McBee is proud to partner with BrightSpring Health Services
(œBrightSpring), a leading provider of complementary pharmacy and home
and community-based services, as a strategic advisor in the successful
acquisition of Advanced Home Care's (œAHC) home health and specialty
infusion businesses.
Upon the successful completion of the acquisition on March 1, 2020,
AHC's home health team joined BrightSpring's Adoration Home Health and
Hospice business and is now operating as Advanced Home Health. The
infusion and specialty pharmacy teams joined PharMerica's Amerita
division and is now operating under the name Advanced Home Infusion. œThis acquisition is a testament to just how responsive BrightSpring
is in meeting increasing needs for care delivery in the post-acute
space. Their integrated health services will provide immense benefits to
the communities they serve, said Mike Dordick, President of McBee. BrightSpring engaged McBee to prepare an analysis of the impact of
the Patient Driven Grouping Model (PDGM) for AHC. Based on the Centers
for Medicare & Medicaid Services (œCMS) update for CY2020, McBee
recasted AHC on historical Medicare revenues from 2017 and 2018 based on
traditional Medicare claims data to understand how reimbursement would
be impacted under the new model. œThe insight that McBee provided into the impacts that PDGM would
have on AHC allowed us to be proactive in determining how to position
them for success post-acquisition, said Chris Consalus, Senior Vice
President of Development, BrightSpring. œThe level of detail surrounding
admission source, clinical groupings, and competitive analysis was
extremely helpful in informing our team. In addition, McBee conducted reviews of home health clinical charts
and home infusions claims. These reviews provided
BrightSpring/PharMerica with an independent evaluation of the AHC's
compliance with Medicare home health requirements and home infusion
pharmacy billing based on the documentation contained in charts randomly
selected by McBee. œThrough their detailed analysis, McBee provided a holistic view of
AHC's compliance by evaluating requirements for billing, as well as
ensuring that we fully understood PDGM's future impact to the home
health business, said Consalus. œMcBee continues to prove their
steadfast dedication to our success. In 2019, McBee partnered on the merger of BrightSpring and
PharMerica, which made them a leading provider of home health,
community-based health and pharmacy services for high-need and medically
complex populations. McBee also provided strategic advisory services
when Home Health Care of East Tennessee integrated into Adoration Health
under BrightSpring's home health care division. About BrightSpring BrightSpring Health Services is the leading provider of complementary
pharmacy and home and community-based health services for complex
populations in need of specialized and/or chronic care. Through the
company's lines of business, including pharmacy, home health, hospice,
neurorehabilitation, behavioral health, family and youth, and workforce
development, we provide comprehensive and specialized care and clinical
services in 49 states to over 60,000 customers, clients and patients
daily. For more information, visit brightspringhealth.com. Follow us on Facebook, Twitter and LinkedIn. About McBee McBee is
a recognized leader in providing financial, clinical and operational
strategic advisory services that address the needs of more than 3,800
healthcare organizations. Since 1973, McBee has designed services to
address challenges and ensure the success of healthcare organizations by
delivering meaningful insights, tailored strategies and sustainable
results. Health systems, physician groups, home health, hospice,
long-term care, skilled nursing and other healthcare organizations
across the nation look to McBee to provide comprehensive services and
expert resolution of the challenges they encounter. Source - https://www.newswire.com/news/mcbee-acts-as-strategic-advisor-to-brightspring-pharmerica-for-21148246
| Company Name | Contact Person | Contact Number | Email Id | Website | Address |
|---|---|---|---|---|---|
| MCBEE ASSOCIATES | 6109649680 | info@mcbeeassociates.com | https://mcbeeassociates.com/ |
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