Tim Regan, reporter for Senior Housing News, took a different spin on Lifespark’s acquisition of Livio Health and investment from Blue Cross focusing on what this means for the senior living industry and residents we serve.
Joel Theisen, Lifespark CEO, added that the acquisition is furthering the company’s overall vision for transforming senior living in the future. With Livio and Blue Cross in tow, he sees the capability to serve many residents in a much more holistic way.
For example, if a resident falls in the community, it is often standard procedure to take them to the emergency room. But many of those visits are ultimately unnecessary, and can lead to bad outcomes and a big hospital bill for residents or their families, Theisen said.
By accessing care through health plans such as the ones Blue Cross offers, Lifespark residents can receive services including guidance, geriatric medical expertise, and life management services.