Business Briefs: 24Hr HomeCare Enters Into New Partnership
24Hr HomeCare and Partners in Care Foundation Form Partnership
The San Fernando, California-based nonprofit community organization Partners in Care Foundation has partnered with 24Hr HomeCare to create Partners24. The arrangement is a private label partnership that offers in-home care services such as assistance with daily living activities, according to a press release.
Patients of Partners24 will be able to receive care 24/7 by caregivers who are tailored to fit their individual needs.
Both companies, which have worked together in the past, have immense experience in transitional and long-term care.
Cardinal Health Expands in Home Health Care
Cardinal Health, a pharmaceutical and medical product distributor based in Dublin, Ohio, has entered into a definitive agreement to purchase Medtronic for $6.1 billion in cash, HME News reports.
Dublin, Ireland-based Medtronic’s business revolves around patient care, deep vein thrombosis, nutritional inefficiency as well as in-home care. There are 23 product categories across multiple markets throughout the world, but more than 70% of Medtronic’s total sales were in the U.S. at the end of October 2016.
“Given the current trends in health care, including aging demographics and a focus on post-acute care, this industry-leading portfolio will help us further expand our scope in the operating room, in long-term care facilities and in home health care, reaching customers across the entire continuum of care,” George Barrett, chairman and CEO of Cardinal Health, said in a press release.
Once the transaction is complete, Medtronic will become part of Cardinal Health’s medical segment led by CEO Don Casey.
The transaction is expected to close in the first quarter of the company’s fiscal year 2018.
Simione Healthcare Consultants Acquires Recruiting Firm
Two consulting firms that serve home care and hospice organizations— Simione Healthcare Consultants and Exact Recruiting—have become one. Simione Healthcare Consultants acquired Florida-based Exact Recruiting Solutions, according to a press release.
As part of the acquisition deal, Exact Recruiting Solutions will keep its brand as well as its president and founder, Eric Scharber. Scharber will serve as a principal at Simione and his team will also stay with the new company.
This acquisition marks the fourth location for Connecticut-based Simione Healthcare Consultants. In addition to the Florida location, the company also has offices in Massachusetts and California.
InSync Healthcare Solutions Partners with Homecare Software Company
InSync Healthcare Solutions, a provider of cloud-based health care solutions, has partnered with Virginia-based Caretime, which provides home health care software for consumer-directed in-home services and private pay, according to a press release.
With the partnership, home health care agencies will be able to submit claims quickly and maintain accuracy through Electronic Visit Verification (EVV) capabilities in InSync’s electronic medical record and practice software.
BrightStar Care Receives Home Care Award
BrightStar Care of Wilmington and Brunswick County in North Carolina recently received a 2017 Best of Home Care Leader in Excellence Award by Home Care Pulse, according to Wilmington Biz.
Other BrightStar locations also received the award, as well as various in-home care agencies throughout the country.
See the full list of agencies that received the Best of Home Care – Leader in Excellence award.
Written by Alana Stramowski