Breaking: Evolent Health News Reveals Major Expansion Plans for 2021
Evolent Health, a digital health company, has recently announced its major expansion plans for 2021. The company is planning to acquire the assets of Vital Decisions, a clinical decision-making company focused on helping people with advanced illnesses. Along with the acquisition of Vital Decisions, Evolent Health is also planning to expand its capabilities in behavioral health, home-based care, and post-acute care services.
What is Evolent Health?
Before we delve deeper into the expansion plans of Evolent Health, let’s first get acquainted with the company.
Evolent Health is a technology-driven healthcare company that aims to improve the health of the population by partnering with leading providers and health systems. The company believes in transforming healthcare delivery through the use of data, analytics, and technology.
The Acquisition of Vital Decisions
Vital Decisions is a clinical decision-making company that specializes in advanced illness care. The company’s mission is to help people with serious illnesses make the best possible care decisions through personalized decision support. They have been providing telephonic support to seriously ill patients for over 15 years.
With the acquisition of Vital Decisions, Evolent Health aims to expand its capabilities in advanced illness and end-of-life care. The acquisition will also provide Evolent with a new service line that isn’t currently provided by its peers.
Expanding Capabilities in Behavioral Health
In addition to the acquisition of Vital Decisions, Evolent Health is also planning to expand its capabilities in behavioral health. The company believes that there is a significant gap in mental health services, and they aim to address this gap by expanding their behavioral health capabilities.
Moreover, the company plans to leverage its data and analytics capabilities to help health systems identify patients who are at risk of developing mental health issues, allowing for earlier interventions and better outcomes.
Home-Based and Post-Acute Care Services
Evolent Health’s expansion plans also include enhancing their home-based care and post-acute care services. These services have become increasingly important due to the COVID-19 pandemic, which has led to a surge in demand for home-based care and post-acute care services.
The company plans to use its data and analytics capabilities to identify patients who would benefit from these services and to determine the most effective care delivery models for these patients.
Conclusion
Evolent Health’s major expansion plans for 2021 aim to improve the health of the population by enhancing their capabilities in various aspects of healthcare delivery. The acquisition of Vital Decisions will allow the company to provide advanced illness and end-of-life care, while expanding their behavioral health services and home-based and post-acute care services will address the significant gaps in these areas. Evolent Health’s use of data, analytics, and technology sets them apart in the healthcare industry, and these expansion plans are a step towards transforming healthcare delivery.
(Note: Do you have knowledge or insights to share? Unlock new opportunities and expand your reach by joining our authors team. Click Registration to join us and share your expertise with our readers.)
Speech tips:
Please note that any statements involving politics will not be approved.