Acquisitions of home care companies by leading insurers highlights rapidly aging demographics, increasing chronic disease burden, emerging remote monitoring capabilities, and virtual technologies and value-based payment schema, notes FTI Consultants.
Risk-adjusted factor score optimization was also a driver of acquisition for CVS Health; UHG already had HouseCalls. The home is no longer only a center of chronic disease management; it is also a focus for potentially acute and post-acute care. It also represents the site of care preference for most patients and eliminates the costly facility fees seen with visits to major health systems. Read more.