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 […]
Category: Medicare & Medicaid
Curana Health is partnering with Serviam Care Network in a move aimed at bringing more value-based care services to senior living communities. Under the partnership, announced Monday, Serviam will add Curana’s health care platform to as many as 40 Virginia-based assisted living and memory care communities later this year, according to Serviam CEO, Tim Donnelly. […]
The rise of hospital-at-home and SNF-at-home models has been making headlines for the last month, with related opportunities and complications for senior living becoming clearer. Best Buy (NYSE: BBY) generated some of these headlines by announcing a partnership with Advocate Health. The partnership aims to expand Advocate’s hospital-at-home offering, which the Charlotte, North Carolina-based health […]
The big health care headline in the last week was CVS’ purchase of Oak Street Health for about $10.6 billion. Also last week, Humana announced a five-year agreement with ChenMed — a company similar to Oak Street — to provide “senior-focused concierge care” to Humana’s Medicare Advantage members. Senior living providers have observed the reinvention […]
Senior living providers are more focused than ever on providing high-quality health care — and finding ways to be compensated for doing so. This is driving investment in clinical capabilities and pushing the industry to a tipping point on value-based care. These are among my takeaways from the recent American Seniors Housing Association (ASHA) meeting […]
Senior living companies — and other providers serving older adults — must raise their games to succeed within a new health care paradigm, as payers and consumers demand a more integrated continuum. “We all have to compete, and we all have to play harder,” Dwight Brown, CEO of Homebase Medical, said last week at Aging […]
September has started with blockbuster health care news that carries major implications for the older adult market — and, by extension, the future of senior living. Giants of retail and insurance are behind the latest headlines: CVS Health — parent company of Aetna — is to acquire Signify Health in a transaction valued at about […]
Generations, LLC is bringing Blue Zones to one of their locations to explore the vision and opportunity* for a Blue Zones transformation in their senior living communities. The collaboration could help drive several industry trends, including a heightened focus on wellness as well as value-based payment models. The concept of “blue zones” rose to prominence […]
Lifespark recently announced the hire of Matt Nyquist, a former leader with UnitedHealth Group’s Optum arm, as chief population health officer. Nyquist will help lead Lifespark’s expansion to states beyond its home base of Minnesota later this year. Lifespark’s growth will mark another milestone in senior living’s evolution toward being more integrated within population health […]
Many factors are compelling senior living providers to organize their operations around promoting and extending residents’ wellness, with shifting payment models among the most important drivers of this trend. At the forefront of this shift are providers like Juniper Communities and Lifespark. The two firms are taking different approaches to arrive at the same goal: improving […]