ORANGE COUNTY, CA—Since Obamacare is pushingefficient healthcare delivery, seniorhousing is beginning to offer in-home healthcare services,experts tell GlobeSt.com. Last month, we reported on a discussion we had with severalsenior-housing executives on the subject of the BabyBoomers and senior housing. Here, we spoke with expertsStephen Jones, chairman/CEO of SnyderLangston; Brendan Morrow, director ofsenior living for the Weitz Co.; AlanUrsillo, SVP of Jones Lang LaSalle;Al Rabil, CEO of Kanye Anderson RealEstate Advisors; Dan Prosky, foundingprincipal of American Healthcare Investors and thepresident and CEO of Griffin-American Healthcare REITII; and Chuck Harry, managing directorand director of research and analytics for NIC,about the impact of the Affordable Care Act onsenior housing now and in the future.

GlobeSt.com: How is Obamacare impacting the seniorhousing sector?

Morrow: A key pillar of Obamacare ispushing healthcare delivery to the least expensive responsiblevenue. For a hospital that's part of an ACO, a memory-carecommunity is loads cheaper than an acute-care hospital. Likewise,for a senior-living community, in-home care in anindependent-living apartment is cheaper than moving a resident toassisted living or skilled nursing. So you'll see an interest startat the top of the acuity ladder in owning or affiliating withproviders at lower-acuity venues where they can partner on caredeliver. Thanks to Obamacare, hospital systems are literallyincented to provide care to a person from cradle to grave, so theycan deliver that care at the lowest-cost location. In the past,senior-living communities were looking to hospitals for referralsto their skilled nursing or rehab units. Now, the law motivateshospitals to find those communities that don't producereadmissions, even if that means building or buying one.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.