CVS Health moves closer to home care with $8B Signify deal

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The health care giant is buying Signify Health, a technology company that sends doctors or other care providers to patient homes to assess how they are doing and what help they might need.

late Monday, is a way for CVS Health to provide more help to patients where and when they want it, CEO Karen Lynch told analysts Tuesday morning.

Like competitors Walgreens and UnitedHealth Group, CVS Health also has been delving more into providing care and managing the health of its customers, especially those with chronic or expensive medical conditions.Insurers and employers are pushing more for this approach to help patients stay healthy, on their medications and out of expensive hospitals.

That can include examining into whether the patient is eating well and can afford prescriptions. They also will look for any safety problems like tripping hazards in the home. “People just don’t want to go to the hospital or go to a large physician office,” he said, noting that he expects home care to continue growing.

Source: Healthcare Press (healthcarepress.net)

 

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