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 […]
The fall open enrollment period for Medicare Advantage (MA) plans is now underway, and this year marks two milestones demonstrating the ongoing integration between MA and senior living. With the start of the enrollment period on Oct. 15, a group of senior living providers known as the Perennial Consortium began to enroll the first beneficiaries […]
Although the senior living industry is taking a cautious approach to embracing Medicare Advantage, Ohio Living CFO Bob Stillman believes that the program will lead to a seismic shift in care and payments. “I don’t think there will be straight reimbursed Medicare a decade from now,” he told Senior Housing News. Columbus-based Ohio Living operates […]
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 […]
Juniper Communities Founder and CEO Lynne Katzmann has combined a background in public policy with entrepreneurial acumen to become a senior living changemaker, creating an influential operating model and leading the industry in new directions. When she founded Juniper in 1988, Katzmann had a goal to shape public policy through her work at the company. […]
As the partnership between Atria Senior Living and real estate developer Related Cos. continues to take shape, Atria CEO John Moore remains committed to the multi-brand portfolio approach — and he says an expansion is on the way this year. Currently, Atria operates communities under three brands, and Moore believes the company will reach five […]
Some of the nation’s largest insurance companies might acquire senior living providers in the years ahead, in a quest to more effectively manage the health and wellness of their Medicare Advantage (MA) beneficiaries and keep costs in check. That was an idea floated Tuesday by Eclipse Senior Living CEO Kai Hsiao and former U.S. Health […]
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 […]
