One Year Out from $16M Venture-Capital Deal, Senior Care Company Lifesprk Keeps Growing
Apr 23, 2021
As published in Minneapolis/St. Paul Business Journal, in-home senior care provider Lifesprk has leveraged a round of venture capital and the Covid-19 pandemic into big growth.
St. Louis Park-based Lifesprk had the 17th-largest venture capital raise for a Twin Cities company in 2020, pulling in $16.1 million last March in a round led by California-based Virgo Investment Group. Minnetonka-based Cherry Tree & Associates served as an adviser on the deal. The capital was used to invest in an electronic records system; boost hiring; and expand offerings to include Lifesprk GO!, a transportation service for seniors.
Memory Care Operators Embrace Managed Care Amid Wider Shift to Value-Based Payments
November 1, 2023Meaghan Puglisi
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 […]
WCCO Health Show with Susie Jones – Dr. Nick Schneeman Talks Deprescribing
October 30, 2023Meaghan Puglisi
Dr. Nick Schneeman, Lifespark Chief Medical Officer, joined Susie Jones from WCCO radio on her Health Show to talk about deprescribing and overprescribing during Healthy Aging Month. They covered a lot of ground during the one-hour Sunday morning segment answering everything from what is deprescribing and drug cascading to should a person ever go off […]
Joel Theisen, BSN, RN, CEO of Lifespark weighed in on the Annual Open Enrollment season with his opinion on the process in an article in MarketWatch. The health care choice is important but changing for the 60 million Americans on Medicare. 2023 was the first year most seniors opted for Medicare Advantage over traditional Medicare, […]