Jefferson Health and Bayada Home Health Care have announced plans for a post-acute care joint venture that will increase home services and virtual technologies for New Jersey and Pennsylvania patients in the healthcare system.
The industry’s latest home health initiative is tentatively called Jefferson Health at Home and is expected to be finalized in spring 2022.
Jefferson and Bayada said the joint venture is a way to implement each organization’s home care strengths.
For Jefferson, that means his existing home and palliative care services of Jefferson Health New Jersey and Abington Jefferson Health. Bayada, on the other hand, offers its scale and management systems to provide operational oversight of the joint venture.
The partners also noted that their efforts will “focus on smooth transitions in care” as well as better access to digital health technologies that can improve the patient experience.
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“This partnership is a revolutionary step towards a future where the home is the center of health care,” said David Baiada, CEO of Bayada, in a statement. “Bayada’s management, operational and clinical expertise, coupled with Jefferson Health’s clinical vision and commitment to innovation, will continue to transform healthcare in the Philadelphia area, and we will use this platform- shape to launch bold and innovative digital healthcare experiences at home, where people want to be the most.
Jefferson Health at Home will have joint leadership and governance of its two founding organizations, according to the announcement. The deal will also see a university affiliation that will add training options for Jefferson students, the organizations said.
“The pandemic has increased the demand for home-delivered hospital services,” said Bruce Meyer, MD, president of Jefferson Health, in a statement. “Jefferson has extended infusion services and remote oxygen monitoring to the homes of thousands of our patients while seeing tens of thousands of patients through our telehealth service. Now, with Bayada and Jefferson aligned, we are able to leverage their post-acute care best practices over an expanded geographic footprint while reducing the total cost of care without compromising access or quality.
Bayada, based in Moorestown, New Jersey, is a family-owned, nonprofit organization that employs more than 26,000 nurses, home helpers, therapists and other home health professionals. It operates 347 sites in 22 states and a handful of countries outside of the United States
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Jefferson Health of Philadelphia recently completed a merger with Einstein Healthcare Network that saw early opposition from federal regulators. He also took full ownership of the Temple University Health System’s Health Partners Plan managed care just a few weeks ago, a move he said would trigger a push towards value-based care.
Appetite for post-acute home care programs has grown among health systems, in part thanks to emergency reimbursement allocations that some stakeholders hope will last well beyond the pandemic.
Analysts predict that the number of home hospital providers will triple in the coming years, as systems such as Kaiser Permanente, Mayo Clinic, Henry Ford Health System and UnityPoint Health have recently stepped up their home hospital efforts. But not all industry players are happy with the change; National Nurses United recently wrote that the acute home care trend threatens jobs and diminishes the role of hospital nurses in providing appropriate patient care.