Commonwealth Senior Living Joins Value-Based Care Alliance of Virginia
January 2, 2025
CHARLOTTESVILLE, VA — Commonwealth Senior Living has announced in a press release that it has partnered with Serviam Care Network and Curana Health through the Value-Based Care Alliance of Virginia.
Through the Alliance, Commonwealth’s residents 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, 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,” stated Commonwealth Chief Operating Officer Michelle Hamilton. “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.”
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“We are thrilled to welcome Commonwealth Senior Living to the Value-Based Care Alliance of Virginia,” said 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 wellbeing of residents, but also contributes to significant cost savings through reduced unnecessary hospital admissions and emergency room visits.
Commonwealth Senior Living, which is based in this Virginia city, provides independent living, assisted living, personal care, and memory care to seniors across Connecticut, Michigan, Pennsylvania, and Virginia. As a Certified Great Place to Work company for six years in a row, the company continues to pioneer new services to meet its goal of improving the lives of seniors, their families, and each other, including signature programs such as their award-winning Sweet Memories Alzheimer’s and dementia program, and farm-to-table dining. Commonwealth is an active member of the Virginia Assisted Living Association, Pennsylvania Assisted Living Association, Lifespan, Argentum, American Seniors Housing Association, and the National Investment Center for Seniors Housing.