Pathway Health Services and The Corridor Group, Inc. have agreed to jointly provide consulting, executive search, interim management, education services and resources to acute and post-acute providers of care to effectively compete in the accountable care and post-acute care delivery initiatives, part of healthcare reform, the organizations announced today.
The two companies serve over 20,000 post-acute providers of skilled nursing, assisted living, home care and hospice through its more than 350 consultants located nationwide. Under their new strategic partnership, Pathway and The Corridor Group will remain independent of each other, yet will “work together to strengthen their breadth and depth of services and products offered,” the press release stated.
In addition, Pathway and The Corridor Group will offer industry-specific training in a classroom or virtual environment.
“Pathway Health Services shares our vision of delivering innovative services and products to providers throughout the care continuum,” said Kathleen J. Dodd, founder and CEO of The Corridor Group.
She noted that providers of skilled nursing, assisted living, home care and hospice services now face growing regulatory, reimbursement and care delivery challenges due to the impact of health care reform
According to seniorhousingnews.com, the Centers for Medicare & Medicaid Services (CMS) announced on Monday that 89 new ACOs had begun serving 1.2 million Medicare beneficiaries across 40 states and Washington, D.C., bringing the total number of organizations participating in the initiative to 154.
“While senior care communities may not officially belong to an ACO, they can still position themselves to be post-acute care partners and can function as a solution to prevent hospital readmissions, many senior living executives have noted,” the website reported.
“It’s going to become important as part of healthcare reform where hospital systems are looking to partner up to a greater extent with post-acute services like skilled nursing, assisted living, home care, rehab– the environment is changing to outcome-based in terms of reimbursement,” Emeritus president and CEO Granger Cobb told seniorhousingnews.com in February. “They want to make sure their patients, when they’re discharged, stay healthy and aren’t readmitted for the same diagnoses a couple weeks later. Having the ability to provide all of those different service offerings, and provide options for the seniors in terms of which setting is most appropriate and which they prefer in terms of meeting their needs—that’s important.”
Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO West 2012, taking place Oct. 2-5, in Austin, TX. ITEXPO offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. For more information on registering for ITEXPO click here.
Stay in touch with everything happening at ITEXPO. Follow us on Twitter.
Edited by
Amanda Ciccatelli
