What started as an effort to get COVID-19 shots into the arms of homebound seniors has resulted in a major investment by SCAN Group and medical logistics and services company MedArrive.
Nonprofit SCAN focuses on the senior healthcare and also offers Medicare Advantage plans. It made the strategic investment in MedArrive’s after it efficiently deployed emergency medical technicians into the home’s of SCAN Health’s Medicare Advantage plan members last winter to administer the vaccine. Binoy Bhansali, SCAN’s head of corporate development, told McKnight’s Home Care Daily the two firms are collaborating on other ways MedArrive can serve the needs of SCAN members in their homes.
“It’s really exploring what are the ways that we can leverage their staffing models, their logistics framework to solve really complex issues,” Bhansali said.
SCAN’s investment in MedArrive is the latest in its three-pronged approach to reduce member healthcare costs by providing care in the home. The company is making strategic investments, acquisitions and even creating companies.
Earlier this year, SCAN invested in kidney care management firm Monogram Health and late last month it announced it would launch its own geriatric in-home primary care practice Welcome Health.
“Our guiding light is how do we keep our seniors healthy and independent,” Bhansali explained. “It’s figuring out where there are gaps in experience and quality of care.”
For its part, MedArrive has been gaining significant momentum. The company has inked deals with other national health plans and government programs. Besides California, MedArrive also provides in-home care to patients in New Jersey and Florida.
This article originally appeared on McKnight's Senior Living
