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August 13, 2018updated 20 Aug 2018 12:47pm

Post Acute Medical enters into joint venture with Be Healthy at Home

Post Acute Medical (PAM) has entered into a joint venture with Be Healthy at Home, a Texas-based home health care organisation, to improve the continuum of post-acute care services.

Post Acute Medical (PAM) has entered into a joint venture with Be Healthy at Home, a Texas-based home health care organisation, to improve the continuum of post-acute care services.

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This deal will enable post-acute care services to be available in the communities served by PAM’s acute medical rehabilitation and long-term acute care hospitals.

PAM president of clinical innovation and business intelligence Kristen Smith said: “Be Healthy at Home is a five-star home health agency that for many years has proven to be a tremendous resource for our hospital in Kyle, Texas.

“We look forward to bringing their specialized home care services to the communities served by our other hospitals in the region and beyond.”

Post Acute Medical, (PAM), based in Enola, Pennsylvania, offers post-acute healthcare services through 29 long-term acute care hospitals and medical rehabilitation hospitals and 15 outpatient physical therapy locations in nine states of US.

Be Healthy at Home president Brandis Wilmore noted that this joint venture will also stand to benefit providers and patients due to the integration of services and systems.

Wilmore further added: “We ensure that patients are getting the care they need in the appropriate setting.”

“Post Acute Medical has been a big asset for us because they are able to intercept patients, making it possible to avoid emergency visits to the ER. We also get many patients at skilled nursing facilities that aren’t 100 percent appropriate for home yet, so we send them to PAM hospitals to get the necessary rehabilitation and ensure they are able to meet their goals at home.”

 

 

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Free Report
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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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