It’s worth saying that the senior living space has always emphasized valuable, high-quality care. Value is not new to senior care. But what is new is the recent rapid evolution toward payment models that reward for efficiency combined with quality in care, and penalize those that don’t achieve it. This is known as pay-for-performance, or value based care.
For senior housing community resident executives looking to the future, it makes sense to follow today’s unfolding trends. One of the most visible is the rise of care coordination services in senior living.
Seniors seek to remain independent, and their caregivers want to support that goal. At the same time, there are factors working against greater independence. Part of it comes down to the nature of aging.
Declining health inevitably takes its toll on independence. At the same time, the nature of health care delivery may also work against greater independence.