According to Tim Mullaney, editor for Senior Housing News, and panel moderator for an Executive Outlook on Skilled Nursing and Assisted Living at the ReTHINK Conference, the success of skilled nursing and long-term care providers today and in the future is increasingly tied to how swiftly and successfully they can adapt to a world in which complex care is rapidly migrating out of the hospital.
Joel Theisen, Lifespark CEO, joined Joseph Kiernan, Ocean Healthcare, Chief Strategy Officer and Senior Vice President Network Development for a discussion about the future of innovation, regulations, and rising acuity in senior living and how those visions are translating into business strategies.
Diversified companies that offer skilled nursing and long-term care are uniquely positioned to not only thrive in such payment models but in fact be at the center of them, Theisen argued. That’s because these providers can maintain relationships with patients over time, gathering data on their health while also gaining insight into their goals and expectations, in order to manage their care in the most efficient and effective way possible.
“We should be the ones driving the relationship, driving the outcomes, driving the value chain, right?” Theisen said. “And the hospital should be there for surgeries and really, really sick people that need acute care, period.”
