Chicago, IL (July 20th, 2016)
Birchwood hosted its first annual operator conference in Chicago on July 18th and 19th. Approximately 40 people representing Birchwood and six of its operators gathered in Chicago to discuss a variety of challenges and opportunities facing the senior care industry.
One major focus of the discussion was improving care and preparing for alternative payment models and bundled payments in our 18 markets, which span 5 states. Our keynote speaker was David Gifford, Senior VP for Quality & Regulatory Affairs at the American Health Care Association. David gave an excellent talk on quality-based reimbursement.
Other topics included national vendor pricing, data analysis for improving care, physical plant maintenance and strategy, customer service monitoring and improvement, strategies to reduce staff turnover and improve performance, and group purchasing organization strategies.
The Birchwood portfolio consists of 18 facilities and 2 ancillary companies in 5 states with 6 operators.
Birchwood HCP is a Chicago-based health care real estate private equity firm with a primary focus on senior housing and nursing home assets. With deep industry relationships, access to capital and entrepreneurial structuring capability, Birchwood intends to capitalize on the highly fragmented and dynamic nature of the industry through ongoing acquisitions and development.