McKnight's Podcast

Revolutionary times: ‘Blow up’ today’s nursing home model, plus NYC’s first CCRC

Episode Summary

New York City is finally welcoming its first life plan community, and providers around the country have a lot to learn about the process to create it — and the eye-popping array of amenities and services it’s going to offer. It’s liable to be not only the first but also the last of its kind, believes Daniel Reingold the president and CEO of RiverSpring Health. He may be right. But Reingold’s most radical comments center on his hope for today’s nursing home format: “Blow it up,” he says, in all earnestness. “Evolution is off the table.” Consumers hate it, the government hates it and business managers, especially on the nonprofit side, all hate it, he observes. He explains what three kinds of nursing homes should continue to exist and also offers tangible suggestions on how to convert the others in this provocative conversation with McKnight’s Executive Editor James M. Berklan as part of the McKnight’s Newsmaker series.

Episode Notes

After much wrangling, RiverSpring Health is bringing New York City its first, and possibly last, continuing care retirement community. The man set to lead it, RiverSpring President and CEO Daniel Reingold, sees a great future for the baby boomer-focused addition to the vast array of other RiverSpring offerings. Meanwhile, he wants nothing but subtraction and destruction for the way the typical nursing home does business. “Blow it up,” he says in this McKnight’s Newsmaker podcast moderated by McKnight’s Executive Editor James M. Berklan.

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