Home Health Care News January 2, 2025
When Amedisys Inc. (Nasdaq: AMED) acquired Contessa Health for $250 million in 2021, it changed the home-based care landscape. While other companies had been toying with high-acuity care in the home, that deal sent a clear message: Home-based care was becoming more than just Medicare-certified home health care and personal care services.
Since that point, Contessa Health has had to fight an uphill battle. With any newer service, health systems and payers need to be convinced of its worth.
The company has built up enough data now to prove the value of services like hospital at home and SNF at home. Contessa has additionally invested in palliative care, which is also becoming an important service now that value-based payment models...