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Memory Care Operators Embrace Managed Care Amid Wider Shift to Value-Based Payments

  • Nov 1, 2023
  • Meaghan Puglisi
  • 2-min Read

In a Senior Housing News story on Memory Care Business, writer Jesse Floyd shares that memory care providers are shifting to a managed care model, seeking to forestall expensive medical crises in favor of working to keep residents as healthy as possible for longer.

Lifespark had the opportunity to share our expertise on senior living and memory care as an example of other senior care and memory care professionals who are taking a managed care approach with residents.

“In Minnesota, Lifespark has been using a managed care approach for more than two decades, meaning the methods have had time to mature, said Molly Toulouse, who is the operator’s senior vice president of senior living.”

Lifespark’s assisted living settings include a number of memory care residents, and the company has designed a program relying on creation of a single point of contact on any of their needs. That contact coordinates the patients’ care with other members of the team, which can include nurse practitioners, doctors, home health professionals — anyone who has contact with the patient.

“That really makes a huge difference in the end to how each member meets those health and life goals. So it’s not just medical, it’s everything a person needs to, what we say, age magnificently because a lot of that really isn’t covered by traditional services,” said Meaghan Puglisi, director of marketing and communications at Lifespark.

Read on for the full story…

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