Innovive Health, a home health provider that caters to individuals with serious mental illness (SMI), has announced its expansion into Colorado after acquiring an operating license from an already established business.
This marks the second state for the Medford, Massachusetts-based provider, which cares for about 20,000 patients per week in its home state. Innovive uses an in-home model to cater to patients with multiple medical comorbidities and complicating behavioral illnesses. The company aims to keep high-acuity and high-risk patients at home and out of the hospital.
Colorado’s focus on the behavioral health sector is part of the company’s reason for expanding into the state. Recently, Colorado dedicated $547 million to behavioral health projects, Nicholas D’Addabbo, vice president of strategy for Innovive Health, said in the announcement.
Read the full story by Laura Lovett: Serious Mental Illness-Focused Provider Innovive Health Expands into Second State – Behavioral Health Business (bhbusiness.com)