Chelsea Senior Living is breaking the mold in assisted living by offering mental health services to residents in a dedicated area on its campus. The program also provides one example of a rising industry trend, as other senior living providers — such as Bloomfield, New Jersey-based Juniper Communities and Pathway to Living, which is headquartered […]
Some of the nation’s largest insurance companies might acquire senior living providers in the years ahead, in a quest to more effectively manage the health and wellness of their Medicare Advantage (MA) beneficiaries and keep costs in check. That was an idea floated Tuesday by Eclipse Senior Living CEO Kai Hsiao and former U.S. Health […]
Recently finalized Medicare Advantage (MA) policy changes will likely bring more telehealth services to senior living communities. Under the new policies, finalized on April 5 by the Centers for Medicare & Medicaid Services (CMS), Medicare Advantage plans will be allowed to cover telehealth services that originate from beneficiaries’ homes — such as an independent living […]
Affinity Living Group is gaining scale and sophistication. The Hickory, North Carolina-based senior living provider plans to open or break ground on 16 properties this year and is developing a Medicare Advantage plan, although it has not ruled out partnering with an existing plan. Affinity is slated to open six new assisted living communities this year […]
Some senior living providers that have succeeded on a private-pay model with robust margins are now starting their own Medicare Advantage insurance plans — diversifying into a complicated business with much thinner profits. There is no simple explanation for why organizations such as McLean, Virginia-based Sunrise Senior Living and Bloomfield, New Jersey-based Juniper Communities are […]
Chicago Pacific Founders (CPF) has begun acquiring Medicare Advantage companies, and leaders with the private investment fund are seeing synergies with the senior housing communities in their portfolio — with much greater integration likely in the future. “The plan is for it to grow exponentially,” CPF Founding Operating Partner John Rijos [pictured above] told Senior […]
Launching a Medicare Advantage (MA) insurance plan is a huge undertaking for a senior living provider. However, the work and risks involved could be worthwhile, considering recent changes to the MA program and trends shaping the senior living industry — and some organizations are taking the leap, starting their own plans and creating a template […]
There is likely significant financial upside for senior living providers who embrace care coordination and Medicare Advantage (MA) — and a potential big risk for those that don’t. That was the central argument posed in a panel discussion at the National Investment Center for Seniors Housing & Care (NIC) spring conference in San Diego. Under […]
Value-based care models that emphasize resident outcomes should have senior housing and skilled nursing providers seriously weighing the opportunities in joining forces. That was the main message from National Investment Center for Seniors Housing & Care (NIC) president and CEO Brian Jurutka on Wednesday as he opened his organization’s Spring Investment Forum in San Diego. […]
In a bold move that could give senior housing operators a template for increasing their revenue and power within the care continuum, four companies are teaming up for a big bet on Medicare Advantage. Operators Christian Living Communities (of Englewood, Colorado), Juniper Communities (Bloomfield, New Jersey) and Ohio Living (Columbus, Ohio), and managed services partner […]