CareSource and Lakeland Care Announce Affiliation
CareSource, a well-regarded nonprofit managed care organization, has revealed its intention to join forces with Lakeland Care, a prominent managed care provider based in Wisconsin. This proposed affiliation signifies a commitment to enhancing long-term care services for older adults and individuals with disabilities throughout Wisconsin.
Strengthening Long-Term Care Services
The collaboration between these two mission-oriented companies aims to provide enriched managed care services by leveraging their combined expertise and resources. By focusing on delivering compassionate and personalized long-term care, the partnership endeavors to improve health outcomes and maintain the quality of life for those receiving care.
Growing Need for Long-Term Care
As the population ages, it's estimated that the demand for long-term care will significantly increase in the coming years. Experts predict that nearly 25 million Americans will require substantial support to ensure their independence and safety. CareSource is dedicated to addressing this pressing challenge by enhancing operational efficiency and fostering innovation within its services.
About Lakeland Care's Experience
For more than two decades, Lakeland Care has been a vital resource for the aging population in Wisconsin. The organization specializes in assisting eligible residents through the state’s Medicaid offerings, allowing many to maintain their independence while receiving necessary care. Recently, Lakeland Care expanded its reach to support residents in additional counties, further demonstrating its commitment to the community.
Alignment of Missions
The leaders of CareSource and Lakeland Care expressed their enthusiasm for the affiliation, highlighting their shared commitment to nonprofit principles and community well-being. Sara Muhlbauer, CEO of Lakeland Care, emphasized that their nonprofit status is crucial for staying true to their mission of empowering individuals and strengthening communities.
Impact of the Affiliation
With Wisconsin's growing number of residents aged 65 and older, the need for robust long-term care services has never been more critical. The financial challenges faced by regional nonprofits have necessitated innovative solutions, and this partnership aims to collaboratively address these pressing needs. The affiliation is expected to enhance the quality of care and expand support options available to older adults and those with disabilities.
Previous Partnerships in Wisconsin
The agreement with Lakeland Care marks another step for CareSource in Wisconsin, following prior affiliations with other healthcare organizations in the state. These strategic partnerships enhance the framework for health services and demonstrate CareSource's commitment to the local communities.
Looking Ahead
Cathy Mahaffey, Market President of CareSource Wisconsin, expressed excitement around this partnership. As CareSource continues to build its local presence, this alliance with Lakeland Care represents a dedication to improving health outcomes for members across the region.
About CareSource
CareSource stands out as a nonprofit, nationally recognized managed care organization that serves over two million members. The organization is well-known for its comprehensive Medicaid managed care plans and innovative health insurance options, including Marketplace and Medicare products. With a mission-driven approach, CareSource focuses on addressing social determinants of health to promote access to care.
About Lakeland Care
Lakeland Care has spent 25 years providing tailored long-term care services to frail elders and individuals with disabilities. As a Medicaid Managed Care Organization, Lakeland Care is dedicated to fostering independence and ensuring vital support for its members throughout Wisconsin. Their passion for care is evident in their commitment to creating a better community and enhancing lives.
Frequently Asked Questions
What is the goal of the CareSource and Lakeland Care partnership?
The partnership aims to enhance long-term care services for older adults and individuals with disabilities in Wisconsin, focusing on personalized and compassionate care.
How long has Lakeland Care been serving Wisconsin residents?
Lakeland Care has over 25 years of experience providing support and services to the state's older adult population and individuals with disabilities.
Why is this partnership significant?
This affiliation represents a strategic effort to address the increasing demand for long-term care as the population ages and financial pressures mount on regional nonprofits.
What approach does CareSource take towards managed care?
CareSource emphasizes operational excellence, innovation, and a mission-driven approach to transform the healthcare experience for vulnerable populations.
How will the partnership impact members?
The collaboration is expected to improve access to high-quality care, ensuring members receive the support necessary for their well-being and independence.
