Dive Brief:
- MedArrive has acquired assets from defunct home care firm Inbound Health, the technology company said Wednesday.
- The newly purchased assets will add artificial intelligence-backed care navigation functionality to MedArrive’s home care logistics platform, so health systems can identify which patients are ready to transition home from acute care, according to a press release from the home care tech firm.
- The company also named a new CEO Wednesday, about five months after MedArrive’s co-founder and former CEO stepped down. New chief executive Ophir Lotan previously served as chief product officer at Alto Pharmacy and worked for nearly a decade at virtual care company TytoCare.
Dive Insight:
MedArrive launched in 2020 with a home care management platform and a network of emergency services workers who could assist patients in their homes.
Last year, the company transitioned away from directly providing care and launched a new logistics platform developed in partnership with Delaware-based health system ChristianaCare. The new offering includes tools for scheduling, routing providers and workforce management for home care.
Now, that platform is expanding with the Inbound asset acquisition. The patient navigation capabilities use clinical and operational data to find patients who may need support, determine which patients may be ready to move to home care and help figure out which program best suits their needs, according to a press release.
The deal also adds new customers that could speed MedArrive’s growth, the company said. The home care firm didn’t disclose a purchase price for the transaction.
The acquisition comes months after Inbound shut its doors. The company said regulatory uncertainty in the federal government’s Acute Hospital Care at Home Program was largely responsible for the firm closing down.
The program, launched by the CMS during the COVID-19 pandemic to help hospitals manage an influx of patients, faced turmoil last year after the initiative expired multiple times and lapsed entirely during the government shutdown in the fall.
The program recently received a reprieve. Last month, the hospital-at-home waiver was extended through Sept. 30, 2030, after President Donald Trump signed funding legislation that ended another partial government shutdown.
