The senior living industry is gearing up for the rollout of CMS’ GUIDE model, set to revolutionize care for older adults living with dementia. The model aims to provide training for caregivers, around-the-clock support, and a new payment system for care coordination. This shift in approach has the potential to transform the landscape of dementia care, offering a new way to address the long-term needs of this population.
Senior living providers have an ‘excellent opportunity’ with GUIDE
Experts believe that the GUIDE model could be a game-changer for the industry, offering a new business model for senior living communities. With a significant portion of the Medicare population diagnosed with dementia, the need for long-term care services is clear. By 2040, it is projected that nearly half of older adults will be over the age of 75, emphasizing the urgency of addressing cognitive decline.
The core of the GUIDE model lies in care coordination and management for individuals with dementia, a novel approach that aims to expand access to services for this population. Memory care operators participating in the program have the opportunity to receive payments based on the complexity of care provided and the number of beneficiaries they serve.
Informing residents, being ‘proactive’ ahead of rollout
As the GUIDE model prepares for implementation, senior living providers must engage with residents and caregivers to educate them about the program. With a focus on comprehensive health assessments, medication management, ongoing care planning, and caregiver support, the GUIDE model presents a unique opportunity for providers to deliver high-quality care.
By being proactive in informing families and residents about the GUIDE model, senior living organizations can position themselves as leaders in dementia care. With the potential for transformative outcomes in the industry, it is essential for providers to be prepared and ready to embrace this new approach to memory care.
