Length of stay has long been a top focus for senior living operators — and never more so than today, as they seek to reverse trends caused by the Covid-19 pandemic. In the years leading up to the pandemic, average length of stay in assisted living was thought to be about 22 months, according to […]
In May 2020, we ran a story arguing that Covid-19 was building the case for senior living providers to become involved in Medicare Advantage (MA). Now, there are signs that this is coming to pass: AllyAlign Health has raised a $300 million investment round Senior living-focused American Health Plans (AHP) is growing Rick Matros, CEO […]
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 […]
Alexis Ohanian’s predictions about senior living disruption caught the attention of Senior Housing News’ readership last year. The Reddit co-founder’s interest in developing tech solutions for seniors was our top-read story of 2019, ending a two-year stranglehold on the top spot by Jimmy Buffett’s Latitude Margaritaville expansion. In fact, the intersection of innovation and senior […]
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 […]
Recently finalized Medicare Advantage (MA) policy changes will likely bring more telehealth services to senior living communities. Under the new policies, finalized on April 5 by the Centers for Medicare & Medicaid Services (CMS), Medicare Advantage plans will be allowed to cover telehealth services that originate from beneficiaries’ homes — such as an independent living […]
Some senior living providers that have succeeded on a private-pay model with robust margins are now starting their own Medicare Advantage insurance plans — diversifying into a complicated business with much thinner profits. There is no simple explanation for why organizations such as McLean, Virginia-based Sunrise Senior Living and Bloomfield, New Jersey-based Juniper Communities are […]
Launching a Medicare Advantage (MA) insurance plan is a huge undertaking for a senior living provider. However, the work and risks involved could be worthwhile, considering recent changes to the MA program and trends shaping the senior living industry — and some organizations are taking the leap, starting their own plans and creating a template […]
There is likely significant financial upside for senior living providers who embrace care coordination and Medicare Advantage (MA) — and a potential big risk for those that don’t. That was the central argument posed in a panel discussion at the National Investment Center for Seniors Housing & Care (NIC) spring conference in San Diego. Under […]
Managed care partnerships are gaining steam in senior living, and although many providers are well-positioned to forge those kind of relationships, not all of them know how, or where, to take the first step. Managed care is an umbrella term that can refer to a variety of arrangements among health care providers and/or payers. Generally, […]
