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Presbyterian SeniorCare  Not-for-profit, faith-based organization established in 1928  Largest provider of senior living and long-term care in western.

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Presentation on theme: "Presbyterian SeniorCare  Not-for-profit, faith-based organization established in 1928  Largest provider of senior living and long-term care in western."— Presentation transcript:

1 Presbyterian SeniorCare  Not-for-profit, faith-based organization established in 1928  Largest provider of senior living and long-term care in western Pennsylvania  A continuum of 56 senior living communities and/or programs at 44 locations across 10 counties of western Pennsylvania.  First in Pennsylvania to earn accreditation as an Aging Services Network (CARF-CCAC) and third in the U.S.

2 Presbyterian SeniorCare (PSC) Longwood at Oakmont (Traditional CCRC) LO PSC at Home Private Duty Traditional Nursing Homes Traditional Personal Care Homes Senior HousingManaged Care Virtual CCRC Presbyterian SeniorCare Overview

3  First and only CCaH in Western PA  A 501(c)(3) not-for-profit, faith-based organization  Licensed by Pennsylvania Department of Insurance as a CCRC in November 2002  Guarantees life-long commitment to provide services in home or facility  Enrolled 342 members to date  Currently 270 active members  Affiliate of Presbyterian Senior Care

4 Funding for Longwood at Home  $538,000 loan from Presbyterian SeniorCare  $1,500,000 limit on intercompany liability & debt  As of June 30, 2007, the loan was paid in full…plus interest!

5 Longwood at Home Number of Members

6 Longwood at Home Underwriting Total Applications Received 529 Financial Denials 3 Medical Denials 126 Depositor/Member Withdrawals 79 Member Deaths 49 Depositor Deaths 2 Net members 270 

7 Member Profile

8 Longwood at Home Plan Entrance & Monthly Fees

9 Longwood at Home Increase in Net Assets Year Increase 2003$(626,295) 2004$(238,729) 2005$(33,288) 2006$21,209 2007$362,968 2008$259,207 2009$190,356 2010$316,578 2011$195,775 2012$275,846 2013$449,037

10 Longwood at Home Member Plan Distribution Plan Percent of Members in Each Plan Platinum24% Gold43% Silver3% Bronze28% Sterling2%

11 Longwood at Home Provider Contracts  13 Skilled Nursing Facilities  7 Personal Care Facilities  1 Specialty Dementia Facility  1 Adult Day Care  22 Private Duty Agencies

12 2013 Care Management Costs

13 Tax Deductibility of Medical Expenses For the year 2013, eighty-six (86%) of each monthly service fee paid by Longwood at Home residents may be allocated as a medical expense. In addition, a portion of the entrance fee is deductible as a medical expense.

14 Opportunities for Presbyterian SeniorCare from Longwood at Home  21 Members moved to our CCRC – Longwood at Oakmont  $136,000 payment to our private duty agency, Presbyterian SeniorCare at Home in 2013  58 skilled admissions  15 personal care admissions  Weekly outside referrals to our skilled, personal care, CCRC, housing and private duty from inquiries that are not appropriate for membership

15 Referrals from Virtual CCRC Connections Across Continuum QQ Traditional CCRC Skilled Facility Private Duty Personal Care Senior Housing


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