A SNF is a healthcare institution that delivers medically necessary skilled nursing care and rehabilitation services to patients following a qualifying hospital stay (Centers for Medicare & Medicaid Services [CMS], 2024). These facilities primarily provide short-term, intensive care for individuals recovering from illness, injury, or surgery, typically after being hospitalized for at least three consecutive days. With the passage of Medicare and Medicaid in 1965, the U.S. government formalized funding for SNFs, establishing federal standards for participation. This further accelerated the development of skilled nursing care as an essential component of post-acute care. As hospital stays became shorter due to cost-control measures and medical advancements, the demand for intermediate care settings surged. SNFs became a critical part of the continuum of care, providing rehabilitation, skilled nursing, and therapy services to patients recovering from surgery, strokes, and other serious conditions

Being an extremely complex disease with a wide variety of symptoms, dementia presents a significant challenge to healthcare systems and families close to those suffering. The symptoms far exceed expected cognitive decline from aging and affect functions such as memory, comprehension, learning capacity, and behavior. As a result, the current landscape of the dementia space is highly fragmented, making it difficult for patients to find care best-suited to their needs. Additionally, innovation in the space has traditionally been difficult with R&D for novel drugs remaining low through the years. Consequently, caretakers and families of a person who has dementia are largely unprepared compared to other diseases. With a wide variety of approaches to treat the disease at different stages, the economic impact far exceeds other diseases, but also presents a massive opportunity for improvement.

The trend of employers abandoning large insurance carriers for self-funded plans is becoming increasingly popular. This decision is often made in response to increasing premiums charged by larger national insurance carriers. Currently, 65% of covered employees are enrolled in a self-funded employer’s healthcare plan. Self-funded plans allow employers to have more control over healthcare costs and offer employees more personalized benefits. These self-funded plans come with various customized benefits, such as chronic disease management, musculoskeletal care, mental healthcare, and direct primary care. There are several companies, including point-solutions vendors, benefits brokers, and third-party administrators, that focus on providing services to these employers. These companies work together to ensure that employees receive quality care and effective benefits.