The digital advance care planning company Koda Health has secured an undisclosed sum in a second seed funding round. The investment firm Ecliptic Capital led the round, with participation from Memorial Hermann Health System, AARP and the Texas Medical Center Venture Fund. Koda plans to use the funds to spur further expansion, including its patient […]
Moving into 2024, more hospices see joint ventures or similar partnerships to be a major growth engine. Nearly half of 143 respondents to Hospice News’ 2024 Outlook Survey, conducted with Homecare Homebase, said that joint ventures and partnerships were the growth tactics they planned to pursue the most this year. More than 62% of the […]
Dallas-headquartered AccentCare has tapped Saurabh Gupta as its new chief financial officer. The post-acute health care company announced the leadership change Monday morning. Gupta previously served as CFO of Envision Medical Group, working in various finance and strategic planning roles at Steward Health Care, pharmaceutical and medical device companies Alcon and Novartis, American Airlines and […]
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 […]
Dallas-headquartered AccentCare is forming a joint venture with Houston-based Memorial Hermann Health System. Through the JV, the two health care organizations are combining their home health and hospice operations in south Texas to form a new entity. AccentCare will take the lead on managing the home-based care business. Joining forces will allow the organizations’ to […]
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, […]
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