In this episode of NIC Chats, host Lisa McCracken welcomes Jim Lydiard, Chief Strategic Advisor for Pine Park Health, to discuss value-based care in senior living. Jim shares his journey from a personal connection with senior care to becoming a leader in healthcare innovation. The conversation delves into the complexities of value-based care, comparing ACO and Medicare Advantage models, and exploring the evolution of healthcare partnerships in senior living communities.
The episode offers valuable insights for senior living operators considering healthcare partnerships, including tips for assessing potential partners and the importance of organizational culture in successful implementations. Jim shares humbling experiences from his career, highlighting the challenges and lessons learned in implementing value-based care models. The discussion concludes with a look at emerging healthcare trends, including the concept of "health hospitality" and the growing focus on rural care and Medicaid innovation.
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