Care Partners & Global Transitional Care Announce Merger/Expansion
Global Transitional Care announces its merger with Care Partners At Home and Personalized Senior Placement, to expand beyond its core service as a Medicare-certified transitional care provider.
IRVINE, Calif., Jan. 7, 2019 – After launching as one of the nation’s first Medicare-approved transitional care providers, the Southern California based group will now add a comprehensive continuum of senior care that will include post-hospital transitional care, in-home assistance, personalized case management, a referral network of concierge physicians, and senior living placement specialists.
The newly formed care group will operate under the unified brand of “Care Partners” – Transitional Medicine, Care Management, Home Care, and Senior Placement, now led by a seasoned team of proven healthcare professionals and the combined Companies are set to rebrand under an integrated healthcare delivery continuum focused on patients, families and the healthcare partners they serve.
“As the industry continues its shift toward value-based payments under the Affordable Care Act, hospitals and health payers have become increasingly focused on medical outcomes to help support their bottom line,” explains Co-Founder, Chairman and CEO Randy Platt. “With this new expansion, the goal is to enhance our existing partnerships by offering an integrated model of care that helps keep seniors healthy and at home.”
Historically, nearly 20% of all Medicare hospital discharges have had a re-admission within 30 days – leading to poor patient outcomes and driving up the cost of care. According to the Medicare Payment Advisory Commission (MedPAC), an estimated 12% of these re-admissions are potentially avoidable; and, by eliminating just 1-in-10 of these avoidable re-admissions, Medicare could see a potential savings of up to $1 billion.
Now, as Medicare penalties continue growing for hospitals with high readmission rates, strategic partnerships with organizations like Global Transitional Care have become a key part of population health strategies to reduce costly re-admissions and improve patient health outcomes.
“Our goal is to provide meaningful care that enhances quality of life for our clients and their families alike,” adds President and Chief Operating Officer Rodney Burris. “By offering transitional care after a hospital or skilled nursing admission, we’re able to help monitor and guide the recovery process along with the patient’s primary physician. And, with our integrated services, we can now go beyond transitional care – to offer a truly patient-centered experience that encompasses both current and future needs.”
The addition of Global Transitional Care has helped fulfill the original vision of Care Partners Co-Founders Randy Platt and Rodney Burris. As highly regarded healthcare leaders, Randy and Rodney have been looking to turn their personal stories of caregiving and love into a completely different approach. Their model of care focuses on compassion and love, yet is built to address the post-acute and transitional care environment. By incorporating a clinically integrated psychosocial and medical team with home care, life care management, and senior placement services; hospitals, patients and families will experience the effects of a quicker recovery and spiritual well-being , which in turn contributes directly to medical cost reduction.
“We applaud the innovative approach and integrated model of care Global Transitional Care has developed,” says Vimal Bhanvadia, Chief Executive Officer of Advantage Health Care Services. “As a comprehensive pharmacy provider and strategic community partner with GTC we look to support their efforts in both patient recovery and well-being. As value based purchasing gains ground, it will be partnerships like these, with innovative care models that will benefit hospitals, providers, and most importantly, patients.”
The combined organizations will serve Southern California, including Orange, Los Angeles, and San Diego, with a target to serve San Bernardino, Riverside and Ventura Counties in 2019. Each hospital and health system served is assigned its own Global Transitional Care physicians and practitioners, transitional care nurse, and supporting care teams.
Learn more at: www.carepartners.us or contact the team directly at (949) 556-3433
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