Now is the time to think big about how senior living can serve a rapidly expanding middle-income market. “It’s a time to throw spaghetti against the wall,” Beth Burnham Mace, chief economist at the National Investment Center for Seniors Housing & Care (NIC), told Senior Housing News. Mace is a co-author of a newly released […]
Seniors are going to receive primary care. In 2019, the question is where. Primary care is critical for any person’s health. Yet across the nation, visits to those physicians are declining for Americans of all ages. Seniors specifically are faced with two unique barriers: travel, and the need for care overnight. Seniors also face a […]
Recently announced Medicare Advantage policy changes could open up new opportunities for senior living providers, further accelerating the transformation of the industry’s dominant private-pay revenue model. “Senior living providers are crazy if they don’t start thinking about housing/health care integrated products,” Anne Tumlinson, founder and CEO of Anne Tumlinson Innovations, told Senior Housing News, in […]
The health care industry’s shift in focus from acute care in a centralized setting to treating people in their homes is creating ripple effects across the senior living market. Senior housing owners and operators need to prepare for the shift or risk being left behind, National Investment Center for Seniors Housing & Care (NIC) founder […]
Picture an 83-year-old woman in Wisconsin who is increasingly prone to falls, researching assisted living communities. Unable to cut through a pool of options, she calls a referral service offered by her Medicare Advantage plan, where a consultant is able to narrow her choices based on select criteria she provides. This scenario is already coming […]
One the largest non-profit Medicare Advantage (MA) health insurance companies in the nation is open to working with senior living providers as new benefits are rolled out in 2019. Senior housing operators across the country are evaluating Medicare Advantage opportunities in light of a change announced last April. That’s when the Centers for Medicare & […]
As senior living providers assess how they can seize new opportunities in Medicare Advantage (MA), they should consider one of the nation’s largest insurance companies an interested potential partner. Indianapolis-based Anthem Inc. (NYSE: ANTM) is the largest for-profit managed health company under the Blue Cross and Blue Shield umbrella. It is also the most prominent […]
Some senior living providers need to both shift their mindset and implement new technology, or they will miss an emerging opportunity to partner with Medicare and Medicaid managed care plans and could be behind the eight-ball for years to come. In managed care, private-sector insurance companies receive federal and/or state funds to create benefits packages […]
The Medicare Advantage era is dawning in senior living. Due to policy changes implemented this year, these insurance plans appear poised to become a more important payer for senior living services. Under Medicare Advantage, federal dollars flow to private-sector insurance companies—including giants such as UnitedHealthcare (NYSE: UNH) and Humana (NYSE: HUM)—which offer benefits packages to […]
Medicare Advantage (MA) plans will be able to offer a new type of benefit starting next year, which could be a game-changer for senior living. It could create a new revenue stream for providers while also making them more important players in the U.S. health care system overall. Yet, there are still important questions to […]