Wednesday, October 9, 2013
Last week, Scott Townsley, Esq., of the business consulting firm CliftonLarsonAllen, was a guest speaker at Penn State Law's Elder Law class. Scott has often shared his deep experience with law students and practicing lawyers, speaking from the care providers' perspective, including drawing upon his work with CCRC operations. I always learn something new when I hear him! This year, his presentation included the latest on a developing concept, "Continuing Care at Home." And of course, in the tradition of long-term care, we have a new acronym, CCaH. Financing on this type of option is different than merely hiring individuals to work as caregivers in the home on an hourly basis, and involves (from my understanding) a two-part fee structure that contemplates an ongoing relationship.
For details on this interesting concept, including FAQs, see the white paper by Scott and his colleague Sarah Spellman, "Continuing Care at Home: Evolution, Innovation, and Opportunity."
I'd love to see an example of the type of contract used for CCaH. Of course, that might be because I also teach Contracts courses!