Adviser LeadingAge New York Summer 2015 July 2015 | Page 4

Greetings Change is Inevitable According to Greek philosopher Heraclitus, “The only thing that is constant is change.” In the aging field, this means that as times change, we must reinvent ourselves to remain relevant. Mission-driven organizations may have the advantage over their profit-driven competitors because historically they’ve had to be flexible and willing to experiment to stay true to mission and remain relevant as conditions like societal norms or funding change. Having the right tools and having tested new ideas in a smaller arena are keys to being able to change quickly as conditions warrant. The Balancing Incentive Program (BIP) Innovation grants have been a timelimited means to test some new ideas. New York State has been awarded enhanced federal Medicaid matching funds to implement the BIP. As part of the award, the State has made available $47 million in BIP Innovation Fund grants to providers of community-based long term care services and supports. In this issue, LeadingAge New York public relations consultants, Steve Greenberg and Bob Bellafiore, checked in with seven LeadingAge New York members or affiliates who have implemented a demonstration project under BIP to see what type of The Balancing Incentive Program (BIP) Innovation ideas are being tested, what has worked well, what grants have been a time-limited means to test they have learned and what they’d tell the State if asked. some new ideas. New York State has been awarded As always Adviser is packed with information from Endorsed Vendors and Business Partners that offer new ideas, cost saving strategies and support in transitioning to new ways of doing business. Parker Jewish Institute for Healthcare and Rehabilitation and Custom Computer Specialists off