Category Archives: InnovateLTC

SHC Year in Review – 2013

This year was a pivotal one  for Signature in many ways. Take a look below at some of the highlights…

  • Signature successfully moves into acute care after purchase of Northwest Florida Community Hospital (December/January)
  • U.S. News & World Report names Signature homes among nation’s best (February)
  • More than half of Signature centers achieve four- or five-star rating (April)
  • Six new centers in Kentucky and Indiana join Signature family (April)
  • Signature’s second annual interfaith National Day of Prayer ceremony joins political, business and community leaders with residents and staff from Signature centers to celebrate the freedom to pray and exercise one’s faith. Representatives from about a dozen faiths or religions gathered on stage to offer unique prayers of healing and unity. (May)
  • Reflect N Us art gallery launched to showcase residents’ artistic abilities. There were more than 600 entries. (July)
  • TransitionalCARE program earns Spirit of Innovation Award at LTC & Senior Living LINK Conference in Chicago (July)
  • Seven centers in Indiana, North Carolina and Kentucky join Signature (August)
  • AIT (Administrator In Training) Rockstar Academy debuts (August)
  • Signature facility CEOs meet to map future of company (August)
  • Signature is honored as one of nation’s ‘Best Places to Work’ by Modern Healthcare (August)
  • Third annual SHC vacation takes residents to Branson, Missouri for Ozark Mountain adventures (September)
  • Record crowd attends third annual Senior Olympics (September)
  • Signature affiliate HomeNow Medical Supplies opens first retail location (October)
  • Serenity Summit educates staff, others about Alzheimer’s and dementia care (November)
  • Residents honored with largest-known Hall of Fame induction ceremony on record, with 322 honorees at 77 locations (November)
  • First Louisville Innovation Summit draws leaders and visionaries from long-term care and beyond to envision the future of aging care (November)
  • Serenity Summit lays groundwork for new Alzheimer’s/dementia education programming (November)
  • Three Ohio centers join Signature (December)
  • ’12 Days of Service’ volunteer program offers team-building, renewed purpose (December)
  • 12 Signature homes now on Eden Alternative Registry with more to come (December)

Signature affiliate forges partnership with Georgia Tech, Institute for the Ages

InnovateLTC_Logo_600wSignature HealthCARE affiliate recently formed a new partnership with the Georgia Institute of Technology (Georgia Tech) and Sarasota, Fla.-based Institute for the Ages to aid in market research for products, services

images-1and technologies aimed at the over-50 demographic. Together, the partners will develop a database of individuals in that age bracket who are willing to provide feedback on those products, services and technologies.

For more, read the article from Business First of Louisville.

 

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Louisville aging care evolution covered by McKnight’s

McKnight’s Long-Term Care News & Assisted Living has published a column from several aging-care leaders detailing Louisville’s rise to prominence as a hub for aging care and innovation. To read the article, click HERE.

U.S. Congressman Mitch McConnell visits Signature HealthCARE

(Note: Signature HealthCARE welcomes all manner of political discourse and opinion, and regularly hosts elected officials in its facilities and offices regardless of party affiliation. These visits should not necessarily be taken as an endorsement of the views or policies of any particular party or representative. Signature strives to be a conduit for the freedoms this great nation affords through the company’s three pillars: Spirituality (the freedom to choose/to be); Education (the freedom to learn, think and opine); Intrapreneurship (the freedom to express new ideas and manifest those ideas into reality. For more about Signature, visit www.ltcrevolution.com.)

With the national presidential election just over two months away, U.S. Senate Minority Leader Mitch McConnell spent an impassioned hour with stakeholders at Signature HealthCARE’s home office in Louisville last week, answering questions and detailing reasons he believes the nation is in need of new leadership.

During the event, arranged by SHC Director of Legislative Affairs Kathy Gallin, McConnell specifically discussed the Affordable Care Act – the health care reform bill signed into law in March 2010 that sparked a lengthy and ongoing debate among members of Congress. McConnell called the bill “the single worst piece of legislation that’s been passed in modern times.”

