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For almost two years, Intermountain Healthcare—a Utah-based health system that boasts 22 hospitals, more than 180 clinics and its own health insurance plan—has been searching for the perfect home care partner to help it proactively keep elderly patients well and away from its own facilities.
It found that partner more than 1,400 miles away.
News
It’s the biggest but least-known business comeback story of this century: Senior housing is suddenly booming. In an article in MedCity News, Lifespark CEO, Joel Theisen shared that five years after being throttled by Covid lockdown, demand for senior housing soared to a record high this year. The number of occupied senior housing units has […]
News
LTC Properties (NYSE: LTC) today announced an acquisition of five communities managed by senior living operator Lifespark. The Westlake Village, California-based real estate investment trust (REIT) acquired from Tukka Properties for $195 million five independent living, assisted living and memory care communities totaling 520 units in Wisconsin. St. Louis Park, Minnesota-based operator Lifespark operates the […]
News
According to Tim Mullaney, editor, Senior Housing News, a proposal from the Centers for Medicare & Medicaid Services (CMS) to phase out a list of inpatient-only hospital procedures threatens skilled nursing facility (SNF) access if the so-called three-day stay rule is not eliminated, and also should prompt bigger thinking about the role SNFs can and […]
