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Travis Messina

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Bundled payments for home hospitalization

Modern Healthcare notes that “{l}arge hospitals and systems are starting to see home hospitalization as a way to reduce inpatient admissions for a wider array of patients” with the difficult goal of cutting costs and improving care.

So the publications looks at Nashville-based Contessa Health,  co-founded in 2015 by former venture capitalist Travis Messina and providing acute-care (including surgical) services to patients in their homes at a bundled rate.

The company recently landed its first partnership, with Marshfield (Wis.) Clinic Health System, which runs 50 clinics in the state along with insurance plans.

“Members of Marshfield’s Security Health Plan, which offers Medicare Advantage as well as other commercial plans, can receive hospital-level care for six acute conditions: congestive heart failure; chronic obstructive pulmonary disease; deep vein thrombosis or pulmonary embolism; urinary tract infection; cellulitis; and pneumonia. For a prospective bundled payment, Contessa caregivers administer intravenous drugs and provide lab testing and other medical services during a 30-day period. The bundled price is still being set.”

To read the whole article, please hit this link.

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