In the growing and evolving value-based health care world, “strategic upstream and downstream partnerships are vital for survival,” said Joseph Kiernan, chief strategy officer at Ocean Healthcare, at the recent NIC Spring Conference. Traditional health care providers such as hospitals, home health companies, and skilled nursing facilities have been building partnership networks for years. Seniors housing providers have typically been a lesser part of these networks, but many operators who attended the conference educational sessions are considering integrating health care services into their communities.
Some forward-looking investors are taking stakes in Medicare Advantage (MA) providers and plans, which this group of investors believe will likely produce new revenues streams for seniors housing operators and owners over the next five years.
Focused on the theme, “Investing in Seniors Housing & Healthcare Collaboration, the 2019 NIC Spring Conference kicked off on Wednesday afternoon, hit full-speed Thursday, and concluded with a full morning of networking and informative sessions on Friday. The Conference drew more than 1,700 attendees, including investors, seniors housing and care operators, and healthcare players, many of whom were exploring new opportunities to collaborate across old silos.