Value-Based Care ‘Mindset Shift’ Needed to Reach Industry’s Next Evolution

Senior living providers now have unprecedented opportunities to collaborate with primary care networks, accountable care organizations (ACOs), and Medicare Advantage (MA) networks, unlocking the potential of value-based models for enhanced financial outcomes. Advocates of value-based care emphasize that the monetary gains are secondary to the substantial advantages of improved medical responses and reduced hospitalizations for residents. Visionaries in the value-based care sphere, including Lifespark, Juniper Communities, Salmon Health and Retirement, Curana Health, and Serviam Care Network, believe that this marks just the initial phase of a transformative journey toward optimized healthcare and senior living. Recognizing the profound potential of this shift, these organizations stress the urgent need for industry operators to assume a more assertive role and take decisive actions to facilitate this paradigm shift. They highlight the importance of thought leadership and proactive measures to drive this sea change, aiming not only for healthier bottom lines.