Venturing in Senior Care: Observations and Predictions for 2024 and Beyond
The end of the year typically brings about reflection on what has passed and optimism for the future. For those of us fortunate enough to be investing in the future of senior care and aging, 2023 gave us much to digest: Optum proposed a $3.3bn acquisition of home health giant Amedisys, regulators released a list of 10 drugs covered under Medicare Part D selected for first-ever price negotiations, Medicare Advantage (MA) enrollment surpassed 51% (31m) of eligible beneficiaries, and CMS released minimum staffing standards for long-term care (LTC) facilities that was met with fierce opposition from the LTC industry and lawmakers alike.
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