Hartford health insurer Aetna Inc. and East Hartford’s CareCentrix Inc. are teaming up to offer home health care services as a way to limit hospital readmissions among Aetna’s 1.2 million Florida  members.
Financial terms weren’t disclosed.
CareCentrix, a rapidly-growing provider of home health benefits management services, will work directly with Aetna’s providers in Florida to coordinate skilled nursing, physical, occupational and speech therapy, aide services and medical social work services in patients’ homes.
Aetna also signed up to access CareCentrix’s branded Successful Transition And Recovery in the home program, or HomeSTAR, that offers specialized nursing support, over-the-phone coaching and telemonitoring to help patients safely transition from the hospital to their home.
In May, CareCentrix has signed two a pair of deals with BlueCross BlueShield to be the exclusive manager of medical equipment, supplies, orthotics and prosthetics, and home health benefits to the plan’s members in Florida and Tennessee.
The deals will allow CareCentrix to serve about 32,000 of BlueCross’s Medicare Advantage members in Tennessee.
Meanwhile, the company’s Florida deal will allow CareCentrix  to be the exclusive provider of home health services for nearly 4 million members.
Since partnering with Water Street Healthcare Partners, a strategic private equity firm focused exclusively on health care, CareCentrix has secured contracts with health plans that have increased its contracted revenue from $300 million in 2008 to approximately $750 million in 2011.
