CHAPa will be an integrated post-acute care delivery system aiming to improve health outcomes, increase patient satisfaction and reduce the cost of care, according to the report.
“It’s really a partnership of all of these organizations as they look to navigate relationships with future accountable care organizations,” Covenant Chief Strategy Officer Rebecca Neth Townsend told Senior Housing News.
Covenant, which operates an existing post-acute integrated delivery system, with 91 senior care facilities in four states, will primarily serve as a third-party resource, according to the report. Streamlining purchase patterns for products and services will likely cover the cost of the joint venture, according to Covenant.
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