Home-based care management company Univita Health has acquired HME and DME provider All-Med Services of Florida, in a deal that adds more than 1 million patient lives to Univita's book of business.
Univita, which has nine locations across the country, works with health plans to provide care management services in patients homes in order to help them more effectively manage their health and avoid unnecessary admissions and re-admissions to hospitals.
"Our unique home-based care management model that is based on the integration of home care and complex care management continues to demonstrate transformational value for health plans and other payers," said Hugh Lytle, president and CEO of Univita, in a press relese. "The addition of All- Med will allow us to expand that model, and grow into new geographical markets, even more quickly and effectively."
With the acquisitions of All-Med's clients, Univita has increased the number of patients it serves by 20 percent to 5 million. All-Med provides both home healthcare services, along with home delivery of home medical and respiratory equipment and home infusion services.
All-Med serves central and south Florida from five locations in Orlando, Tampa, Jupiter, Fort Myers and Miami Lakes and focuses on the Medicare, Medicaid and managed care populations.
"For over 25 years, we've built a reputation based on unparalleled customer service and innovative care management strategies," said Raul Rodriguez, founder and executive chairman of All-Med, in statement announcing the sale. "We've improved patient care and reduced healthcare costs through our integrated care platform, which will be taken to the national level by joining forces with Univita."
According to Univita, the company focuses on the costliest patients in the health are system – those with chronic conditions and co-morbidities including Medicare and Medicaid dual eligible that account for the bulk of the country's healthcare spending. According to an August 2010 brief from the Center for Healthcare Research & Transformation, five percent of the population, those with the most complex and extensive medical conditions, account for nearly half (49 percent) of all healthcare spending and 20 percent of the population accounts for 80 percent of the country's total healthcare bill.
Univita's model is geared toward taking a bite out of those high cost patients, working directly with health plans to help provide better, more comprehensive healthcare management in a home setting.
"Joining Univita is an ideal step forward for All-Med given our shared vision for home-based care management," said Jorge Pereda, CEO of All-Med in a press release announcing the deal. "Collectively, we will continue to align incentives with health plans and members by entering into accountable care agreements that deliver improved patient care and provide added predictability to health plans."