Jefferson, BAYADA Announce Plans to Form New Home Health Joint Venture
‘Jefferson Health at Home’ intends to reimagine the future of home health care
PHILADELPHIA — Jefferson Health and BAYADA Home Health Care, a leading not-for-profit home health care provider, today announced that they have entered into a definitive agreement for a joint venture that will catalyze post-acute care and digital health transformation for Jefferson patients in New Jersey and Pennsylvania.
Preliminarily referred to as ‘Jefferson Health at Home’, the joint venture intends to leverage the talented employees and innovative spirit of both organizations to reshape, reimagine and revolutionize the future of how healthcare services are delivered at home with specific emphasis on seamless transitions in care and easy access to in-home and virtual care to create the best patient experience in the industry.
“The pandemic heightened demand for hospital services delivered at home,” said Bruce A. Meyer, MD, MBA, President of Jefferson Health. “Jefferson extended infusion services and remote oxygen monitoring into the homes of thousands of our patients while seeing tens of thousands of patients through our telehealth service. Now, with BAYADA and Jefferson aligned, we’re able to leverage their best post-acute-care practices across an expanded geographic footprint while lowering the total cost of care without compromising access or quality.”
‘Jefferson Health at Home’ will combine both organizations’ management, expertise, operating platforms, clinical excellence, and reach to enhance the collective impact on the continuum of care offered to Jefferson patients across Bucks, Montgomery and Philadelphia counties in Pennsylvania and in Camden, Burlington and Gloucester counties in New Jersey.
“This partnership is a revolutionary step toward a future with home at the center of health care,” said David Baiada, CEO of BAYADA Home Health Care. “BAYADA’s management, operational and clinical expertise, paired with Jefferson Health’s clinical vision and commitment to innovation, will continue to transform healthcare in the Philadelphia region, and we will use this platform to launch bold and innovative digital health care experiences at home—where people want to be most.”
The partnership will have joint leadership and governance from both Jefferson and BAYADA. Jefferson’s contributions to the joint venture include its home health and hospice services at Jefferson Health New Jersey and Abington Jefferson Health, while BAYADA will draw on its scale and management systems to oversee the joint venture operations.
“This is the latest bold move by Jefferson as we construct the future of healthcare,” added Stephanie Conners, MBA, BSN, RN, NEA-BC, Chief Operating Officer of Jefferson Health. “This gives Jefferson and BAYADA the ability to enhance care offered to Jefferson patients in their home at a time when treating more than the disease is paramount. It’s a great opportunity for our employees to contribute their skills and talent to something that will have a lasting impact on how we deploy and deliver the care of the future.”
The agreement, which is expected to be finalized in Spring 2022, also includes an academic affiliation which will create new training opportunities for Jefferson students, particularly those at the Jefferson College of Nursing.
About BAYADA Home Health Care
BAYADA Home Health Care was founded by J. Mark Baiada in 1975 and provides nursing, rehabilitative, therapeutic, hospice and assistive care services to children, adults and seniors in the comfort of their homes. Headquartered in the Greater Philadelphia suburbs based in New Jersey, BAYADA employs more than 26,000 nurses, home health aides, therapists, medical social workers and other home health care professionals who serve their communities in 22 states from 347 locations, with locations in Canada, Germany, India, Ireland, New Zealand, South Korea and the United Kingdom.
In 2018, Baiada oversaw the company’s unprecedented transition to a not-for-profit organization to ensure BAYADA’s mission, purpose and business model would endure, and to help BAYADA realize its vision of helping millions of people worldwide experience a better quality of life at home; in early May 2019, the organization served its one millionth client. To learn more about BAYADA’s solutions for hospitals and health systems, visit https://www.BAYADA.com/partnerships.