M&A and Financing Newsflash: Homewatch CareGivers Expands, CorLife Adds Home Health Company

Homewatch CareGivers has made a string of new business announcements related to location ownership and franchise expansion.

Greenwood  Village, Colorado-based Homewatch Caregivers provides home-based care services for seniors, individuals with developmental and physical disabilities, and those who recently underwent surgeries. Homewatch Caregivers has more than 200 franchised units across 34 U.S. states, as well as in Canada, Central America and South America.

The Homewatch CareGivers agency serving Charlotte, North Carolina is now under new ownership, with Mike Riley taking over as owner, according to the home care franchise company. Riley enters home care franchising with business experience in logistics and supply chain management.


Besides the ownership news, Homewatch CareGivers announced that it is expanding by opening up a new location to serve clients living in Morris County, New Jersey. Homewatch CareGivers of Morris will be owned and operated Puja Lal, Julie Rastogi and Peeyush Agrawal. Both Lal and Rastogi enter franchising with previous business ownership experience.

In addition to the new Homewatch CareGivers location, Lal owns a contemporary Indian cuisine restaurant located in Jersey City, while Rastogi’s entrepreneurial background includes a Denville-based boutique opened in 2013.

Homewatch CareGivers is also opening up another new location in in Rock Hill, South Carolina, to serve the residents of York County. Shawn Smith will be the owner of Homewatch CareGivers of Rock Hill. Smith, a combat military veteran, enters franchising with experience in operations and sales.


CorLife Adds Home Health Company to Brand Portfolio 

CorLife LLC, a provider of ancillary benefits and home modification services for workers’ compensation carriers nationwide, has added a new home health company to its brand portfolio, according to Insurance Journal. The company — CorCare — provides a varsity of skilled nursing, therapy, translation and transportation services.

CorCare currently partners with more than 5,000 in-network providers. Green Bay, Wisconsin-based CorLife’s other affiliated companies include CorSupply, a medical supply company, and CorHome, a home modification company.

CorCare was developed to fill “a much needed gap” in current service offerings in home health for workers’ compensation carriers, according to CorLife. CorCare helps with communication, documentation and scheduling for home health care.

All CorCare partners are licensed, insured and accredited.

Home Health Agency to Merge with Regional Provider

Miles and St. Andrews Home Health & Hospice is merging into MaineHealth Care at Home. The merger is planned for Oct. 1, 2018, according to the Wiscasset Newspaper.

Miles and St. Andrews Home Health & Hospice, launched in 20007 when Miles Health Care and St. Andrews Hospital teamed up, will reportedly continue offering its home care services as a regional office of MaineHealth Care at Home. The Maine-based provider will maintain offices in the Damariscotta region, serving resident of Knox, Waldo and Lincoln counties.

“These are challenging times for home care providers,” Kathy Bean, executive director of Miles and St. Andrews Home Health & Hospice, told the Wiscasset Newspaper. “Labor force shortages mean agencies like ours are frequently short-staffed. We believe this merger will not only make us part of a larger pool of clinical staff, [but will also] increase efficiencies during a time of reduced reimbursement from government payers such as Medicare.”

The not-for-profit MaineHealth Care at Home offers a full range of community health and wellness programs throughout its service area of York, Cumberland, Lincoln, Knox, Waldo, Sagadahoc and southern Oxford counties. Its hospice services are offered throughout Knox, Waldo and Lincoln counties with short-term hospice care and respite services at the Sussman House, a hospice facility located in Rockport, Maine.

MaineHealth Care at Home is a member of MaineHealth.

Written by Robert Holly

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