Care Advantage Continues to Scale by Acquisition; BrightStar Eyes New Markets

Care Advantage acquires Allegiance Home Care Care Advantage Inc. has acquired Allegiance Home Care, marking the 51-year-old home health provider’s 10th acquisition since it received private equity backing in January 2017. Financial terms of the deal were not disclosed. Richmond, Virginia-based Care Advantage, which is backed by New York-based PE firm BelHealth Investment Partners, provides […]

Thrive: BrightStar Agency Making Its Mark with Virtual Dementia Training

Thrive is an HHCN series that explores the successes, struggles and strategies of home care owners and operators on the local level. The number of American seniors with Alzheimer’s disease is on the rise, with about 5.5 million people over 65 affected. By 2025, that number could reach 7.1 million, up nearly 29%, according to […]

BrightStar, FirstLight, Right at Home Among Best Low-Investment Franchises to Buy in 2019

BrightStar Care, FirstLight HomeCare and Right at Home are three of the best low-investment franchises to buy right now in the U.S., according to Forbes, which recently released its latest “Best and Worst Franchise” list.  To create its new top-franchises list, Forbes teamed up with Arlington, Virginia-based market research and consulting firm FRANdata to take […]

Home Instead Joins Employee Caregiver Benefit Conversation

Even though more and more companies have started to offer employee caregiver benefits, home care agencies aren’t always part of the equation. For example, companies like Starbucks (Nasdaq: SBUX) and Best Buy (NYSE: BBY) have turned to Care.com, a move that’s generated criticism from some industry leaders. They say verified home care providers — rather […]

HCAP Partners Invests in Mission Healthcare, Nova Leap Completes Home Care Acquisition

HCAP Partners invests in Mission Healthcare In the midst of growing interest in the home health care space from private equity investors, HCAP Partners has invested in Mission Healthcare. Investment terms were not disclosed. Mission Healthcare — which has more than 600 employees — is a San Diego-based home health and hospice services provider with […]

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 […]

Right at Home, Lifesprk Share Opposing Strategies to Winning Partnerships

As the health care industry continues to move toward value-based payment, at-home care providers have more opportunity to shine than ever before — with players across the continuum taking notice. Leveraging unique data and capitalizing on differentiators are key to catching the attention of potential partners, experts say. In 2018, mergers and acquisitions within the […]

Senior Helpers, Home Helpers, VNSNY Navigate Industry Headwinds

Despite the growing demand for in-home care, operating home care and home health agencies has never been more complex. Workforce and regulatory challenges are largely to blame — but the roadblocks are not insurmountable, industry leaders say. Executives from some of the largest home-based care organizations in the U.S. identified their top headwinds — and […]