XS
SM
MD
LG
XL

This size screen isn't yet supported. We're working on that.

Parent company of Blue Cross of Minnesota to sell Livio Health, a senior care provider

  • Nov 2, 2022
  • Meaghan Puglisi
  • 1-min Read

Chris Snowbeck, reporter for Star Tribune, updated readers on Blue Cross’s investment in Lifespark.

The parent company of Blue Cross and Blue Shield of Minnesota is selling Livio Health, a business that provides in-home health services to seniors. Livio will be acquired by Lifespark, a St. Louis Park-based company with a technology platform for helping seniors avoid trips to the hospital.

As part of the agreement, Aware Integrated, the parent company of Eagan-based Blue Cross, becomes a minority owner in Lifespark through a cash investment made in addition to the valuation of Livio Health.

“Our investment in Lifespark will help fuel greater growth and innovation in ways that benefit the entire system, across all populations,” said Dana Erickson, president and chief executive at Blue Cross, in a statement.

Read on for more details…

Related Articles

News

Are You Taking Too Many Medications?

Lifespark Chief Medical Officer, Nick Schneeman, shared his thoughts on this topic in a recent article published in Time Magazine. He offered up tips on how to trim your medication list for seniors and their families. The cascade of drugs is responsible for a vast but underpublicized American tragedy. Medication overload will contribute to the […]

READ MORE

News

Four Key Questions When Private Equity Comes Calling

Private Equity (PE) investment can be key to gaining the capital and expertise you need to grow, but it also comes with strings attached. In an article published in Chief Executive magazine, Joel Theisen, Lifespark CEO, shares four key questions he’s learned to ask about working with PE. Joel writes, as the CEO of a […]

READ MORE

News

‘It’s the Right Thing To Do’: Humana, Lifespark Embracing Wellness As Part of Overall Strategy

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 […]

READ MORE