October 2, 2024 - HumanGood, the nation’s sixth-largest not-for-profit provider of senior housing and services, has joined Perennial Consortium, LLC, the parent company of Perennial Advantage, a network of Medicare Advantage plans.
This strategic collaboration of industry experts will enable both HumanGood and Perennial Consortium, LLC to improve operational efficiencies and continue to provide high quality and innovative senior care. This concerted effort increases access to top tier value-based care to an expanded network of senior living residents across the care continuum.
John Cochrane, President and Chief Executive Officer of HumanGood, was recently appointed to Perennial Consortium, LLC’s Board of Directors. “I am excited to join the Perennial board,” said John Cochrane, President and CEO, HumanGood. “By coming together with Perennial, we can help grow our mission impact to inspire the best life for more residents and families.”
HumanGood joined Perennial on August 21, 2024, when HumanGood purchased Christian Living Communities’ shares in Perennial Consortium, LLC. Christian Living Communities looks forward to shifting their focus to their concentrated Colorado market, where they remain an owner of Perennial Advantage of Colorado, Inc.
“The addition of HumanGood to the small but committed group of owners of Perennial Consortium, the parent to the various Perennial Advantage state MA plans, is a tremendous opportunity for Perennial to expand its geography and resident markets. At the same time, they will continue to grow and foster our steadfast dedication to driving benefit programs which are most responsive to senior living residents and in so doing, permit senior living communities a means to capture the incredible value they create for older adults and the American Health Care System. John Cochrane, HumanGood’s CEO will join the board of Perennial Consortium. John brings a distinguished track record in industry leadership and innovation. We trust he will bring new ideas that will further enrich the offerings Perennial currently provides. It is that collectively held creativity and drive to benefit older adults that has allowed Perennial’s plans to model benefits like care coordination at the community level and more recently, rent subsidies that we believe will become common to other MA plans over time,” said Lynne Katzmann, Founder and CEO of Juniper Communities.
This marks a significant opportunity for growth potential for both HumanGood and Perennial Consortium, LLC.
About Perennial Consortium, LLC
Perennial Consortium, LLC is a parent entity of both Perennial Advantage of Colorado, Inc. and Perennial Advantage of Ohio, Inc. Perennial Consortium, LLC was formed in 2019 when three prominent senior living providers Christian Living Communities (Englewood, Colorado), Juniper Communities (Bloomfield, New Jersey), and Ohio Living (Columbus, Ohio), and managed services partner and risk management company Curana Health joined forces to form Perennial Advantage, an operator-owned Medicare Advantage (MA) network.
The Perennial Advantage mission is to provide better outcomes, greater satisfaction, and contained healthcare costs by re-orienting the provision of healthcare services to preventive lifestyle and chronic care management in residential care. Perennial Advantage is currently available in Colorado and Ohio servicing residents in over 48 accredited locations.
Learn more at perennialadvantage.com
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