U.S. POST-ACUTE CARE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In May 2023, Inova, a leading nonprofit healthcare provider, and Select Medical opened a new Select Specialty Hospital at Inova Mount Vernon Hospital in Northern Virginia. It provides specialized care for critically ill patients who required extended treatment beyond acute care but no longer needed intensive care. The hospital had held a ribbon-cutting ceremony on May 16 and began admitting patients on May 23.
• In February 2024, tango and WellSky, a healthcare technology and services firms, partnered to deliver a fully integrated, post-acute care (PAC) episode management program for health plans. This partnership is focused on facilitating high-quality, end-to-end management of post-acute care, aiming to align incentives for health plans, risk-bearing entities, providers, and patients across the continuum. tango and WellSky aims to enhance provider experience, improve care quality, boost patient satisfaction, and ensure guaranteed cost savings.