Although the senior living industry is taking a cautious approach to embracing Medicare Advantage, Ohio Living CFO Bob Stillman believes that the program will lead to a seismic shift in care and payments.
They see it as an opportunity to take control of the premium dollar, moving into the business of providing insurance for their patients. And though warnings about SNFs moving into the institutional special needs plan (I-SNP) model abound, launching the Great Plains Medicare Advantage I-SNP has been the right move for the Evangelical Lutheran Good […]
RICHMOND, VA, and BLOOMFIELD, NJ–AllyAlign Health (AAH), a leading convener and owner of Medicare Advantage plans designed for senior housing residents, announced today a strategic partnership with Juniper Communities to license their Connect4Life program. The partnership enables AAH to exclusively implement Connect4Life as the foundation for their CMS-approved care model as part of the company’s […]
Juniper Communities’ Connect4Life care coordination model soon will be finding its way into senior living communities across the country under the terms of a new five-year licensing agreement between the Bloomfield, NJ-based operator and Richmond, VA-based Medicare Advantage plan developer and administrator AllyAlign Health.
New funding to accelerate growth in new markets Richmond, VA – April 16, 2019— AllyAlign Health(AAH), a Richmond-based developer and administrator of Medicare Advantage special need plans that benefit long-term care (LTC) providers, announced today it closed a $10 million strategic round led by McKesson Ventures. Existing investors Heritage Healthcare Innovation Fund, Health Enterprise Partners […]
Recently finalized Medicare Advantage (MA) policy changes will likely bring more telehealth services to senior living communities. Under the new policies, finalized on April 5 by the Centers for Medicare & Medicaid Services (CMS), Medicare Advantage plans will be allowed to cover telehealth services that originate from beneficiaries’ homes — such as an independent living […]
Some senior living providers that have succeeded on a private-pay model with robust margins are now starting their own Medicare Advantage insurance plans — diversifying into a complicated business with much thinner profits. There is no simple explanation for why organizations such as McLean, Virginia-based Sunrise Senior Living and Bloomfield, New Jersey-based Juniper Communities are […]
The exponential growth of Medicare Advantage (MA), with its lower reimbursements and greater length-of-stay pressure, has been a thorn in the side of many skilled nursing providers. As part of a bid to wrest back control, SNFs are increasingly looking to become insurance providers, driving the growth of individualized Medicare Advantage options as they move […]
Launching a Medicare Advantage (MA) insurance plan is a huge undertaking for a senior living provider. However, the work and risks involved could be worthwhile, considering recent changes to the MA program and trends shaping the senior living industry — and some organizations are taking the leap, starting their own plans and creating a template […]