and saw 56% fewer hospital admissions than those who did not. Additionally, the palliative […]
Contessa, a subsidiary of Amedisys Inc. (NASDAQ: AMED), and Mount Sinai Health System have expanded their joint venture to form a new entity offering a larger continuum of care, branded as “Mount Sinai at Home.” Tennessee-based Contessa first partnered with Mount Sinai in 2017 to provide hospital-at-home services. In 2021, their joint venture expanded to […]
Hot on the heels of forming four palliative care-focused joint ventures, Contessa Health has several more in the works during the remainder of 2022. Contessa is a subsidiary of Amedisys, Inc. (NASDAQ: AMED), which announced its $250 million acquisition of the high-acuity home care company in June of last year. Since that time, Contessa has […]
More hospice and palliative care providers are pursuing joint ventures with hospitals and health systems. Joint ventures offer unique advantages compared to traditional referral streams, according to Aaron Stein, COO of Contessa Health, a subsidiary of Amedisys (NASDAQ: AMED). Joint ventures allow providers to develop integrated care models that build improved transitions of care, said […]
Amedisys (NASDAQ: AMED) subsidiary Contessa Health has unveiled a new joint venture partnership with Texas-based Memorial Hermann Health System. This marks another milestone in Contessa’s strategy to build pathways for greater integration of home-based care and palliative services. The partnership is intended to expand the delivery of palliative and home-based medical care in the state, […]
Amedisys subsidiary (NASDAQ: AMED) Contessa Health has partnered with Texas-based health system Baylor Scott & White Health to develop a model for continuous care in the home, which includes palliative care components. The move is aimed at providing new alternative care models to extend comprehensive, coordinated care to patients’ homes, including hospital-level care, palliative and […]
Subscribe
Receive industry updates and breaking news from Hospice News