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 […]
Category: Medicare & Medicaid
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 […]
By Amy Stulick The Biden administration on Monday unveiled a sweeping set of proposed nursing home reforms, taking particular aim at private equity ownership. While private-pay senior living providers have expressed some concern about the potential for greater federal regulation in the aftermath of the Covid-19 pandemic, the White House has focused its attention first […]
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 […]
Several recent stories on Senior Housing News have highlighted the changing way clinical services are delivered in senior living: — Senior living health care provider EmpowerMe Wellness secured $100 million — Five Star rebranded to AlerisLife (Nasdaq: ALR) and is pursuing a diversification strategy — Trilogy consolidated its ancillary services under the Synchrony brand Not […]
Having raised $44 million, Pine Park Health is poised to bring primary care into more senior living communities in 2022 and beyond. Founded in 2019, Pine Park is part of a new generation of providers reinventing how primary care is delivered to older adults. Like companies such as Oak Street Health and Cano Health, Pine […]
Senior living industry association Argentum is calling out the Biden Administration’s plan for determining Covid relief payments for assisted living communities. The association on Wednesday took aim at the methodology for Provider Relief Fund (PRF) Phase 4 payments from the Health Resources and Services Administration, which is an agency of the Department of Health and […]