A bill introduced last month in the United States Senate would allow in-home care alternatives to skilled nursing facilities and poses substantial ramifications for private-pay senior living providers. Sponsored by Sens. Debbie Stabenow (D-Mich.) and Todd Young (R-Ind.), the Choose Home Care Act of 2021 would allow certain Medicare beneficiaries to receive extended Medicare services […]
Category: Medicare & Medicaid
Announced earlier this year, the acquisition of Tealwood Senior Living by Lifesprk was an industry milestone. Based in the Twin Cities metro area, Lifesprk specializes in providing value-based care largely through home- and community-based services. The company intends to bring more coordinated, integrated services to senior living residents by leveraging a mix of services and […]
About five years ago, American Health Partners offered a range of services across the continuum, from home health to nursing homes. But leaders with the organization realized that true integration was lacking. “We had the pieces of a continuum, but we didn’t manage the dollar and the clinical model of care — that was dictated […]
AllyAlign has a significant new investment and a new CEO — and now, the company is looking to expand its model of care for older adults. The Glen Allen, Virginia-based company, which helps senior living and care providers launch and run Medicare Advantage institutional special needs (I-SNP) plans, announced Thursday it received a $300 million […]
The Southeast U.S. and Washington, D.C. are hotbeds for senior housing development. But the regions lag behind most other areas of the country when it comes to providing affordable, quality health care for older adults. That is according to a new report from Medicare Guide, which studied a host of factors to rank the 50 […]
With their eyes on the huge cohort of lower- and middle-income baby boomers, senior living providers are looking to the Medicaid program as one potential avenue for growth. Large providers such as ALG Senior and Gardant have carved out niches in the Medicaid space, but recent Medicaid policy changes paint a decidedly mixed picture about […]
July 2018 Key Takeaways Medicare Advantage enrollment is rising rapidly, opening the market for new plans and new approaches. Coordinated care is becoming more valuable to payers, which are increasingly rewarding care settings for quality rather than quantity. Recent regulatory changes are beginning to allow for Medicare Advantage to cover personal care services and home-based […]
Therapy providers are facing a sharp cut to their Medicare reimbursements in 2021, which threatens access to care for older adults and potentially complicates senior living operations. And this comes at a time when residents’ needs are particularly pressing, and providers are under intense pressure related to the ongoing Covid-19 pandemic. The Medicare reductions will […]
An increasing number of senior living and care providers are launching Medicare Advantage (MA) plans, pursuing potential clinical and financial benefits despite new challenges posed by Covid-19. In 2020, 76 Medicare Advantage special needs plans (SNPs) were directly owned by senior housing and care providers, including skilled nursing and assisted living companies. For plan year […]
The fall open enrollment period for Medicare Advantage (MA) plans is now underway, and this year marks two milestones demonstrating the ongoing integration between MA and senior living. With the start of the enrollment period on Oct. 15, a group of senior living providers known as the Perennial Consortium began to enroll the first beneficiaries […]