Charlottesville, VA – November 22, 2024 – Commonwealth Senior Living is proud to announce it has partnered with Serviam Care Network and Curana Health through the Value-Based Care Alliance of Virginia. Through the Alliance, Commonwealth’s residents will now have access to in-residence primary care services, regardless of their insurance plan, and the option to enroll in Curana’s Align Senior Care Institutional-Equivalent Special Needs Plan (IE-SNP): a Medicare Advantage plan designed to provide high-quality care for assisted living and memory care residents. In addition to full Original Medicare coverage, IE-SNP beneficiaries are eligible for expanded benefits, including a dental/denture allowance, a hearing/hearing aid allowance, a vision/eyewear allowance, podiatry services, an over-the-counter medication allowance, post-hospital in-residence services, and transportation to health care appointments.
“Our partnership with the Value-Based Care Alliance reflects our commitment to shaping the future of senior living by delivering exceptional, personalized care to our residents,” says Michelle Hamilton, Chief Operating Officer at Commonwealth Senior Living. “The Alliance makes it easy for us to fully leverage the benefits of value-based care, making a tangible difference in the lives of those we serve. This collaboration aligns with our Noble Selling Purpose, which is to improve the lives of our residents, their families, and each other.”
“We are thrilled to welcome Commonwealth Senior Living to the Value-Based Care Alliance of Virginia,” says Alan Fairbanks, President of Serviam’s Value-Based Care Alliance. “Our partnership aims to transform senior care, shifting the focus from reactive, episodic care to a proactive, holistic approach that improves residents’ quality of life and promotes long-term wellness.”
The value-based care model focuses on preventive care, disease management, and a coordinated healthcare approach. This not only enhances the well-being of residents, but also contributes to significant cost savings through reduced unnecessary hospital admissions and emergency room visits.
Commonwealth Senior Living is committed to improving resident safety and overall health outcomes and this partnership marks a significant step toward that goal.
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About Commonwealth Senior Living
Commonwealth Senior Living provides independent living, assisted living, personal care, and memory care to seniors across Connecticut, Michigan, Pennsylvania, and Virginia. Commonwealth Senior Living has become a leader in the senior living industry through our innovative signature programs, such as our award-winning Sweet Memories Alzheimer’s and dementia program, our Farm to Table dining, and our interactive communication tool, TSO Life, among others. As a Certified Great Place to Work® company for six years in a row, Commonwealth Senior Living continues to pioneer new services to meet our goal of improving the lives of seniors, their families, and each other. The company is an active member of the Virginia Assisted Living Association (VALA), Pennsylvania Assisted Living Association (PALA), Lifespan, Argentum, American Seniors Housing Association (ASHA) and the National Investment Center for Seniors Housing (NIC). For more information on Commonwealth Senior Living, visit www.CommonwealthSL.com.
About Serviam Care Network
Serviam Care Network was created to serve a coalition of senior living providers with the mission of transforming how America cares for seniors. Serviam creates and brings value to operators: Economic value, efficiency, and effectiveness. We’re built by operators, for operators. The growing network includes 45 operators across all 50 states. For more information about Serviam Care Network, visit via.serviam.org.
About Curana Health Driven by the mission of improving senior living residents’ health, happiness, and dignity, Curana Health is dedicated to advancing the adoption of value-based care and transforming the healthcare experience for senior living residents. Curana’s medical group offers primary, post-acute, and multi-specialty care to seniors in skilled nursing facilities, assisted and independent living communities, and memory care settings. Curana’s accountable care organizations and health plan partnerships support the medical group’s personalized, proactive, and coordinated clinical care model. Additionally, Curana Health’s owned and operated Medicare Advantage Special Needs Plans make care more accessible and affordable for residents, while also offering skilled nursing facilities and senior living operators enhanced operational capabilities and new financial opportunities aligned to improved clinical outcomes. Currently, Curana’s 1,000+ clinicians serve approximately 200,000+ patients annually, spanning 34 states and 1,500+ senior living sites. To learn more, visit CuranaHealth.com.
