All-Med rounds out offerings
MIAMI LAKES, Fla. - All-Med Services of Florida didn't look far when it acquired Visiting Nurse Managed Care Corp. (VNMCC) and Southeast Homecare Corp. (SHC) Dec. 31.
The provider has long subcontracted nursing services through VNMCC/SHC. Both companies were under the same ownership.
"We really just brought it all in-house and solidified the relationship that's been in existence for over 15 years," said Jose Linares, All-Med's vice president. "Now, when a payer contracts with All-Med, they are contracting directly with us for all HME, infusion and home health services."
The 23-year-old All-Med has built its business using a capitated model--contracting with managed care payers to provide services on a flat per-patient fee. Bringing in the nursing piece cements the provider's integrated model.
That's good for everyone, said Linares.
"Everything is coordinated without the administrative nightmare you have when you have three different providers trying to give three different services," he said.
Streamlined billing and administrative processes and greater economies of scale—All-Med now services more than 1 million patients—creates a money-saving model that Linares expects to see more of as lawmakers push for healthcare reform.
For now, VNMCC and SHC will retain their own names. All-Med was able to bring all the employees—including the former owners—onboard at All-Med.