Category: News

Lifespark, a St. Louis Park-based senior care company, has raised a $20 million Series B round of funding, according to an announcement Wednesday.  The investment was led by California-based Virgo Investment Group and Minneapolis-based UCare, the largest Medicare Advantage provider in Minnesota. Read on for the full story in MinneInno.…

With enrollment up and more plans launching each year, Medicare Advantage (MA) organizations have had to figure out how to differentiate themselves in an increasingly competitive field. For many, MA differentiation has meant embracing in-home care and actually acquiring, or investing in, provider partners. The latest example of this trend took place Tuesday, with Minneapolis, […]

In a fun conversation with the Medical Alley team, Joel Theisen shares Lifesprk’s elevator pitch – who is Lifesprk? The conversation then turned to what led Joel to start the company, how his role and his team’s changed during the pandemic, and what big milestones are next for Lifesprk as the company prepares for big […]

Nick Williams, reporter for the Star Tribune, gets candid with Lifespark CEO, Joel Theisen, about the company’s recent investment and partnership with UCare, Minnesota’s largest Medicare Advantage provider. Senior care company Lifespark is planning to use $20 million from a recent Series B round of funding to build upon its tech platform designed to help […]

Announced earlier this year, the acquisition of Tealwood Senior Living by Lifesprk was an industry milestone. Based in the Twin Cities metro area, Lifesprk specializes in providing value-based care largely through home- and community-based services. The company intends to bring more coordinated, integrated services to senior living residents by leveraging a mix of services and new payment models. […]

In a recent interview with Steve Moran of Foresight TV, Lifespark’s Joel Theisen and Dr. Bill Thomas have a transparent and real conversation about where the senior living industry needs to shift and explore how payment reform is opening the door to redefine the industry in a way that resonates with those we serve. Senior […]

Minneapolis-based Lifespark recently acquired 35 Tealwood Senior Living communities, bringing them under Lifespark Senior Living. Lifespark CEO Joel Theisen recently shared with McKnight’s Senior Living the company’s vision to bring people to services, not services to people, using technology and artificial intelligence. Dr. Bill Thomas, Lifespark’s independence officer, is a key architect in designing the holistic model […]

Lifesprk makes Home Health Care News‘s list of “home health providers to watch.” According to Robert Holly, editor, “The home health powerhouses on this list are worth following for a variety of reasons, whether that’s due to their forthcoming organizational changes, recent industry-shaping acquisitions or attention-grabbing growth strategies. While the following companies are very different […]

Lifesprk, an innovator in whole-person senior services, is jumping into the senior living sector through a partnership with Tealwood Senior Living. The companies forged the alliance because the pandemic has created new opportunities in senior living and senior services.  “Both Lifesprk and Tealwood are well-positioned to seize the opportunity by joining forces to serve seniors more fully, […]

Senior care company Lifesprk has acquired Bloomington-based senior living operator Tealwood Senior Living,it announced Tuesday. The deal will expand Lifesprk’s reach and more than triple its employee count in the Upper Midwest. The terms of the deal were not disclosed. Lifesprk will manage Tealwood’s 35 senior living locations in Minnesota and Wisconsin. Lifesprk won’t own […]