Amedisys Inc. (Nasdaq: AMED) has an agreement in place to acquire Contessa Health, one of the biggest players in the hospital-at-home market, for $250 million. The acquisition takes Amedisys’ total addressable market for in-home care services from $44 billion to $73 billion, according to the company. Strategically, Amedisys believes it can leverage its existing home-based […]
Contessa Health
Moving Health Home — the new provider coalition formed in early March dedicated to advancing home-based care in the United States — has landed seven new members. The Washington, D.C.-based industry group announced Friday that Compassus, UPMC, U.S. Medical Management, the Visiting Nurse Service of New York (VNSNY), Advocate Aurora Health, Contessa Health and Vituity […]
The 42nd episode of our podcast, Disrupt, is now available! For this episode of Disrupt, Home Health Care News sat down with Contessa Health’s senior medical advisor, Mark Montoney, to chat about the booming hospital-at-home model in the United States. Nashville, Tennessee-based Contessa helps health systems provide hospital-level care in the home through its Home […]
Despite the hospital-at-home model existing for over 20 years, its popularity in the U.S. has been slow to gain significant traction. But the model made huge strides in 2019, with the implementation of a number of programs across the country. Generally, hospital-at-home programs attempt to provide acute, hospital-level care in the home as an alternative […]
LHC Group expands joint venture LHC Group (Nasdaq: LHCG), Texas Health Resources and Methodist Health System have agreed to purchase and share ownership of Healthcare Resources, an Arlington, Texas-based home health provider. DFW Home Health — a separate legal entity jointly owned by LHC Group, Texas Health Resources and North Texas Health Facilities Management Inc., […]
Contessa Health has entered into an agreement with Greenville, South Carolina-based Prisma Health, marking its third hospital partnership this year and its fifth since the company was founded in 2015. And that won’t be the last deal of 2019 for the Nashville-based hospital-at-home company, according to CEO Travis Messina, who says Contessa has finalized and […]
AccentCare Makes Two Acquisitions in Texas Dallas-based AccentCare, Inc. has added to its growing client base by acquiring Community Connection Home Health’s personal care services segment and Q & A Health Services. The two acquisitions will likely add about 400 new clients, AccentCare told HHCN via email. The company declined to disclose the purchase price. Community […]
Investors like the home hospitalization concept, judging by a $7 million funding round just secured by Contessa Health Inc. The Nashville-based company partners with health plans and health systems, helping them identify and care certain patients in their own homes rather than in hospitals, and manage costs of that care. The home hospitalization concept is […]
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