For nearly a decade, American seniors have steadily grown more comfortable with hospice. Nowhere has that growth manifested itself more than in assisted living. Yet for a variety of reasons — including the lingering taboo around hospice and the administrative burdens that come with Medicare — hospice remains largely an assisted living outsider, according to […]
Joanne Ford knows all too well the challenges hospice faces in senior living. “One of the barriers for people making referrals to hospice from assisted living facilities is (AL operators say), ‘We don’t want people to see hospice in our building — please don’t wear your name tag here,’” says Ford, vice president of the […]
Medicare Advantage (MA) is complex, and there are many risks for senior living providers involved in joining or starting a plan. But the risks are perhaps even greater for senior living providers who wait on the sidelines for others to figure it out, according to Juniper Communities Founder and CEO Lynne Katzmann. “If you wait […]
Ten senior housing and care providers in the Twin Cities area of Minnesota will be offering a new Medicare Advantage special needs plan to their residents next year. The plan is a collaboration between the 10 senior living companies, Minneapolis-based nonprofit health plan Medica and integrated care provider Genevive. The senior living providers together have […]
In a move that will further integrate senior housing within the Medicare Advantage landscape, real estate investment trust Welltower (NYSE: WELL) has formed a partnership with Anthem (NYSE: ANTM) affiliate CareMore. The partnership aligns with Welltower’s ongoing push to move senior housing and care into a more central role within the overall U.S. health care […]
Economic trends suggest that the senior living industry should prepare for pain. Low interest rates have become the new normal and could soon go even lower, and this will continue to hurt seniors’ ability to bankroll their retirements, former Federal Reserve Board Chair Janet Yellen said Thursday at the National Investment Center for Seniors Housing […]
Providing residents with a “concierge” — a primary point of contact to assist them with their medical needs and care — can result in numerous benefits both to older adults and senior living providers. The model can significantly improve residents’ overall health and quality of life, reduce health care costs and make care delivery more […]
Next week, about 125 people will start working out of the new home office of Cassia, the senior living organization formed through the merger of Elim Care and Augustana Care. Located in a renovated building in the Minneapolis suburb of Edina, Minnesota, the Cassia headquarters will be the corporate hub for a nonprofit provider serving […]
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 […]