LINDEMAN APPOINTED CHIEF OPERATING OFFICER OF CAREONE 

(FT. LEE, NJ – May 3, 2012) CareOne – A Senior Care Company today announced the appointment of Stuart Lindeman as Chief Operating Officer. In his new role, Mr. Lindeman will be responsible for the day-to-day operations of CareOne’s senior living and related health care businesses.

Mr. Lindeman has over twenty-five years’ experience in the senior living and health care industry. He began his career as a licensed nursing home administrator, and subsequently guided several large senior health care organizations through expansion periods.

Most recently he served as Senior Vice President of Operations at Revera Health Systems, a multinational provider of care and services for seniors and other clients, from 1999 through 2012. In that role, he spearheaded senior living acquisition efforts, IT initiatives, the development of an institutional pharmacy, strategies and programs which assisted in growing market share while he defined a culture of employee appreciation and customer satisfaction.

“We are excited to welcome Stuart to CareOne. His experience on the front line as an administrator of a nursing center, coupled with his strategic skills and executive experience, make him uniquely qualified to lead our company. We are confident that he will be able to build upon the strong foundation of clinical quality, dedication to excellence in patient care, and employee commitment that have defined the success of our organization so far” stated CareOne’s Executive Management Team in a statement released earlier today.

About CareOne

Headquartered in Fort Lee, New Jersey, CareOne and it’s related companies care for a combined total of more than 10,000 patients throughout nine states. More than 10,000 employees offer post hospital rehabilitative care, long-term care, assisted living, long-term acute care, home care and hospice. With an emphasis on strong operating principles, continuous quality improvement and employee engagement, CareOne is regarded as one of the most progressive health care providers in the senior living industry.

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FOR IMMEDIATE RELEASE                                        

April 23, 2012

Contact: Tim Hodges

732-213-5231

thodges@care-one.com

CAREONE TO PARTICIPATE IN ACCOUNTABLE CARE ORGANIZATIONS

Selected for First Three Medicare-Approved ACOs in New Jersey

(FT. LEE, NJ – April 20, 2012) CareOne, a leading provider of nursing and rehabilitative care, assisted living, long-term care and clinical specialty programs, has been selected to participate in the first three Medicare-approved Accountable Care Organizations (ACOs) in New Jersey.

ACOs are groups of doctors, hospitals and other health care providers who come together voluntarily to give coordinated high quality care to their Medicare patients. ACO participants share in incentives from Medicare for controlling health care expenditures. Last week the Centers for Medicare and Medicaid Services (CMS) announced approval of 27 ACOs throughout the United States, including the Atlantic Health System ACO (partnering with Valley Hospital), The Hackensack Physician-Hospital Alliance ACO and Optimus Healthcare Partners ACO in Summit, NJ. These three New Jersey entities care for approximately 90,000 Medicare members.

“CareOne and its partners have been leaders of a movement in health care for providers to work together for the best interest of the patient,” commented Tim Hodges, Chief Strategy Officer for CareOne. “Now this is being incentivized by Medicare. This can only lead to overall improved clinical outcomes and better communication with patients, their families and clinicians.”

CareOne will participate in the ACOs by collaborating with network physicians and hospitals to provide post-hospital care and rehabilitation services for patients recovering from such conditions as orthopedic surgery, cardiac care, diabetes and respiratory illnesses. By helping recovering patients prepare for their return home, CareOne will help minimize the chances that they will have to return to the hospital.

“The three entities approved as ACOs in New Jersey deliver exceptional care,” added Hodges, “and CareOne looks forward to advancing our clinical services together as we approach a new healthcare frontier.”

“CareOne will play an important role in this new healthcare delivery network,” added Dr. Jim Barr, Chief Medical Officer of Optimus ACO Health Partners. “The better rehabilitated patients can be after a hospital stay, the better the likelihood that they will be able to live at home independently and avoid returning to the hospital.”

ACO programs include the sharing of clinical practitioners across the health care continuum. For example, CareOne has been piloting “Care Navigators” over the past year who are Nurse Practitioners, Registered Nurses and Social Workers and who coordinate patient education, clinical care, and communication with each patient, their families and their primary care physician.

More information on Accountable Care Organizations can be obtained at the Centers for Medicare and Medicaid website at www.cms.gov. Information about CareOne can be found at www.care-one.com.

CareOne is a New Jersey-based Senior Care Company with more than 45 years of health care experience. CareOne operates 29 centers throughout New Jersey, including CareOne at Cresskill, CareOne at Morris, CareOne at Teaneck and CareOne at Hanover Township.

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N e w s R e l e a s e

NY JETS STAR RUNNING BACK SHONN GREENE
PUTS IN APPEARANCE AT CAREONE LIVINGSTON

LIVINGSTON, NJ, April 14, 2012—New York Jets’ star running back Shonn Greene put in a special appearance at CareOne at Livingston today, meeting with patients, employees, and their families to chat, sign autographs and pose for pictures. Over 100 fans, patients and their families and community members turned out to meet Shonn and root him on for the upcoming season.

