Synergy Home Care continues to set the pace in the home care industry, marking its fifth consecutive year as the fastest-growing franchise in the sector. CEO Charlie Young attributes this remarkable success to a strong commitment to franchisee support, strategic execution and a deep understanding of the evolving market demands. With a focus on creating […]
For the last few weeks, we’ve been busy covering the earnings calls of at-home care companies, which have revealed some key trends that providers are facing as they head into Q2. Specifically, Addus HomeCare Corporation (Nasdaq: ADUS), Enhabit Inc. (NYSE: EHAB), The Pennant Group (Nasdaq: PNTG), BrightSpring Health Services (Nasdaq: BTSG), Aveanna Healthcare Holdings Inc. […]
In its 50th year in operation, Bayada is laser-focused on organic growth, developing its workforce and enhancing relationships within the communities it serves. From its beginnings as a family-owned business in Philadelphia, Bayada has grown into a global home health care company with over 33,000 employees in 22 states and six countries. In 2024, they […]
Whether it’s helping frontline workers become franchise owners, or launching a leadership development program — Nurse Next Door is investing in empowering future leaders that will strengthen the entire company. Vancouver, Canada-based Nurse Next Door is a home care franchise system that operates in the U.S., Canada, Australia and England. As an organization, the company […]
For once, most representatives from both parties agreed that action is necessary. “I was encouraged by the engagement from lawmakers on both sides of the aisle,” Empath Health CEO Jonathan Fleece told me in an email after the March 11 hearing, at which he testified. “There was real recognition that home-based care is not only […]
In December 2024, BrightStar Care Founder Shelly Sun Berkowitz was within 10 days of closing a deal to sell the company, when she decided to step away. “It just didn’t feel right,” she told me this week. “I didn’t feel like I was going to have the voice I wanted to have, I didn’t feel […]
The ongoing budget wrangling on Capitol Hill has centered largely around potential cuts and changes to Medicaid, prompting pushback and concern about potential effects on home-based care. “Our members will not support any policies that reduce access to essential home and community-based services for eligible individuals,” the National Alliance for Care at Home (the Alliance) […]
This week brought some big news in the at-home care space, with the acquisition of BrightStar Care by a private equity firm. The deal is not the only PE-driven transaction to make headlines this year, with other examples including Renovus Capital Partners’ investment in Superior Health Holdings and Levine Leichtman Capital Partners’ acquisition of SYNERGY […]
While many other retail giants have pulled back on their recent forays into health care, Best Buy (NYSE: BBY) is continuing to push forward though its Best Buy Health business – with home-based care being a cornerstone of the strategy. Last week, health care leaders from Baptist Health South Florida and Mass General Brigham appeared […]
Some home-based care organizations are looking to a different model of care to fill a longstanding gap by introducing short-hour care models that aim to provide as-needed care to relatively independent seniors and individuals with disabilities, who often prefer to stay in their homes rather than move into care facilities. Hiring a caregiver for short […]
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