According to Austin Montgomery with Senior Housing News, the shift towards value-based care in senior living is continuing in 2025, driven by rising resident acuity, tight margins and payer expectations.
As acuity drives changes in how operators manage their communities, senior living providers are more closely tracking health outcomes to show the benefit of the services they provide to keep people from moving “downstream” in the care continuum, such as into the emergency room.
In value-based care, the model shifts from fee-for-service to reaping reimbursement dollars to keep people healthier through plans like accountable care organizations (ACOs) or through private Medicare Advantage (MA) alternatives.
In a recent panel at the RETHINK Conference, Lifespark CEO Joel Theisen joined HumanGood Senior Vice President of Healthcare Services Philip Chuang, to talk about how value-based care is changing their senior living operations. “I believe we all need to think carefully about how to monetize and bring together all the assets around a person into one vehicle,” Theisen said. “The goal is to serve them with the greatest compassion, empathy and value.”
