Tom Stofac, CEO was recently interviewed and quoted in an article by the U.S. News and World Report concerning bringing services into the homes of those who need them.
"Senior communities have been hammered by an extended recession, depressed real estate values, and changes in healthcare reimbursement rules. Now, communities throughout the country are exploring new business models and exporting their skills and services to individuals who decide, through choice or necessity, to continue living in their own homes.
The changes often aren't the stuff of dramatic news headlines. But their cumulative effect, many participants feel, will amount over time to a revolution in the way health and wellness services are provided to the nation's rising population of older citizens. The delay or even overturning of the health reform law will influence only the timing of this shift. Its inevitability is driven by the need to find more cost-effective ways to help surging elderly populations, enabled by electronic health technologies.
"What we are doing now is beginning to transform ourselves from a senior living services company to an aging services company," says Tom Stofac, chief executive of Ohio Masonic Home in Springfield. "We want to..."
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