Welltower, CareMore collaboration aims to position senior living as low-cost care setting of choice in healthcare system

Welltower on Friday announced an effort to further position senior living as a low-cost care setting of choice within the nation’s healthcare system.

The Toledo, OH-based real estate investment trust will collaborate with Anthem subsidiary CareMore Health to try to improve care and outcomes while reducing the total cost of care for residents of some of the senior living communities in the REIT’s portfolio. Specifically, Welltower said, CareMore’s clinical programs and onsite care models will be integrated at Belmont Village and SRG Senior Living independent and assisted living communities in Los Angeles and Orange County, CA.

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