Over the past several months, there has been considerable coverage about the care of elderly residents provided by nursing homes and senior living communities during the Coronavirus Pandemic. In response, Health Dimensions Group convened a group of senior health care and housing industry leaders to discuss how their organizations have been hit by COVID-19 and how they’re dealing with the ramifications, as well their insights on the future of senior care and living under the realm of COVID-19. Participants included a unique blend of experts: Health Dimensions Group, a consulting and management firm; several operators including Ascension Living, Constant Care Management Company, and Lifespace Communities; Ellipsis Partners, a developer; and Invesque, a real estate capital sponsor.
Read our white paper based on the conversation for ideas, solutions to consider, and action steps to help position your organization for success as you continue to operate through and beyond the COVID-19 crisis.
At the end of each year, the Health Dimensions Group team releases its top trends for the new year. When Top Trends 2020 was released in December 2019, we had no idea that the coronavirus pandemic was just around the corner. COVID-19 has impacted the post-acute, long-term care, and senior living industries in a way that no one predicted at the end of 2019. Given these momentous changes, HDG presents a mid-year update to Top Trends 2020.
Health Dimensions Group has identified ten major issues and trends that will continue to impact aging services organizations in 2020:
Like never before, senior care organizations are facing great uncertainty. The speed and diversity of change seems unparalleled. Despite the challenges facing aging services, one thing is certain: Having a dynamic and solid vision and strategy, and executing on that plan, is foundational to organizational success.
Health Dimensions Group has identified nine major issues and trends that will impact aging services organizations:
PDPM is arguably the biggest policy change in the health care industry in the last 20 years with numerous strategic and operational implications.
In our new e-book, you will learn:
Every year, HDG identifies the top trends affecting the future of senior care. In 2019, the trends that will radically shape aging services include Medicare fee-for-service payment reform, value-based payment, occupancy challenges, swift action by investors, ongoing workforce issues, complex network development, managed care growth, improved psychosocial management, senior asset repurposing, rural health innovation, and aggressive cash management.
As operators and consultants in post-acute, long-term care, and senior living, Health Dimensions Group (HDG) is familiar with the challenges and opportunities facing health care organizations in the coming year.
HDG has identified nine trends in 2018 that will continue to radically transform senior care, including evolving ownership models, value-based payment growth, labor shortages, occupancy and demand fluctuations, regulatory pressures, senior living medicalization, and partnership expansion.