Medical clinics that cater to chronically ill seniors are expanding rapidly across the country as they vie for patients in the lucrative, fast-growing Medicare Advantage market. Clinic operators ChenMed, Oak Street Health and Partners in Primary Care are among companies that have recently unveiled plans to bring senior-focused medical centers to new communities. Meanwhile, some hospital systems are attempting to get in on the action with their own senior clinics. It may seem counterintuitive to build a business around caring for the oldest, sickest, most-expensive patients in the country. But the clinic operators say that’s where they find the greatest opportunity to save and pocket those costs. Venture capital firms and Medicare Advantage insurers are betting they will succeed.
Read the full article: Caring for Oldest, Sickest Patients Now a Growth Business //
Source: https://www.modernhealthcare.com/physicians/caring-oldest-sickest-patients-now-growth-business