KANSAS CITY, Missouri—Serviam Care Network, through its Value-Based Care Alliance, has announced the addition of Bickford Senior Living to the Value-Based Care Alliance of Virginia, which introduces value-based care (VBC) health models to its Virginia communities. This collaboration aims to enhance the quality of care for senior residents while improving health outcomes and reducing costs.
By joining Serviam's Value-Based Care Alliance of Virginia, Bickford Senior Living can participate in a VBC system without needing its capital, relationships or density of lives required in a VBC model. The partnership will combine Serviam's expertise in VBC with Bickford Senior Living's commitment to exceptional senior care. Together, they will integrate Serviam's HigherPath operating system through the Alliance, tailoring to the unique needs of seniors and aiming to ensure a higher standard of personalized, efficient and effective care.
The VBC model focuses on preventive care, disease management and coordinated health services, which enhance the quality of life for residents and contribute to overall cost savings by reducing hospital readmissions and emergency room visits.
“Senior care today is reactive, expensive and siloed,” said Andy Eby, CEO of Bickford Senior Living. “It's a sick-care system, not a health care system designed to keep seniors healthy. Most of us have accepted this status quo because it feels too big and complex to change. Not us. We're taking the road less traveled and championing a higher standard of senior care. By partnering with Serviam's Value-Based Care Alliance, we are taking a significant step towards revolutionizing senior care in Virginia. Our residents deserve the best possible care, and this partnership will ensure they receive the right care at the right time.”
Since joining the Value-Based Care Alliance of Virginia, Bickford Senior Living has observed a 55% decrease in falls with injury, a 10% decrease in weekly ER visits and zero medication errors.
“Bickford Senior Living is a founding member of Serviam Care Network, and our missions have always been aligned to transform the way that America cares for seniors,” said Tim Donnelly, CEO of Serviam Care Network. “Through the Value-Based Care Alliance, we will create a health care environment that promotes wellness, independence and dignity for all residents.”
