Value-Based Care Effort Perennial Consortium Expands With Addition of Senior Living Operator HumanGood

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 […]

Why Value-Based Care Has Reached a Tipping Point in Senior Living

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 […]

How a Former UnitedHealth/Optum Leader Aims to Transform Senior Care with Lifespark

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 […]

A New Senior Living Operating Model Comes Into View After 2 Years of Disruption

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 […]

$300M Investment Signals Faster Growth of Medicare Advantage in Senior Living

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 […]

Value-Based Care Innovator Lifesprk to Acquire Tealwood Senior Living; Bill Thomas to Lead Creation of Operational Model

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 […]

28% Growth in Medicare Advantage Plans Led By Senior Housing and Care Providers

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 […]