“For the country, it’s an unmitigated disaster,” he said.

The bill includes provisions and requirements that would extend health benefits to the nation’s 30-40 million uninsured. Of those without health insurance, half lack the financial means to purchase it, while the remainder simply choose not to, McConnell said. A “happy circumstance” that also poses cost challenges, he added, is the fact that people are living longer now than they were decades ago.

“The dilemma here for our country is that we can’t provide this much, for this many, for this long.”

To fund the expansion of health insurance coverage, the Affordable Care Act proposes to cut $716 billion from the federal Medicare budget, which would account for half of the money needed. The balance, McConnell noted, will come from new taxes.

To address the matter, the senior U.S. Senator said changes in eligibility rules for entitlement programs are needed, referencing billionaire investor Warren Buffett.

“Why in the world are we spreading these benefits across affluent people in our country?” he said. “We can’t afford it.”

McConnell also touched on an issue central to LTC providers in Kentucky: tort reform. While surrounding states, including Indiana and Tennessee, have in place some form of tort reform to ensure that lawsuits are valid and monetary awards are reasonable. Disagreements between the state Senate and House of Representatives prevented legislation from being passed during the 2012 regular legislative session, but similar legislation is expected to be filed again next year.

Among other issues raised during the visit, McConnell…

• Addressed the United States’ economic woes amid increasing competitive pressures from other countries. To strengthen the United States‘ standing as the dominant economic force in the world, he said we must create a pro-business environment by refraining from overtaxation and overregulation.

• Cast doubt that the U.S. would default on its debt but added that it was a reasonable concern to question whether foreign investors might eventually lose confidence in the U.S. economy and decide to invest elsewhere. He noted that the national debt is now roughly equivalent to the nation’s economy, or Gross Domestic Product. Both the national debt and the GDP hover at about $16 trillion.

• Was sympathetic to Americans’ dismal 12% approval rating of Congress. “If you’re one of the 88 percent, I’m with you,” he said.

• Said parties could work together to solve the nation’s problems and avoid Congressional gridlock. He cited political tandems from opposite sides of the aisle – Ronald Reagan and Tip O’Neill raising the age of eligibility for Social Security recipients in the 1980s, for instance – that were able to successfully work together to craft important legislation. And, should President Obama be reelected, McConnell expressed a desire to set aside partisan bickering and focus on effective governance.

“It’s time to get serious and get a result,” he said.

Lastly, McConnell expressed industry-wide appreciation for all health care workers.

“To me, everybody in the health care field deserves a lot of credit. I just want to thank you for all you’re doing.”

 

 

NY Times covers Louisville aging-care effort

 

The New York Times published a story this week about Louisville’s standing as a burgeoning aging-care hub. To read the article, visit The New York Times website.

 

LTC LINKTank competition creates launchpad for innovation in aging

InnovateLTC and LINK LTC & Senior Living Conference have created a new competition to drive innovation in aging care. The competition, to be held during this year’s LTC and Senior Living LINK Conference, will result in the five finalists with the ‘best-of-class’ ideas receiving a travel stipend, the opportunity to present to a broad cross-section of investors and a chance to win $10,000 to help launch their idea.

Read more in InnovateLTC President and CEO John Reinhart’s guest column for McKnight’s Long-Term Care News & Assisted Living.

Signature CRO Jeff Beaty pens magazine article on wandering and elopement

Long-Term Nursing Home ManagementJeff Beaty, Chief Research Officer for Signature HealthCARE, wrote the cover story for the current issue of Advance for Long-Term Care Management on wandering and elopement among nursing home residents.

To read the article, click HERE and go to page 12.

 

Joe Steier looks to future of LTC after speaking engagement

LTC - 100 Executive Management Conference

Signature President and CEO Joe Steier was a guest speaker earlier this year at the LTC 100 Executive Management Conference, an annual gathering of 150 senior-level LTC executives. Afterward, he paused to consider key takeaways and thoughts prompted by the event.

Read Joe’s reflections at JoeSteier.com.