Welltower, Johns Hopkins partner for quality outcomes

Welltower is investing in seniors.

The real estate investment trust announced a “strategic collaboration” with Johns Hopkins Medicine to create and promote innovative care for seniors

“We see our healthcare real estate platform as delivering value well beyond brick and mortar,” said Thomas J. DeRosa, Welltower’s CEO on a conference call with investors and analysts. The announcement was made before the company shared its fourth-quarter and full-year 2016 financial results.

The partnership will initially focus on initiatives to improve quality outcomes in assisted living and memory care, educational programs for both patients and caregivers and share latest research findings and best practices as the industry moves toward broader outpatient subacute, post-acute and specialized senior care networks.

“In order for this transition to be successful, real estate needs to have a seat at the table,” DeRosa said. “A key element of Welltower’s strategy is to be the partner of choice for the major academic and regional health systems across the U.S. As they invest in building more advanced and robust outpatient networks, we intend to be their partner and connect our leading senior, dementia and post-acute care platform to these systems to help them better manage their patient populations.” 

Topics: Clinical , Executive Leadership , Leadership