If the COVID-19 emergency has made anything clearer, it’s the need for investment in care that takes place in home- and community-based settings. While it took a global emergency to open people’s eyes to that reality, Dr. Bill Thomas has been preaching its importance for decades. Thomas is a thought leader in elder care who […]
Lifesprk
Lifesprk — a home-based care company known for its innovative whole-person focus — has scored a new $16.1 million investment, the first the company has accepted since its 2004 founding. The investment — which was led by Burlingame, California-based private equity firm Virgo Investment Group — came in the form of Series A preferred stock. […]
Lifesprk — the Minnesota-based health care provider with a suite of home-focused services — has hired Dr. Nick Schneeman as its chief medical officer. Schneeman is the former CEO of Genevive, the largest geriatric practice in Minnesota. Overall, the new CMO of Lifesprk has over 30 years of experience in geratric care-related fields. He joins […]
Minneapolis-based North Memorial Health has partnered with Lifesprk, a holistic home care provider also based in Minneapolis, to help serve the health system’s rapidly aging patient population. And the partnership is already seeing some impressive results in terms of lowering re-hospitalization rates and ER utilization The goal of the partnership — announced in December — […]
Once considered an afterthought, non-medical, in-home care took on newfound importance in 2019. Many home care CEOs predict that momentum will continue in 2020, especially as risk-based arrangements among providers become more common. Medicare Advantage and outcomes-related health data are also positioned to play leading roles in home care next year, industry leaders believe. The […]
Lifesprk, North Memorial Health unveil LEADS Lifesprk and North Memorial Health have partnered to make an alternative delivery system for whole person senior services. The idea behind the new system is to take into account a senior’s entire health care journey in order to more adequately serve his or her needs. The two Minneapolis-based organizations […]
When CEO Joel Theisen began Minnesota-based Lifesprk more than a decade ago, he started out with about $500,000 and a handful of employees. Theisen has turned his diverse home-based care company into a roughly $35 million business since then, while simultaneously launching a joint venture with one of the largest health systems in the country. […]
The 20th episode of our podcast, Disrupt, is now available! If you haven’t yet heard of Minnesota-based Lifesprk, you likely will very soon. Led by CEO Joel Theisen, Lifesprk provides a range of services in the home — including home-based primary care — to help seniors achieve their health and wellness goals. The model has […]
Since the Affordable Care Act was enacted in 2010, U.S. health care spending has steadily climbed — along with the country’s population of older adults and those with chronic conditions. To help bend the cost curve and deliver care to seniors in their preferred setting, health care has, in turn, noticeably shifted into the home […]
As the home care industry continues to seek out ways to evolve and deliver better care to older adults, providers may soon find themselves operating in a largely untapped arena — real estate. That’s according to senior care expert Bill Thomas, one of the masterminds behind the Green House model of smaller senior living properties […]