Contessa, the innovation and high-acuity arm of Amedisys Inc. (NASDAQ: AMED) has made large investments in expanding access to palliative care, particularly through joint ventures with health systems. Amedisys acquired Contessa in 2021 for $250 million. The subsidiary’s specialty is high-acuity care in the home, including hospital-at-home and skilled nursing facility-at-home programs, but in recent […]
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 […]
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 […]
Trinity Health at Home recently acquired Iowa-based Above & Beyond Home Health Care and Hospice for an undisclosed sum. The two will officially join forces on July 1 in a move aimed at expanding much-needed care in local communities. The home health and hospice provider is part of Trinity Health, a large, faith-based nonprofit health […]
Amedisys (NASDAQ: AMED) subsidiary Contessa Health is seeing strong patient engagement for its expanded home-based palliative care program, which the company launched in January in partnership with Mount Sinai Health System in New York. Tennessee-based Contessa Health provides a continuum of home-based care, including high-acuity services such as hospital-at-home and skilled-nursing-at-home services. Home health and […]
The acquisition of Contessa Health by Amedisys (NASDAQ: AMED) is opening new lines of communication with hospitals and health systems that could fuel further expansion by the home health and hospice provider. Amedisys purchased Contessa in June 2021 for a total consideration of $250 million. Contessa Health is a Tennessee-based company that provides hospital-at-home and […]
A forthcoming deal and new hospital system partnerships stands to potentially double Contessa’s footprint through the end of this year and into 2022. Contessa is a subsidiary of Amedisys (NASDAQ: AMED), which acquired the company in June for a total consideration of $250 million. In the midst of this expansion, the company has plans to […]
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