Kris Engskov — an official in the Bill Clinton White House, a long-time executive with Starbucks and most recently president of senior living provider Aegis Living — is set to lead a new company in the home health care space. “COVID taught us how much can be done from home,” Engskov told Home Health Care […]
A partnership with senior housing and care provider Eskaton prompted tech-forward home care company Honor to accelerate its transition to a management model based on teams focused on specific geographic areas. A year in, that model has positioned Honor for further partnerships with large-scale organizations, and Eskaton has seen a revenue boost expanded into new […]
Retail giant Best Buy (NYSE: BBY) turned heads in August 2018 when it purchased GreatCall — a company that develops and sells smartphones, medical alert devices and other technology products designed to support older adults’ ability to age in place — for $800 million. At the time, the major investment was billed as a way […]
Senior living providers in the United States believe that their business model could be significantly disrupted by the trend toward older adults aging in their own homes, which is being enabled by new technologies. This was a key finding of “The State of Senior Living: An Industry Grappling with Autonomy,” a new report from architecture […]
Under Julie Smith’s leadership, Homewatch CareGivers has transformed from being a family owned home care franchisor to being backed by private equity — but that only tells part of the story. The company — which encompasses more than 190 locations — was acquired by Authority Brands, a portfolio company of PNC Riverarch Capital, in 2017, […]
A proposed change to the nation’s immigration policies could spell further trouble for home care providers that are already facing steep workforce challenges, according to the National Association for Home Care & Hospice (NAHC). In September, the Trump Administration put forward a proposal that would change the so-called “public charge rule.” This change would broaden […]
Brookdale Senior Living (NYSE: BKD) should split into two entities, activist investor Land & Buildings said in an open letter released Monday. Under the proposal, Brookdale would create a real estate investment trust (REIT) for its owned properties and a separate public company for its management business, including its ancillary services division that includes home health. […]
Humana (NYSE: HUM) could be close to creating an “end-to-end health care experience for American seniors,” supported by its Kindred at Home ownership and a potential joint venture with Walgreens Boots Alliance (NYSE: WBA). That’s according to a Nov. 20 note from Leerink analysts; the note was issued after a Wall Street Journal report that […]
It’s been nearly one year since Steve Greenbaum became CEO of ComForCare. In that time, he has zeroed in on differentiating ComForCare from competing home care franchise companies. As part of this effort, he is helping to build a platform of senior-focused franchise brands under ownership of private equity firm The Riverside Company. Greenbaum is […]
A Medicaid program in California is increasing access to palliative care services in people’s homes. For about a year, home-based palliative care has been a mandated benefit in California’s Medicaid program, Medi-Cal. Most Medi-Cal beneficiaries are enrolled in managed care plans that contract with agencies that provide these palliative care services, according to a Next […]
Subscribe
Receive industry updates and breaking news from HHCN