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 […]
Category: Medicare & Medicaid
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 […]
More senior living providers in Minnesota are partnering with nonprofit health plan provider UCare to make Medicare Advantage plans available to residents. UCare plans have already been available to residents of more than 160 communities operated by more than 20 providers in the Gopher State. New UCare partners for 2022 are Bluestone Physician Services, CareChoice […]
In the teeth of the Covid-19 pandemic last year, ALG Senior made some big shifts, going to a more decentralized operating model while at the same time changing the company name. But in the midst of these changes and others wrought by the pandemic, the Hickory, North Carolina-based provider remained committed to clinical innovation, according […]
Medicare Advantage (MA) will turn 25 years old in 2022, and the insurance program is not only getting older but more popular among older adults — with senior living providers playing an increasingly prominent role in driving MA growth and innovation. Recent headlines showcase the continuing integration between senior living and Medicare Advantage. Last week, […]
Senior living providers have been on the leading edge of implementing Covid-19 vaccine mandates for employees — and soon, they must be joined by every large company in the United States. President Biden on Thursday announced plans to order companies with 100 or more employees to mandate coronavirus vaccinations for workers or test them for […]
“Our business is forever changed.” Those are the words of John Rijos, whose perspective is informed by decades of leadership in the senior living industry. Having been co-president of Brookdale Senior Living prior to its merger with Emeritus Corp., Rijos went on to co-found investment firm Chicago Pacific Founders (CPF). He also is chairman and […]