MIRAMAR, Fla. (April 12, 2021)—onehome, a leader in post-acute home-based care (PAHC), is partnering with Devoted Health, one of the fastest-growing Medicare Advantage companies in the United States, to expand care to Devoted Health's members in Arizona, Ohio and San Antonio, Texas.
The partnership brings enhanced care into members' homes, enabling them to receive healthcare including infusion services, wound therapy and durable medical equipment in the safest environment, avoiding the risks of infection associated with institutional settings.
The booming home health care market, accelerated by the impact of the COVID-19 pandemic, and the growing Medicare Advantage population, is bringing together companies like onehome and Devoted Health to make both PAHC and ongoing care more accessible, reducing the rate of hospital readmission and, oftentimes, the duration of treatment for healing.
"Our members' health and quality of life depend on access to safe and necessary care, and, increasingly, we are looking to the home as the best environment for healing," said Ed Park, co-founder and CEO, Devoted Health. "We've partnered with onehome to deliver their high level of care as we expand into Arizona, Ohio and Texas, confident that the unique model they've built and their proven track record of moving post-acute care into the home couldn't be of greater value at this time for serving the needs of our new members."
Through a value-based, full-risk model, onehome serves more than 1 million patients with PAHC in the fastest-growing segment of the health care industry. The U.S. home health care market is projected to grow 7% annually to $173 billion by 2026 as the migration from facility-centric care is motivated by the clinical and economic benefits of care in the home. Growth is further accelerated by the silver tsunami, with 10,000 baby boomers turning 65 every day, and the impact of the COVID-19 pandemic on patient safety and preference to remain at home.
"It's exciting to grow into new markets with a partner that's committed to servicing the growing Medicare Advantage population," said Joseph Mayer, M.D., president, onehome. "Since our beginning, onehome has been guided by the mission of making the home the center of care in order to improve the patient experience and provide healthcare plans with the tools to expand their member benefits. Our partnership with Devoted Health will help deliver a high level of care to older people who want to remain healthy at home."
onehome has also begun as Devoted Health's delegated provider for utilization management, claims and credentialing. onehome was recently approved as a licensed third-party administrator in Arizona and Ohio and will maintain its existing TPA status in Texas.
Visit onehome.health for more information.
