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Published byErnest Page Modified over 8 years ago
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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 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.
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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
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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
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Funding for Longwood at Home $538,000 loan from Presbyterian SeniorCare $1,500,000 limit on intercompany liability & debt As of June 30, 2007, the loan was paid in full…plus interest!
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Longwood at Home Number of Members
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Longwood at Home Underwriting Total Applications Received 529 Financial Denials 3 Medical Denials 126 Depositor/Member Withdrawals 79 Member Deaths 49 Depositor Deaths 2 Net members 270
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Member Profile
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Longwood at Home Plan Entrance & Monthly Fees
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Longwood at Home Increase in Net Assets Year Increase 2003$(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
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Longwood at Home Member Plan Distribution Plan Percent of Members in Each Plan Platinum24% Gold43% Silver3% Bronze28% Sterling2%
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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
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2013 Care Management Costs
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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.
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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
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Referrals from Virtual CCRC Connections Across Continuum QQ Traditional CCRC Skilled Facility Private Duty Personal Care Senior Housing
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