The Walgreens-Boots Alliance (NASDAQ: WBA) will focus on smaller tuck-in transactions in 2023 as opposed to the multi-billion dollar deals the company pursued in 2022. Last year, WBA poured money into health care provider investments and acquisitions, including the home-based care platform CareCentrix, Inc. and VillageMD. Those companies both provide palliative care in addition to […]
Walgreens Boots Alliance (NASDAQ: WBA) is putting the pedal to the metal in its $392 million deal to secure full ownership of home-based care company CareCentrix. The Walgreens Boots Alliance (WBA) is a Fortune 500 health care and retail powerhouse and parent company of the Walgreens retail pharmacy chain. Like its rival CVS Health (NYSE: […]
The Walgreens Boots Alliance, Inc. (NASDAQ: WBA) has completed its acquisition of a majority share in the home-based care platform CareCentrix, Inc. This transaction deepens Walgreens’ reach into the home-based care space. It comes on the heels of prior investments in home-based primary care company VillageMD and the home health and hospice provider BrightSpring Health […]
Individually, palliative care and social determinants programs both have the potential to improve quality of life and reduce costs — but that potential may be greater when the two are combined. Social determinants are non-medical needs that can have a significant impact on the trajectory of patients’ health, such as nutrition, transportation, social or caregiver […]
Hospices are developing new services to meet patients’ complex needs and capitalize on value-based payments, but the workforce shortage is causing complications. Ensuring appropriate staffing is a key consideration in service diversification. This goes beyond numbers alone — employee interest and engagement also count, according to Christina Andrews, director of professional services at Axxess. “When […]
Efforts have been growing among health care providers, payers, advocacy groups and state policymakers to make community-based palliative care more accessible to patients and families. Hospice organizations are extremely well-equipped to provide this care, according to Terri Maxwell, general manager, chief clinical officer and co-founder of Turn-Key Health. Turn-Key Health is a national community-based palliative […]
Post-acute company CareCentrix, headquartered in Hartford, Conn., has closed the acquisition of community-based palliative care provider Turn-Key Health for an undisclosed sum. The transaction has it roots in a partnership the two companies pursued early in the second quarter of 2019, when they began to integrate their respective care management and predictive analytic platforms to […]
CareCentrix and Turn-Key Health are integrating their respective care management and predictive analytic platforms to help identify seriously ill patients in need of community-based palliative care. The companies are integrating the CareCentrix HomeBridge platform with Turn-Key’s Palliative Illness Management (PIM) application. The combined system will bring 200 million discharge records from the HomeBridge program into […]
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