 Greene, who has been with the Jets since 2009, played college ball for the University of Iowa where he led the Big Ten with 1,729 yards rushing, was the only running back in the country to average over 100 yards per game, and set school records for yards rushing in a single season. In his rookie year with the Jets, he helped push the team to within one game of the Super Bowl.

Active in the Going Greene Foundation, which helps young people struggling to overcome adversity, Shonn Greene was at CareOne to spread his personal message of hope and determination to the older generation: “No matter what your dream is, whether to write a book, start a business, or help a cause…don’t ever give up!” It was an inspirational and motivational event for the CareOne patients, who are receiving medical rehabilitation therapy, long-term care, and assisted living.

According to Filman Cooper, a CareOne patient recovering from knee replacement surgery “it was great to meet Shonn, I just came to CareOne yesterday for rehabilitation and it gave me a lift to meet a star NFL player.” Vicki Hayes, CareOne at Livingston’s Administrator said “it was really wonderful of Shonn to come here on his own time, our patients and families really enjoyed meeting him, many of who are huge Jets fanes.” Hayes continued, “We loved that fact that Shonn’s visit was multi-generational, everyone was excited from our elderly long term care and assisted living residents, to their young grandchildren and family members.”

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CareOne at Livingston—a premier provider of

post hospital rehabilitation, specialty clinical programs, long-term care and assisted living — offers unsurpassed patient care and comfort in a hotel-like setting. The accommodations ensure patients’ well-being and dignity, while the advanced services, seven-day-a-week rehabilitation, and experienced health care team offer first-rate, individualized care. Please visit our website for more information: http://care-one.com/locations/careone-at-livingston/

CareOne at Morris Assisted Living has added 16 apartments to their Parsippany Assisted Living Location to meet the expanded need for senior care services for Residents living throughoutMorrisCounty.

Originally built in 2003, CareOne at Morris Assisted Living has been operating at full capacity for the past 5 years.  Rated as one of the “Best of The Best” in the Assisted Living category by readers of the Daily Record, the community offers private, spacious apartment accommodations as well as health care services such as 24 hour a day assistance, nursing care, medication management and assistance with daily tasks such as dressing and bathing.

The community also features a large restaurant which offers breakfast, lunch and dinner for Residents, a movie theater, game room, beauty and barber shop, and several community rooms for entertainment and activities which are offered seven days a week.  Additionally, CareOne at Morris Assisted Living provides specialized services services for people living with Alzheimer ’s disease and related memory impairments in a separate and secure unit within the community. 

“The addition of our new apartments will provide greater access to the community for quality assisted living services” saidCatherine Olexa, Executive Director of CareOne at Morris Assisted Living.   Ms. Olexa stated that “ The unique services that we provide here is often the reason people choose us – being on the same campus of our nursing and rehabilitation facility enables us to offer every level of senior care in one location.”

The new apartments are now open for immediate occupancy and include one bedroom and studio apartments.  Ms. Olexa predicts that the units will be fully occupied by mid summer.  For pricing, a complete listing of services and amenities and information on transitioning to assisted living, call CareOne at Morris Assisted Living at (973) 463-5800.

Partners with Robert Wood Johnson University Hospital Visiting Nurses Program to Improve Patient Experience

CareOne, the Senior Care Company, today introduced its new Care Navigator program, designed to provide patients and families with enhanced communication, education and support throughout hospital stays, post-hospital care, rehabilitation, and follow-up home care.  The program, a partnership with the Robert Wood Johnson University Hospital Visiting Nurses Program, will improve both the patient experience and outcomes.

The Care Navigator is a licensed Nurse Practitioner, who establishes a relationship with patients and their families upon hospital admission.  The Care Navigator assists with the preparation of a medical health record that lists of all of the procedures, tests, medications and other details of the patient’s hospitalization, and provides education to help the patient and family understand the diagnosis and the next steps in care.

After discharge from the hospital, the Care Navigator follows the patient to the next care setting – whether that is post-hospital care and rehabilitation at a CareOne center or at home.  The Care Navigator assists patients and families with interpreting their plan of care, ensures that medications are reconciled correctly from the prior care setting, delivers additional education on the specific diagnosis, and reviews physician consults. 

“The patients and families I have worked with are very appreciative of the Care Navigator program,” commented Adrianna Luzzo, licensed Nurse Practitioner and Care Navigator for CareOne.  “Patients who have been hospitalized have many questions, and the process of recovery can be confusing and complex.  My role as a Care Navigator allows me to participate in the plan of care.  I can help the patient and family understand what is going on at any moment, from hospital admission to full recovery at home.”

Care Navigators can assist patients and families dealing with congestive heart failure, chronic obstructive pulmonary disease, diabetes, orthopedic care, stroke and many other conditions.

