Senior Housing News October 23, 2024
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It seems like value-based care is everywhere in senior living – but managing the risk and reaping the rewards is not as easy as it looks.
In 2024, value-based care has become “somewhat of an amorphous term,” according to Kim Elliott, senior vice president and chief nursing officer at Brookdale. Though there are numerous plans in the market today and lots of demand to implement new ones, not all are offsetting costs in the end.
“When … you look at some of the value-based care CMMI initiatives, you’re going to see that they failed to produce the cost savings that they expected to do,” Elliott said during a recent Senior Housing News...