HT Health Announces the Company Has Renamed to Vesta Healthcare

1/12/20

NEW YORK--(BUSINESS WIRE)--Hometeam Technologies, Inc. (d/b/a HT Health), a technology and clinical services organization dedicated to supporting caregivers and connecting their insights to the rest of the care team through the Hometeam Program, announced that the Company has officially changed its name to Vesta Healthcare. Vesta Healthcare provides intuitive technology for caregivers in the home and supports them through 24/7 telehealth capabilities.

Formed in late 2018, HT Health acquired certain technology assets, previously developed by CareGuardian, Inc. (d/b/a Hometeam) as the foundation of the HT Health Hometeam Program. CareGuardian provided personal home care services in the New York and New Jersey markets.

“We realized that what made Hometeam special was that engagement with home care aides results in meaningfully improved outcomes and quality of care for patients. This was a result of the technology and processes and was not dependent on the direct employment of the aides in the home. Similarly, we recognized that caregivers of all types were interested in the support we could provide. With this in mind, we determined the best way to elevate the role of caregivers was to leverage what had been built into an enterprise focused on engaging caregivers as part of the clinical care team,” said Randy Klein, Chief Executive Officer at Vesta Healthcare. “We remain rooted in our dedication to supporting caregivers and are excited about the opportunity to expand our impact by partnering with home care agencies, health plans, providers and other entities who share our vision of a technology-connected and clinically supported home for high-need care recipients. Renaming to Vesta Healthcare reflects our emphasis on health, connection and reliability, as well as our goal to develop and deploy unprecedented support for at-home caregivers by bringing together clinical expertise and advanced technology solutions.”

“We recognize the immense potential of what the team has built through innovative technology and a caregiver centered clinical focus. By directly supporting all types of caregivers, we can improve the lives of patients, truly extend care models into the home and elevate the experience of caregiving all while reducing the burden on the healthcare delivery system," said Bryan Sivak, Chair of Vesta Healthcare’s Board. “Given the expanded view of our role, it made sense to take the opportunity to change the name to Vesta Healthcare. The new name retains the Company’s commitment to the home and family while highlighting the team’s focus on growing through scalable, personalized technology and services.”

About Vesta Healthcare

Vesta Healthcare is an industry-leading technology and clinical services organization, dedicated to connecting caregiver insights to the rest of the care team. Vesta Healthcare proactively identifies the need for additional resources in the home and provides 24/7 telehealth support for caregivers and care recipients, with a focus on high-need, frail senior populations. Vesta partners with home care agencies, health plans and providers to create value-based population health programs that emphasize clinical quality, improved health outcomes and personalized engagement. Vesta Healthcare is headquartered in New York, NY. To learn more visit www.vestahealthcare.com and follow us on LinkedIn and Twitter.

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