McKnight's January 17, 2022
During a year in which skilled nursing operators faced tremendous operational and financial pressures, Longevity Health Plan launched services in three new states and expanded its footprint significantly in those it already served.
Explosive growth for the provider of Institutional Special Needs Plans underscores skilled nursing providers’ increasing willingness to partner for patient care, especially if partners add clinical capabilities and provide a buffer against lower Medicare Advantage reimbursements.
“I think this is a very proactive, thoughtful strategy for skilled nursing facilities to really take a lead in value-based care,” said Marc Hudak, chief growth officer for Longevity. “Historically, when SNFs think about Medicare Advantage, they think about reduced reimbursements, prior authorizations, concurrent stay reviews. … They’ve been almost essentially...
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