President Joe Biden’s recent executive order on “Promoting Competition in the American Economy” has, overall, 72 separate initiatives that it is looking to push forward. But one of the main ones takes on something that is very prevalent in home-based care, often from the executive level on down: non-compete agreements. Specifically, the executive order requests […]
Honor captured most of the headlines last week when the San Francisco-based company announced it had acquired Home Instead Inc., the international home care franchiser founded by Paul and Lori Hogan more than 25 years ago. Even as somebody who follows both Honor and the home care franchising world closely, this deal caught me off […]
Last year, CareLinx entered a new phase of its business with its entrance into the clinical side of home-based care. As a result, CareLinx saw major growth, which, in turn, made the company more attractive to prospective buyers. One of those interested parties has officially made a play for CareLinx. On Wednesday, Sharecare (Nasdaq: SHCR) […]
Since the onset of the COVID-19 emergency in early 2020, home-based care providers have had to navigate seemingly countless challenges around keeping both patients and staff safe. Providers are now gearing up to face a new and more aggressive strain of the coronavirus: the Delta variant. Among its major distinctions, the Delta variant is more […]
Non-medical home care was on the rise prior to 2020, as Medicare Advantage plans and health systems began investing more heavily around social determinants of health and activities of daily living. The COVID-19 pandemic, however, has arguably made home care the hottest corner of the senior care world. There are dozens of home care companies […]
The technology-enabled home care startup Honor has acquired one of the largest providers of personal home care in the country — Home Instead — in an effort to become the “default” provider of services for seniors in the U.S. The acquisition became effective Friday and financial terms of the deal were not disclosed. Together, the […]
Amedisys Inc. (Nasdaq: AMED) executives are still coming down from the excitement around closing the company’s market-moving acquisition of Contessa Health, a home-based care innovator dedicated to shifting higher-acuity care into the home. But along with big future plans for Contessa and its legacy segments, the Baton Rouge, Louisiana-based aging-in-place giant also continues to face […]
Addus HomeCare Corporation (Nasdaq: ADUS) has remained laser focused on one goal for some time now: building out all three of its home-based service lines in markets where it is already present. That requires a strategic and aggressive M&A strategy, which Addus has executed in the past year. It plans to continue making moves in […]
Home care hasn’t always had a reputation for great employee perks or benefits packages, but a handful of providers are beginning to change that. In other sectors, including the technology and startup worlds, perks like free daily meals, access to wellness programs and 401(k) matching, with stock options, are relatively common. Some home care operators […]
The home health industry reached a major legislative milestone on Thursday, with U.S. Sens. Debbie Stabenow (D-Mich.) and Todd Young (R-Ind.) teaming up to introduce a new bill to support in-home care alternatives to skilled nursing facilities (SNFs). Endorsed by the AARP and supported by a long list of home-based care advocates, the Choose Home […]
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