Wellness isn’t just a health care buzzword. In fact, it’s what’s driving business strategies across the senior care continuum. Providers of all shapes and sizes are looking to achieve wellspan, and executives at organizations like Humana Inc. (NYSE: HUM) and Lifespark are doing so by leveraging data, care coordination and more. For Humana, a major […]
The Centers for Medicare & Medicaid Services (CMS) first announced the Guiding an Improved Dementia Experience (GUIDE) Model in late July. Home-based care providers have now had time to think about the opportunity the model may bring with it. The goal of the model is to “support people living with dementia and their unpaid caregivers.” […]
Home-based companies are focusing on patient “wellness” more than they ever have. Wellness seems like it would be an obvious focus for health care services companies in general. But the fact of the matter is that it hasn’t always been in post-acute and long-term care settings. That’s changing now. While it’s right for the patient, […]
In order to stay ahead of the needs of consumers and payers, post-acute care leaders — including those in home-based care — are looking to innovate how care and services are delivered to seniors. A major part of this is moving their organizations toward more integrated, cross-continuum care. At Homebase Medical, this means placing a […]
Although value-based payment models are trendy in the home-based care space right now, a new study shows that a majority of all health care payments are still based on fee for service. The study was conducted by the Health Care Payment Learning & Action Network (LAN), which found that advanced value-based payment models are still […]
Lifespark has agreed to acquire Livio Health, a wholly owned subsidiary of the parent company of Blue Cross and Blue Shield of Minnesota (Blue Cross). What’s more, the parent company of Blue Cross has landed a minority owner stake in Lifespark through a cash investment made in addition to the valuation of Livio Health. “It’s […]
The Minnesota-based Lifespark is setting up for its planned national expansion with a hefty funding round to match. Specifically, the senior care provider is going after $50 million in growth equity funding, according to Axios. Lifespark CEO Joel Theisen teased the plan in one of his recent conversations with Home Health Care News. “We’re in […]
For other home-based care providers, the Minnesota-based Lifespark can offer lessons in taking on risk to get to the “apex-predator level,” as its CEO Joel Theisen would say. At the same time, the company is also looking outward to learn from others as it gets ready for a nationwide expansion. That’s why the provider – […]
Taking risk has been a hot topic on the home health and home care conference circuits for some time now. That will heat up more moving forward. Two realities are driving providers to take on risk themselves. Home health providers, in particular, could be in sink-or-swim territory in five months. All the while, payers have […]
There are several trends in the home-based care industry that are colliding all at once. The baby boomers are getting older, seniors want to age at home more than ever, and families who have typically cared for their loved ones are moving away, which is creating a need for digital integration. Those are all macro […]
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