DispatchHealth has signed a definitive merger agreement with Medically Home to create a combined entity focused on expanding access to hospital-level care at home across the US.
Upon completion of the deal, Medically Home will become part of DispatchHealth.
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The merged entity plans to operate in 50 major metropolitan areas, working in collaboration with nearly 40 health systems, value-based care organisations and most health plans.
Both DispatchHealth and Medically Home did not disclose the financial terms of the agreement.
Subject to receipt of necessary regulatory approvals and closing conditions, the merger is anticipated to close by mid-2025.
The combined business will offer services ranging from same-day care for serious medical conditions to complex hospital-level treatment delivered directly in patients’ homes.
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By GlobalDataIt is anticipated to improve patient outcomes and reduce total care costs by up to 30% over a 30-day period, DispatchHealth said.
With the improved capabilities, the merged entity plans to free up more than 62,000 bed days, easing pressure on health systems and increasing patient access to quality in-home care.
DispatchHealth CEO Jennifer Webster said: “Healthcare demands innovative solutions that align clinical excellence with financial sustainability. We’ve proven the home can be an extension of the hospital while improving the quality of care.
“This merger brings together two complementary pioneers in hospital-level care at home, accelerating our ability to expand access, lower costs, drive value, and improve capacity for health systems across the country.”
Medically Home provides a hospital-at-home technology model that enables health systems and physician groups to deliver emergency and hospital-level care at home for eligible patients.
The company offers a complete system of clinical protocols, platform technology, and service fulfilment, supporting partners to safely manage patient care at home.
Medically Home CEO Graham Barnes said: “For many patients, the best hospital bed is the one at home.
“By joining forces with DispatchHealth, we’re creating a stronger, more integrated model that will enable more patients, providers, and health systems to embrace high-acuity home-based care with confidence.”
Founded in 2013, DispatchHealth specialises in delivering high-acuity, in-home medical care for patients with serious health concerns.
DispatchHealth partnered with US Acute Care Solutions (USACS) in November 2023 to improve patient outcomes and cut costs by expanding care access to support patients after their hospital stay with in-home care services.
