Transactions: Trinity Health Makes MercyOne Deal Official; Canyon Home Care & Hospice Expands Reach

TrinityHealth officially acquires MercyOne TrinityHealth, a faith-based nonprofit health system, has completed its acquisition of MercyOne Health. The Michigan-based health system agreed to purchase MercyOne in April from CommonSpirit Health, a joint operating agreement between Trinity Health and Catholic Health Initiatives. “With MercyOne now fully part of Trinity Health, we are a stronger and more […]

Transactions: Riverside Invests in Executive Care; Charter Buys Silver Linings Hospice Care

Executive Care finds new backer Home care provider Executive Care recently received an investment from global investment firm The Riverside Company. The financial terms were not disclosed. Hackensack, New Jersey-based Executive Care is a private-pay personal care company that operates a network of 13 franchise locations and offers a plethora of services, including companionship, homemaking, […]

Executive Care CEO Building Franchise ‘One Client at a Time,’ Sniffing Out SNF Partnerships

Since co-founding Executive Care with his wife Mila 15 years ago, CEO Lenny Verkholglaz has led the Hackensack, New Jersey-based home health care franchise toward consistent growth in an industry that is grappling with how to recruit and retain home care workers. Today, the private-pay in-home care company has over 20 locations across more than […]

Home Care Executive Forecast: 2019 Trends, Challenges, Opportunities

From an ongoing labor crunch to evolving Medicare Advantage opportunities, U.S. home care providers face numerous challenges but also exciting opportunities heading into 2019. Many private-duty players anticipate tech investments and increasing integration with the overall health care system, as revealed in these forecasts from CEOs and upper level executives. In 2019, older adults and […]

LHC Group, LifePoint Acquire Two Home Health Agencies; Executive Care Expands

LHC Group, LifePoint Health Expand Partnership Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG) is building one of its key joint ventures. On Monday, LHC Group and health network LifePoint Health announced that the companies have finalized two transactions to purchase and share ownership of a pair of home health organizations. They include Hickory, North Carolina-based Guardian […]

Third-Party Referral Sites Help Boost Early-Stage Home Care Agencies

Third-party referral sites are simple marketing tools that can generate leads for home care agencies, but some agencies say that these third-party sites are best for early-stage companies and can become too expensive in the long run. Referral sites like Caring.com, Aging Care, Home Advisor, Care In Homes and A Place for Mom have continued to capitalize on […]

How Family Members Can Become MVPs on Home Health Care Teams

Family caregivers can be a vital part of an overall home health care strategy, especially as more baby boomers begin to age and the in-home care industry continues to deal with labor shortages. Already, some acute care providers are engaging more with patients’ family members to help educate them about follow-up care in the home, […]

Amedisys Expands in Kentucky, Executive Care Enters Virginia

Catch up on the latest business deals shaping the home health and personal care industry: Amedisys Adds Coverage Area in Kentucky Baton Rouge-based Amedisys Inc. (Nasdaq: AMED) has acquired the right to operate in 10 counties in western Kentucky from Christian Care Communities, the state’s largest faith inspired provider of senior living, long-term care and […]

Amazon Lures Workers from Home Care

As one of the biggest companies in the world, Amazon’s (Nasdaq: AMZN) interest in the health care space has led to speculation about how the retail giant could disrupt the industry. However, Amazon is already having an impact on in-home care providers by stealing away potential caregivers as hires in its massive distribution centers. Amazon’s expanding […]