Living in communal senior housing is associated with greater longevity versus residing in the community at large – but there is notable variation between top-performing senior housing communities and those on the bottom. These are among the newly released findings from research conducted by NORC at the University of Chicago and funded by the National […]
Category: Home Healthcare
Goodwin Living’s future lies in expanding health service offerings as the senior living provider keeps its focus on staffing and other operational efforts. The Alexandria, Virginia-based organization is a faith-based nonprofit that operates three communities in the northern Virginia area serving approximately 1,100 residents with a full continuum of care. Goodwin Living also manages a […]
I recently wrote about the senior living implications of Option Care’s planned acquisition of home health giant Amedisys (Nasdaq: AMED). The situation became even more interesting last week, with UnitedHealth Group’s Optum arm making an all-cash play for Amedisys.This news makes it more evident than ever that senior living providers must have business strategies that […]
The last week brought major health care business news — including the creation of a new home health giant valued at nearly $10 billion — that bears careful consideration by senior living providers. The new at-home care organization is being created through the merger of Option Care Health (Nasdaq: OPCH), a major provider of home […]
Lifespark is acquiring in-home health company Livio Health in a move that will both link it to insurer Blue Cross and Blue Shield of Minnesota and further its value-based care strategy. With the deal, St. Louis Park, Minnesota-based Lifespark is gaining Livio as a new home health company as well as 1,500 patients and a […]
Former Aegis Living President Kris Engskov is launching a new home-based behavioral health company called Rippl. Engskov, who previously worked as president of senior living operator Aegis Living, is leading the new Seattle-based company as CEO. With the announcement of the launch, the company also announced it had raised $32 million in seed-round funding, with […]
Less than one month after its nearly $4 billion One Medical acquisition, Amazon (Nasdaq: AMZN) is reportedly in contention to make another big deal. The online retail and tech giant is among the bidders of in-home health care company Signify Health (NYSE: SGFY), according to The Wall Street Journal. Amazon joins a group of powerhouse […]
In September 2020, Five Star Senior Living CEO Katie Potter spoke at a virtual conference hosted by home care company Honor. At the time, Potter spoke of how the lines between senior living and home care are blurring, and of ambitions to transform Five Star from a senior living and rehab company into a diversified […]
Bickford Senior Living Executive Vice President Alan Fairbanks believes the writing is on the wall for private-pay assisted living. By that, he means he can see a day in the not-too-distant future when care coordination and value-based care upend normal business for many senior living operators. “We better begin to think differently as an industry […]
Within just three years, $265 billion worth of health care services for older adults could shift from facilities to the home, without reducing quality or access. That’s based on a survey of physicians conducted by McKinsey & Co., with results shared in a report issued Feb 1. The report is a must-read for senior living […]
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