In the quest for higher margins and better care outcomes, some senior living operators are taking a greater role in organizing and providing pharmacy services. While establishing a standalone business or entering into a new JV partnership to provide pharmacy services is operationally intensive, doing so can unlock a new revenue stream, not to mention […]
Lifespark
This story is part of your SHN+ subscription The senior living industry must be bolder in moving beyond current models to meet the needs of the next generation of older adults. Earlier this week, I caught up with Serenbe CEO Steve Nygren, whose company is behind a sprawling development in Georgia that plans to expand […]
This article is part of your SHN+ subscription. It seems like value-based care is everywhere in senior living – but managing the risk and reaping the rewards is not as easy as it looks. In 2024, value-based care has become “somewhat of an amorphous term,” according to Kim Elliott, senior vice president and chief nursing […]
Wellness is a big area of interest in senior living dining programs given the wants and needs of the incoming baby boomer generation. But wellness goes beyond just meeting dietary needs. Senior living operators including Lifespark and Garden Spot Communities are going beyond low-sodium and low-fat meals and are embracing food that is both toothsome […]
Memory care operators are gearing up for deeper participation in the new Guiding an Improved Dementia Experience (GUIDE) program from the Centers for Medicare and Medicaid Services (CMS), which officially launched this week. More than 400 healthcare organizations are participating in dementia care programs, from senior living operators to health systems and beyond. Organizations including […]
Lifespark has bolstered its services in a move aimed at cutting down on unnecessary urgent care and hospital visits and meeting demand for more value-based care arrangements. St. Louis Park, Minnesota-based Lifespark has added in-home urgent response services to its Lifespark Complete program that it has built over the past 20 years, according to Founder […]
This members-only, exclusive article is part of your SHN+ subscription If the speed at which senior living operators were adopting value-based care models accelerated last year, in 2024 the effort has kicked into an even higher gear. Within the last two months, senior living providers including 12 Oaks, Benchmark Senior Living, and Epoch Senior Living […]
This article is available as part of your SHN+ membership Silos in care are not breaking down fast enough across the continuum. This was nearly the unanimous sentiment among the attendees at our CONTINUUM conference last week. When we polled the audience, 85% of respondents said that silos are not breaking down quickly enough, and […]
By Jesse Floyd Memory care providers are shifting to a managed care model, seeking to forestall expensive medical crises in favor of working to keep residents as healthy as possible for longer. Residents living with dementia go to the emergency room more than 1.4 million times per year, but such visits are potentially confusing or […]
In 2023, value-based care reached a “tipping point,” with big senior living players including Brookdale Senior Living (NYSE: BKD) embracing the trend. Looking ahead to 2024, the industry is preparing to move the needle even further and integrate value-based care into their operations as a way to increase the quality of care and more appropriately […]