RVA 25: The 2019 class stands tall atop 1717
AllyAlign Health recognized as one of the top 25 growing privately-held companies in Richmond, Virginia for the second consecutive year.
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AllyAlign Health Announces Strategic Growth Investment Funding from McKesson Ventures
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 […]
Read MoreNew Medicare Advantage Telehealth Policies a ‘Big Win’ for Senior Living
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 […]
Read MoreWhy Senior Living Providers Start Medicare Advantage Plans Despite Low Margins
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 […]
Read MoreAllyAlign CEO: I-SNPs Will Form ‘Permanent Pillar’ in Changing Skilled Nursing World
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 […]
Read MoreJuniper, Marquis Execs: Launching a Medicare Advantage Plan is Daunting, Rewarding
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 […]
Read MoreHow Senior Living Providers Can Profit as Medicare Advantage Gains Momentum
There is likely significant financial upside for senior living providers who embrace care coordination and Medicare Advantage (MA) — and a potential big risk for those that don’t. That was the central argument posed in a panel discussion at the National Investment Center for Seniors Housing & Care (NIC) spring conference in San Diego.
Read MoreNew Senior Living Consortium to Launch Medicare Advantage Network
In a bold move that could give senior housing operators a template for increasing their revenue and power within the care continuum, four companies are teaming up for a big bet on Medicare Advantage. Operators Christian Living Communities (of Englewood, Colorado), Juniper Communities (Bloomfield, New Jersey) and Ohio Living (Columbus, Ohio), and managed services partner […]
Read MorePoised To Take The New Payment Leap
Long term care providers are entering into a time of serious decision making on how best to embrace the opportunities and challenges that alternative payment models offer. By Patrick Connole As the Centers for Medicare & Medicaid Services (CMS) aggressively pursues value-based payments over traditional fee-for-service (FFS) contracting, the stage seems to be set for […]
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