“The partnership between CareOne and the Robert Wood Johnson Visiting Nurse Program is a great example of how providers are being creative in offering a higher level of care and service to patients in our shared community,” added Tim Hodges, Chief Strategy Officer for CareOne.  “In an era when health care providers are being held accountable by patients, their families, insurance companies and others in the health care community, the Care Navigator program highlights what can be done to offer innovative solutions and better patient experiences throughout the continuum of care.”

For more information on the Care Navigator program, patients can call 877-99-CARE1 or visit www.care-one.com.

Planning for surgery can be overwhelming. That’s why at CareOne we have created our Concierge Orthopedic Program to take much of the worry out of your orthopedic care. Our Concierge Orthopedic Program features a specially designed program that handles all of your rehabilitation arrangements – from pre-surgery, right through to our world class therapy programs that CareOne has become famous for.

We have designed a program to let you focus on your surgery, while we take care of the details of your rehabilitation stay. The benefits of the CareOne Concierge Orthopedic Program include:

• Pre surgical reserving of patient rooms with choice and style of rooms

• Pre surgical visit to our center to meet your therapists and nurses

• In hospital consultation from a CareOne Care Transitions Specialist prior to coming to CareOne to ensure all medical information is transferred accurately

• Pre admission insurance clearance for your stay at CareOne

• Pre surgical orthopedic care information so that you understand your surgery, the rehabilitation process and pre surgical health information

• Coordination of follow up visits to and from your Orthopedic Surgeon’s office

• Pre-discharge home assessments as needed/requested prior to leaving CareOne

Additionally, CareOne offers therapy programs seven days a week at all of our locations, so there is no disruption in your recovery plan during your stay with us..

Call us today for more information at 877-99-CARE1 or visit our website at www.care-one.com and choose a location to contact and learn why more patients choose CareOne for post hospital rehabilitation care over any other provider in NJ*

*2010 – Health Care Market Resources

Please click  Here  for more information.

An Innovative Way To Finance Long-Term Care

These days, it seems as if almost everyone is dealing with caring for an aging parent.  More and more, conversations center on talking to doctors, putting up grab bars in thebathtub, and wondering if it’s time for Mom or Dad to move into an assisted living facility or a nursing home.

In addition to the emotional toll imposed by making difficult decisions, adult children who suddenly find themselves in a caretaker role are also grappling with the issue of how to pay for their parents’ care. While there are many possibilities, one is less feasible or appealing than the next. How to apply for Medicaid and does my parent qualify? Try to sell the house, even in this difficult market? Consider a complicated reverse mortgage?  Go through parents’ life savings, watching their hard-earned dollars drain away faster than they ever dreamed possible?

In the midst of the turmoil of this unexpected phase, there is good news: an existing life insurance policy can be used to pay for long-term care. The process is simple and straightforward. The owner of a life insurance policy has the option of converting it into a long-term care benefit at higher than the policy’s cash value and using it to pay for assisted living, nursing homes, and home health care. Hence, an abandoned and useless asset is turned into something of greater value, with attractive financial benefits for the individual and his or her family. Remarkably, a term life insurance policy – with no existing cash value – presents the opportunity to be used in the same way.

There are numerous advantages. First, converting the policy into a long-term care benefit will likely yield a sum greater than a policy’s surrender value.  There is no waiting period, with the entire conversion process taking about three weeks.  The process is undertaken by a specialized eldercare financial services provider who purchases the individual’s life insurance policy, converts it into a long term care benefit, pays the senior care facility and continues to pay policy premiums. 

Until recently, life insurance companies often failed to disclose the fact that life insurance policies offered this benefit.  They argued that policy owners would become confused if they were given too much information.  Instead, when aging policyholders contacted their insurance company to explain that they were having trouble making the payments, a common response would be that they had only two options if they didn’t pay their premium: surrendering the policy for its cash value or simply letting it lapse, and forfeiting the death benefit.

All that changed in 2010, when the National Conference of Insurance Legislators (NCOIL) passed the Life Insurance Consumer Disclosure Model Act, that will require life insurance companies in each state to inform policy holders, who are older than 60 or have a medical condition that is chronic or terminal, that there are other approved alternatives to simply surrendering their policy, including the right to convert an insurance policy into a long-term care benefit. To make the process of using an existing life insurance policy to finance long-term care, an innovative program has been developed to work with insurance companies to make the conversion smooth and effortless.

“Dealing with an aging parent is one of the most difficult challenges we come across, and it’s one that most of us are entirely unprepared for,” says Howard Chernin, Managing Director of Elder Care Financial Solutions in Hackensack, New Jersey, a company that provides the long-term benefit conversion service. “In the midst of this emotional and financial turmoil, we’re happy to use our expertise in dealing with big insurance companies.  Our goal is helping to ease the way for adult children of aging parents who are looking for a way to provide their loved ones with the best care possible.”

Coping with an aging parent is difficult enough.  Learning about ways to pay for the care that is needed is one of the best ways of keeping a trying situation from becoming even more stressful.

For More Information, Contact:

ElderCare Financial Solutions

21 Main Street

Suite 352

Hackensack, NJ 07601

201-518-1139

info@eldercarefinancialsolutions.com