Value-Based Care Innovator Lifespark to Acquire Tealwood Senior Living
May 12, 2021
Lifespark — a company that specializes in providing value-based care largely through home- and community-based services — is acquiring Tealwood Senior Living.
The transaction could prove to be a milestone for how senior living providers are integrated into population health efforts, with Green House and Eden Alternative visionary Dr. Bill Thomas leading the efforts to combine the two companies’ operations.
Bloomington, Minnesota-based Tealwood operates a portfolio of 35 senior living communities across Minnesota and Wisconsin. Three locations offer skilled nursing services. Going forward, the communities will be rebranded as Lifespark Senior Living.
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