Healthcare Management Partners (HMP), a U.S.-based company with expertise in assisting healthcare organizations in financial matters, has reportedly launched HMP Senior Solutions, a firm committed to operating senior care facilities. Sources cite that HMP Senior Solutions will be focusing on senior care facilities, offering novel solutions to today’s shifting challenges for a different array of clients.
Reportedly, Don Bivacca, MD, HMP, with over 30 years of experience in driving the successful operation of healthcare organizations, will run HMP Senior Solutions.
Speaking on which, Mr. Bivacca said that, there is a need to transform the operations of senior care facilities in this technologically advanced era. HMP Senior Solutions has developed a dedicated team with executive-level experience essential to chart upcoming challenges and take senior care facilities to success.
Mr. Bivacca added that the company is committed to protect client assets and increase valuation, enhance quality and stabilize the staff while safeguarding residents.
HMP Senior Solutions will be an extensive network of veteran operators with healthcare knowledge across a variety of healthcare infrastructures (Home Health, Hospice, ALF, IL, Hospital, SNF). The company will be managing senior housing facilities including skilled nursing facilities and assisted living facilities.
Meanwhile, HMP Senior Solutions plans to collaborate with Pathway Health, a professional consulting and management organization serving clients in the long-term and post-acute care sector. The partnership would enable HMP Senior Solutions to offer customized offerings to HUD, private equity groups, REITs, and banks.
These services will involve comprehensive support, including auditing and implementing process regulatory compliance and managing financial reporting.
According to sources, the last baby boomer will turn 65 by the year 2029 and by 2035 the elderly population will be more than children for the first time in the history of the United States. Such favorable scenarios will represent several opportunities for entrepreneurs, operators, and healthcare organizations like Healthcare Management Partners.
Source Credit - https://finance.yahoo.com/news/hmp-senior-solutions-launches-expert-215300013.html