VCU Well being System and Bayada Dwelling Well being Care have unveiled a three way partnership to offer residence well being and hospice in Richmond, Va., and surrounding communities. Set to start accepting sufferers inside six-to-nine months, the brand new firm is branded as VCU Well being at Dwelling by Bayada.
The brand new enterprise represents BAYADA’s first entry into the Richmond hospice and residential well being market. The corporate already presents private care providers in that area. Bayada’s footprint extends throughout 22 states, together with 347 places.
“We’re thrilled to accomplice with a mission-aligned well being care chief like VCU Well being as we each drive towards a future the place the house is on the middle of well being care,” stated David Baiada, CEO of Bayada Dwelling Well being Care. “We will enhance entry to take care of a considerably rising variety of seniors who need and should age in place with consolation and dignity. Along with VCU Well being, we are going to proceed to rework the affected person expertise by way of compassion, excellence and reliability.”
VCU Well being operates a tutorial medical middle, a Stage I trauma middle and a Nationwide Most cancers Institute-designated most cancers middle. By way of this three way partnership the group seeks to capitalize on the shifting of extra well being care into the house setting, notably throughout COVID-19.
Bringing care to the house is a pattern that started in earnest lengthy earlier than the pandemic, however the tempo has accelerated — a boon for each sufferers and suppliers. A facet impact of public nervousness about coming into hospitals and facility-based care settings is that extra care is transferring in direction of the house.
The vary of well being care providers accessible within the house is increasing, together with new choices equivalent to hospital-at-home and expert nursing-at-home packages, rising entry to palliative care and rising availability of home-based major care.
Hospice utilization can be going up. Utilization amongst Medicare decedents reached a document 51.6% throughout 2019, in response to the Medicare Cost Advisory Fee (MEDPAC). That is up from 50.3% in 2018.
“Our mission is to offer the best high quality care to all Virginians. This mission extends past our hospital partitions into the communities and houses of the folks we serve,” stated Artwork Kellermann, M.D., senior vp for well being sciences at VCU and CEO of VCU Well being System. “VCU Well being at Dwelling by BAYADA provides our sufferers and their family members peace of thoughts that they’ll obtain the most effective of what educational well being care has to supply in post-acute and palliative care of their acquainted setting.”
Bayada has pursued related preparations elsewhere. Earlier this yr, the corporate launched a three way partnership with the Baptist Well being hospital system in Florida, generally known as Baptist Dwelling Well being Care by Bayada.
In July 2020, Bayada Dwelling Well being Care introduced it could set up a three way partnership with Common Well being Providers Inc. (NYSE: UHS), one of many nation’s largest hospital techniques and well being care suppliers.
The VCU relationship will adhere to an identical mannequin.
“Our relationship with Bayada is constructed round high quality of care, the affected person expertise, and enhancing entry for our most susceptible populations,” stated Ryan Raisig, affiliate vp for coordinated care and continuum integration at VCU Well being. “Having our own residence well being and hospice care program is an extremely essential service for our sufferers and their family members.”