Merger of Home-Based Healthcare Pioneers: DispatchHealth and Medically Home
Hospital-at-Home startups Medically Home and DispatchHealth to combine operations.
Get ready for a radical shift in healthcare as DispatchHealth and Medically Home, two trailblazers in bringing hospital-level care to patients' homes, are merging! This exciting news was announced yesterday. Although financial details remain under wraps, the deal is expected to close mid-year 2025, with Medically Home becoming part of DispatchHealth.
Founded in 2016, Medically Home has been a game-changer, delivering hospital-level care at home to over 54,000 patients across 20 healthcare systems since 2017. Notable investing partners include the Mayo Clinic, Kaiser Permanente, and the Cleveland Clinic. Last year, Medically Home reported a staggering 60% growth in in-patient admissions and fulfilled more than 205,000 physician orders for patients in a Medically Home-enabled hospital at home program.
On the other hand, DispatchHealth, established in 2013, has treated over 1.2 million people in more than 20 states, resulting in a 58% emergency room avoidance rate, an 8.5% 30-day hospital readmission rate, and a 98% patient satisfaction rating. The merger promises to bring these impressive figures together, serving a broader spectrum of patients and driving healthcare innovation.
Dr. Mark Prather, DispatchHealth's co-founder and executive chair of the board, stated, "We're combining decades of expertise to create a seamless, scalable model for hospital-level care at home—bringing the right care to the right place at the right time for more people." Medically Home's CEO, Graham Barnes, shared, "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."
The combined entity aims to extend care into the homes of patients across 50 major metropolitan areas in partnership with nearly 40 health systems, most major health plans, and value-based care entities. This merger signifies a significant step forward in making high-acuity care at home the new standard, benefiting both patients and taxpayers alike.
[1] https://www.dispatchhealth.com/[2] https://www.medicallyhome.com/[3] https://fortune.com/2023/03/14/dispatchhealth-medically-home-merger-home-based-care-acuity/[4] https://www.fiercehealthcare.com/ tech/new-telehealth-company-is-born-from-medically-home-s-deal-to-acquire-infuse-nurse-tech-firm
- In 2025, DispatchHealth and Medically Home, pioneers known for providing hospital-care-at-home, will merge, culminating in a powerful collaboration that could alter the landscape of healthcare.
- The merger of DispatchHealth and Medically Home will bring together the impressive figures of both companies, serving a wider range of patients and driving healthcare innovation.
- As the merger unfolds in 2025, the combined entity aims to extend hospital-level care to patients across 50 major metropolitan areas, making high-acuity care at home the new standard, particularly for patients with conditions such as Alzheimer's.
