News and Market Developments
Fierce: Costco Expands Healthcare Footprint, Teams Up with Sesame to Offer Members $29 Virtual Care Visits (9/25) – Costco is partnering with startup Sesame to offer special discount pricing on outpatient medical care services, including telehealth, to its members by booking appointments directly through their Costco memberships. According to Costco executives, bringing health care into their home allows Costco members to have access to care in a setting that’s right for them and the opportunity to develop long-term doctor-patient relationships with a Sesame provider.
Home Health Care News: ‘A Huge Opportunity’: Behind Health Systems’ Home-Based Care Initiatives (9/25) – Health systems and hospitals, such as Upstate University Hospital and Intermountain Health, are increasingly focusing on providing care in patients' homes to expand their reach and better address community health needs. Both organizations have seen positive outcomes from their hospital-at-home programs, with reduced readmission rates and medical expenses. However, shifting care into the home comes with coordination challenges, regulatory uncertainties, and reimbursement remains a major concern. Despite these challenges, health systems continue to explore home-based care options and anticipate growth in this area.
Home Health Care News: How LHC Group, Compassus, Choice Health at Home Are Building ‘Next-Generation Home Health Platforms’ (9/20) – Home-based care providers are evolving into next-generation entities to thrive in modern health care. Organizations like Compassus focus on integrated senior care, including home health, hospice, palliative care, infusion therapy, and advanced care management. PathWell emphasizes the Medicare Advantage population, and Choice Health at Home invests in its employees, embraces palliative care, and adopts remote patient monitoring.
PR Newswire: Mercy Launches First Hospital-at-Home Program in St. Louis Region (9/20) – Mercy, in collaboration with Maribel Health, has launched its Mercy Hospital-at-Home program, providing hospital-level care in patients' homes. The program covers all aspects of clinically appropriate care and is managed by an interdisciplinary team of doctors, nurses, pharmacists, and others who oversee patients through in-person and virtual visits. The program aims to reduce the burden on hospitals, provide high-quality care in the home, and meet the changing needs of patients.
Becker's Hospital Review: CVS Leans into Primary Care (9/19) – CVS Health is planning to expand its primary health care services and leverage analytics and technology to enhance preventive care. CVS Health aims to personalize care by using analytics and technology to reach patients where they are, offering services such as automated reminders and virtual care for routine screenings.
MedCity News: Remote Patient Monitoring: Gaining Insight into Patient Health from Afar (9/18) – Remote patient monitoring (RPM) demonstrates several benefits for clinicians and patients, including the advantages of easy access to patient data, enhanced management of chronic conditions, and unprecedented boosts in efficiency. RPM is revolutionizing health care by allowing clinicians to monitor patients' vital signs and conditions remotely. Additionally, it enhances efficiency by prioritizing patient needs and optimizing workflows, reducing hospital visits, and readmissions.
PR Newswire: Caring for Caregivers: Prioritize Brain Health to Reduce the Risk of Alzheimer's Disease (9/18) – Home Instead, an in-home care provider for older adults, is expanding the role of caregivers to support individuals with Alzheimer's. The stress, sleep deprivation, and lack of self-care that caregivers often experience can contribute to the development of the disease. With 80 percent of Alzheimer's care provided in the home, Home Instead aims to protect the well-being of Alzheimer's caregivers.
McKnights Home Care: Peer-to-Peer: Mass General Brigham Strengthens Hospital-at-Home Efforts Despite Expiring Waiver (9/18) – Mass General Brigham's Home Hospital program, launched in 2016 and expanded in 2022, allows patients to receive hospital-level care in their homes. Despite the uncertainty of the Acute Hospital Care at Home waiver's expiration at the end of 2024, the program continues to grow and adapt. Mass General Brigham has found success in patient outcomes and experiences, as well as cost savings and reduced readmissions, compared to inpatient care. The program offers comprehensive services, including pharmacy, medication, hydration, infusions, diagnostics, remote patient monitoring, transportation, and more.
Home Care Magazine: Best Buy Health, Geisinger Expand to Improve Chronic Disease Management at Home (9/14) – Best Buy Health and Geisinger are expanding their partnership to provide in-home care for patients with chronic conditions. Geisinger launched its ConnectedCare365 chronic care management platform in 2021 and has enrolled more than 1,100 patients in remote patient monitoring programs. Best Buy Health, through its Geek Squad agents, delivers, installs, and activates remote care management devices for these patients. Best Buy Health and Geisinger plan to design a comprehensive package of technology and services to support health care organizations in managing chronic conditions at home.
