Humana inks pact for acquisition of One Homecare

Leading health and well-being company Humana has signed a definitive agreement to acquire One Homecare Solutions (“onehome”) from WayPoint Capital Partners (WayPoint), the private equity affiliate of a New York-based family investment office. The acquisition will further advance Humana’s strategy to build a value-based home health offering.

1. Provider of home-based services: OneHome is a provider of a variety of home-based services, as well as a convener of home health services stakeholders and a care and risk manager. OneHome has pioneered a valued-based model in Florida and Texas, and has served Humana members since 2015. “At Humana, we are implementing a strategy to build a new Value-Based Home Health model that will improve patient outcomes, increase satisfaction for patients and providers, and provide greater value for health plan partners,” said Susan Diamond, Segment President for Humana’s Home Business and Humana’s Interim Chief Financial Officer.
2. Accountability: OneHome’s model creates one integrated point of accountability that coordinates the needs of patients, physicians, hospitals and health plans for home-based patient care. OneHome currently manages a range of post-acute needs including infusion care, nursing, occupational therapy, physical therapy, and durable medical equipment (DME) services in patients’ homes, as well as appropriate site of care placement through its skilled nursing facility (SNF) at home programs.
3. Integrated healthcare: “The acquisition of OneHome is a key component of that strategy. It complements our recent announcement to fully acquire and integrate Kindred at Home, and brings together additional capabilities that will allow Humana to deliver value-based home health at a national scale. By combining one home’s value-based approach to Kindred’s home health services and Humana’s analytical capabilities and clinical expertise, we believe we can create a transformational value-based offering to serve more people, including non-Humana plan members, nationwide,” said Susan.
4. Risk-based platform: OneHome has significant experience with risk-based contracting, and has fully-capitated models in place in Florida and Texas that will provide valuable insights for the expansion of similar contracting in other states. The acquisition of OneHome aligns with Humana’s recent announcement to fully acquire and integrate Kindred at Home, and provides a number of key capabilities that will enable Humana to more effectively deliver value-based home health at a national scale.
5. Longstanding collaboration: “We are proud of the longstanding partnership between OneHome and Humana, and their shared vision to offer value-based care in the home,” said Philip Edmunds, Partner at WayPoint Capital Partners. “Through significant investment in clinical innovation and a fully integrated delivery system for post-acute patient needs, OneHome enables better outcomes for patients recovering at home alongside greater levels of coordination and insight for health plan partners.”