In a Home Health Care News (HHCN) article, Joyce Famakinwa recapped comments Joel Theisen, Lifespark CEO, and Mona Siddiqui, Senior Vice President, Clinical Operations from Humana Home, made at the 2023 Continuum Conference this past December.
“Wellness isn’t just a health care buzzword,” said Joyce. “In fact, it’s what’s driving business strategies across the senior care continuum. Providers of all shapes and sizes are looking to achieve wellspan, and executives at organizations like Humana and Lifespark are doing so by leveraging data, care coordination and more.”
On its end, Lifespark has made a commitment to taking on full global risk. This means that the company takes on the full medical loss ratio, degradation, surplus or deficit. Joel weighed in saying, “I think it’s the right thing to do for business, and more importantly, it’s the right thing to do for humanity. It’s the right thing to do for what we’re trying to accomplish.”
