HumanGood has joined the Perennial Consortium, expanding the value-based care initiative to now include the No. 6 largest senior living nonprofit in the U.S. The Duarte, California-based senior living organization joined the group in late August with the purchase of shares previously owned by Christian Living Communities (CLC), which will remain an active participant in […]
The Perennial Consortium
Senior living and care providers in the future must consider building a greater appetite for assuming risk when it comes to joining value-based care initiatives in order to spur growth, according to Ohio Living CEO Larry Gumina. Ohio Living has been a long-time proponent of the value-based care effort, having worked as one of the […]
The last week brought major health care business news — including the creation of a new home health giant valued at nearly $10 billion — that bears careful consideration by senior living providers. The new at-home care organization is being created through the merger of Option Care Health (Nasdaq: OPCH), a major provider of home […]
Senior living providers are more focused than ever on providing high-quality health care — and finding ways to be compensated for doing so. This is driving investment in clinical capabilities and pushing the industry to a tipping point on value-based care. These are among my takeaways from the recent American Seniors Housing Association (ASHA) meeting […]
Lifespark recently announced the hire of Matt Nyquist, a former leader with UnitedHealth Group’s Optum arm, as chief population health officer. Nyquist will help lead Lifespark’s expansion to states beyond its home base of Minnesota later this year. Lifespark’s growth will mark another milestone in senior living’s evolution toward being more integrated within population health […]
Senior living operators have been enacting changes in operations since the Covid-19 pandemic began, but some adaptations have been fleeting while others have proven longer-lasting. Recent conversations with several executives — including with large providers such as Brookdale, Frontier and Senior Lifestyle — highlight that operators now have committed to new practices across essentially every […]
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 […]
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 […]
Lifesprk — a company that specializes in providing value-based care largely through home- and community-based services — is acquiring Tealwood Senior Living. The transaction could prove to be a milestone for how senior living providers are integrated into population health efforts, with Green House and Eden Alternative visionary Dr. Bill Thomas leading the efforts to […]
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 […]