Strengthening Long-Term Care in New York: A New Alliance

CareSource and ElderServe Health Join Forces for Better Care

In a significant move for long-term care, CareSource is eager to form an affiliation with ElderServe Health. This partnership aims to enhance support services for older adults and those with disabilities, related to the growing demand for such services in the state.

Transforming Care for Vulnerable Populations

CareSource, a nonprofit managed care organization, is well acclaimed for its commitment to improving the lives of individuals with complex health needs. This affiliation is a strategic step toward fulfilling the rising demand for long-term care, which is expected to triple due to shifting demographics in the coming years. Erhardt Preitauer, CareSource's president and CEO, emphasized their passion for transforming care, allowing vulnerable populations to lead healthier and fuller lives.

Current Landscape of ElderServe Health's Services

ElderServe Health currently supports over 20,000 older adults and individuals with disabilities within New York City and nearby counties. Their services cater primarily to a dual-eligible demographic, which is significant in today’s healthcare landscape. Through programs like the Medicaid Managed Long Term Care Program and various Medicare options, ElderServe Health demonstrates its dedication to providing necessary support for its members.

Innovation and Community Connection

Scott Markovich, EVP of markets and products at CareSource, highlighted how their innovative practices and expertise in managed care will bolster ElderServe Health's existing systems, ensuring they remain committed to offering exceptional care while maintaining strong community connections. This partnership is not just about joining forces but about making a more significant impact on the communities they serve.

Addressing the Growing Need for Long-Term Care

With the aging population in New York, approximately 3.5 million individuals aged 65 or older represent the fastest-growing segment. Fortunately, more than half of this demographic will, at some point in their lives, require long-term care. These statistics only emphasize the urgency of CareSource and ElderServe Health's affiliation to cater to the increasing needs of older adults and individuals with disabilities.

Ensuring a Smooth Transition

As ElderServe Health integrates into the CareSource family of brands, there is confidence in a seamless transition for members. Susan Aldrich, EVP of ElderServe Health, reassured that the quality of care and access to services would remain consistent. This means members will continue to be supported by the same trusted teams, ensuring they receive the care they rely on.

Commitment to Quality Care

David V. Pomeranz, President & CEO of RiverSpring Living, expressed strong support for this affiliation, stating that CareSource is perfectly suited for the control of ElderServe Health. This partnership promises to enhance the quality of care and expand resources, reflecting a mutual commitment to serving the community effectively.

About CareSource

CareSource is a nonprofit organization that has revolutionized managed care, overseeing over two million members across various health plans. Their focus on addressing the social determinants of health exemplifies their mission-oriented service, enhancing healthcare accessibility and equity.

About ElderServe Health, Inc.

Also a mission-driven managed care organization, ElderServe Health is dedicated to providing services to vulnerable populations in the New York metropolitan area. With over 20,000 members, their approach centers around caring for the whole person, helping individuals lead healthier lives while maintaining independence through tailored care plans.

Frequently Asked Questions

What is the purpose of the CareSource and ElderServe Health affiliation?

The affiliation aims to strengthen long-term care services for older adults and individuals with disabilities, allowing both organizations to enhance the support offered.

How does this affiliation benefit ElderServe Health's members?

Members will continue to receive care from the same trusted teams, ensuring a seamless transition and improvement in the quality of services.

What programs does ElderServe Health currently offer?

ElderServe Health provides various Medicaid and Medicare plans catering to dual-eligible members, focusing on individualized care and support.

What impact does the aging population have on long-term care?

The number of older adults needing long-term care is expected to rise significantly, emphasizing the importance of partnerships like the one between CareSource and ElderServe Health.

How can I learn more about CareSource's services?

For more information about CareSource and its offerings, you can visit their official website or follow their social media channels.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

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