McKnight’s Senior Living: Demand for Direct Care Workers Expected to Outpace Availability: Report (9/13) – The demand for direct care workers, including home care workers, nursing assistants, and residential care aides, is expected to rise significantly over the next decade. The direct care workforce is projected to add over 1 million new jobs between 2021 and 2031, making it the fastest-growing job sector in the country.
Home Health Care News: Walgreens Will Leverage CareCentrix for Hospital-To-Home Transitions in New Partnership (9/12) – Walgreens Boots Alliance is partnering with Pearl Health to expand value-based care offerings. Pearl Health, a provider enablement company, will help primary care providers transition from fee-for-service models to value-based care. Additionally, Walgreens will collaborate with participating providers to support patients transitioning from the hospital to home through CareCentrix, a health-at-home solutions company acquired by Walgreens in 2022. The company plans to leverage its pharmacy services and community presence to better address the needs of patients with complex or chronic conditions in home-based care.
Mass General Brigham: Mass General Brigham to Expand Home Hospital to 3 Community Sites (9/11) – Mass General Brigham Healthcare at Home is expanding its Home Hospital service to reach more patients across the region. Mass General Brigham Healthcare at Home currently operates one of the largest Home Hospitals in the country, providing acute care for patients at home who would traditionally need inpatient hospitalization. The expansion aims to increase facility hospital bed availability and shift 10 percent of inpatient care to patients' homes over the next five years.
mHealth Intelligence: Health Technologies Driving Hospital-at-Home Programs (9/7) – The H@H model, which extends care access beyond hospitals, has gained popularity, especially during the COVID-19 pandemic. RPM devices play a crucial role in this model, with various wearable and ambient tools collecting vital signs and transmitting data to care teams. Telehealth technology enables direct communication between clinicians and patients, offering synchronous and asynchronous methods for remote care.
NYT: You Shouldn’t Have to Take Care of Your Aging Parents on Your Own (9/6) – The rising demand for caregiving in an aging society with many older Americans wanting to age in place, coupled with the financial and emotional pressures on family caregivers, calls for a new system of support. Already, around 42 million Americans are providing informal support to someone 50 or older, and many of them are struggling under the financial and psychological pressure. Legislative proposals to improve compensation, training opportunities, and support for family caregivers could alleviate some of these challenges.
Medical Economics: How Primary Care Physicians Can Use Home-Based Care Models to Reach Rural Populations (9/6) – The United States is facing a significant shortage of health care professionals, including primary care physicians, with projections suggesting a shortage of between 37,800 and 124,000 in the next decade. Rural areas are particularly affected and nearly 30 percent of rural hospitals are at risk of closing, resulting in adverse health outcomes. Primary care physicians in these areas are experiencing historic levels of burnout due to increased workloads. To address these challenges, innovative solutions such as telemedicine, remote monitoring, and home-based care initiatives are needed.
Home Health Care News: How Amedisys, Walgreens and Intermountain Healthcare Are Building 360-Degree Home-Based Care Models (9/5) – Many health care organizations, including home health providers, health systems, and retailers, are transitioning to 360-degree home-based care delivery models that encompass a wide range of services and care settings. Amedisys, a home-based care provider, expanded its services into higher-acuity care through its acquisition of Contessa Health, recognizing the need to provide more comprehensive care to meet the demands of Medicare Advantage and payer partners. Other major health care players, like UnitedHealth Group's Optum and Walgreens Boots Alliance, have also embraced home-based care as part of their strategic initiatives.
HealthTech Magazine: Remote Patient Monitoring Plays Important Role in Advancing Home Healthcare (9/1) – RPM devices are transforming health care by extending care beyond hospital walls and enabling health care organizations to monitor and manage patient health wherever they are. Remote monitoring devices are particularly valuable for tracking acute conditions, managing chronic diseases, and empowering patients to take control of their health. Health care organizations should prioritize data privacy and security, provide clear expectations for device use, and address challenges such as poor connectivity to ensure successful remote monitoring implementations.
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