The Affordable Care Act (ACA) is causing big changes in the healthcare industry, and several trends — including a movement toward in-home services — are expected to change the long-term care industry, according to an article on the Senior Housing News website.
Senior Housing News quoted a recent interview with the National Investment Center for the Seniors Housing & Care Industry, in which former Tennesee Sen. Bill Frist highlighted trends to expect.
“There is a definite rise in government sponsored healthcare,” Frist told NIC. “The implication for companies working in senior living is that they will be forced to comply with the government regulations that come with the government money.”
One impactful aspect of the ACA is the move toward value-based healthcare. This will lead to restructured payment models, bundled care and requirement outcomes evaluation, Frist said.
“There is an overall movement toward home as the locus of care. And this will redefine the post-acute care space,” Frist said in the article. “This is certainly a trend that is most impactful for the senior living and long-term care industry and potentially disruptive. But I see it as an opportunity: an opportunity for innovative business models that will improve the overall quality of life of our seniors.”
Read the article.
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