Primarily created as a hospitality model, seniors housing is inching its way into the complex world of healthcare management and insurance payments. Operators are adopting a variety of approaches to address the health needs of residents through value-based care arrangements.
What is value-based care? Jane Adler, reporter for Seniors Housing Business Magazine, asked this question in an interview she did with a few senior living operators on how they are preparing for value-based by 2030 (a CMS mandate). Among the leaders in this space is Lifespark who along with Juniper Communities, Curana Health, shared their perspectives.
“Seniors housing is a great environment to deliver health and hospitality,” says Joel Theisen, founder and CEO of Lifespark. The company also offers home health services. Theisen believes healthcare delivery should be location-agnostic, provided wherever the person lives. “Seniors housing is the resident’s home,” he says.
“Our services are fully integrated,” he says. Theisen adds that the entire building staff is trained to watch residents for a change in condition that might lead to a healthcare crisis.
