September 20, 2017

CareCentrix teams with digital health firm to enhance in-home care

Hartford-based CareCentrix, which oversees networks of homecare service and equipment providers on behalf of insurers, has teamed with a Cambridge, Mass.-based digital health firm to develop virtual care tools that connect providers, patients and payers through mobile technology for in-home, post-acute care.

The alliance with Medullan is one of several that CareCentrix is unveiling to create the new system for post-acute care management.

Medullan's digital care platform, VARA, will be paired CareCentrix's HomeBridge technology to create a digital platform for patients and post-acute providers aimed at improving in-home healing, and reducing hospital readmissions and healthcare costs.

Financial terms of the arrangement were not disclosed.

CareCentrix builds and manages a network of approximately 8,000 homecare providers and vendors of durable medical equipment (a $48.5 billion industry), such as wheelchairs, insulin pumps and crutches. It negotiates contracts with providers, pays their claims, and handles customer-service inquiries. The company reported a record $1.4 billion in revenues last year. Its business proposition is that a patient's home can be both a cheaper and more preferable setting to deliver certain healthcare services, including drug-infusion therapy and sleep studies, two CareCentrix niches.

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