Visiting Angels, FirstLight Home Care and six other home care companies have been ranked among the 200 best franchises to buy in 2019. That’s according to a list compiled by Franchise Business Review, a market research firm that focuses on satisfaction and performance in the franchise industry. From June 2017 to November 2018, the firm […]
Home care giant ComForCare has announced the creation of a new platform company to unify its brands. Going forward, Best Life Brands will encompass ComForCare, fellow home care franchise company At Your Side, senior placement organization CarePatrol and any future acquisitions. Owned by New York-based private equity firm Riverside Company, ComForCare operates on a franchise […]
Using a virtual reality headset and the story of a veteran with lung cancer, a Los Angeles-based company is showing caregivers what it’s like to die in hospice care. The goal of the simulation, created by Embodied Labs, is to bring new dimensions to employee training. “People will say, ‘Oh, so you’re teaching empathy, right?’ […]
The home health and hospice industries are expected to see significantly more mergers and acquisitions in 2019 than in years past. The growing popularity of lower-cost, value-based care and other factors are largely to thank. That’s according to Norwalk, Connecticut-based market intelligence firm Irving Levin & Associates, which collects and studies M&A data. The boom […]
Now is a better time than ever for home health agencies, hospice providers and other organizations to invest in and grow their home-based palliative care offerings. Yet certain barriers may still be holding them back. Although need for palliative care is skyrocketing, common barriers to entry include sustainable financing and quality standards. While restrictive, those […]
A judge has ordered the Texas Health and Human Services Commission (HHSC) to accept telemonitoring reimbursement requests from home health providers, who claim the agency has failed to do so since the beginning of the year. That’s according to the Austin American-Statesman. Previously, Home Health Care News reported on the four home health companies behind […]
A group of home health agencies is suing the Texas Health and Human Service Commission (HHSC) for allegedly halting reimbursements for telemonitoring services. The agencies claim they will go out of business and deprive Texans of necessary care if the court doesn’t step in. Unidos Healthcare LLC; Corazon Health Care Services LLC; Cleveland Health Care […]
Humana Hires New CMO Humana (NYSE: HUM) has appointed a new chief medical officer. Dr. William Shrank will take the reins April 1, as current CMO Dr. Roy Beveridge transitions to retirement later in the year. Beveridge will stay on for several months after Shrank steps in to ensure a smooth transition, according to Humana. […]
Last week’s Consumer Electronics Show (CES) in Las Vegas was dominated by home health devices. One example, which showcases the increasing consumer and investor interest in at-home monitoring, is CarePredict. The Florida-based health tech startup raised $9.5 million in Series A funding and has rolled out a new direct-to-consumer product, unveiled at CES. The in-home […]
Interim HealthCare Inc. beat out its competitors to top Entrepreneur’s Franchise 500 Rankings in the senior care category. On last year’s list, Interim ranked below Right at Home, Nurse Next Door, FirstLight Home Care, Visiting Angels and BrightStar Care. Since 1980, the annual list has evaluated the strength of franchise opportunities in industries across the […]