Landmark Health and Blue Shield of California are expanding a tag-team home care program launched earlier this year for patients with complex health issues and multiple chronic conditions. Blue Shield of California and subsidiary Care1st Health Plan have been collaborating since April with Landmark Health, an in-home medical company with private equity backing, as part […]
Fortune’s first-ever list of the top 50 workplaces in the aging services sector officially dropped on Thursday, giving several home-based care providers a chance to shine and flaunt their company culture. Care Indeed, Cherished Companions Home Care and 24Hr HomeCare are among the non-medical home care companies to make 2018’s top workplaces list, compiled by […]
The number of people living in the U.S. with Alzheimer’s disease or dementia is expected to double over the next four decades, new research from the Centers for Disease Control and Prevention (CDC) has found. To prepare for that rising wave, many home care agencies have started investing in specialized business lines entirely devoted to […]
Thanks to heightened interest from private equity buyers and companies’ efforts to diversify business operations, 2018 has seen an acceleration in the number and size of home health, hospice and personal care transactions. The hot market should continue going forward, although the new home health payment model and sky-high valuations raise some questions about what […]
Assisted living and home care providers frequently form close partnerships to help seniors age in place. Working within an assisted living community presents significant business upside for home care agencies, but successfully establishing and maintaining those connections can often be difficult. Leaders from two Midwestern assisted living communities provided insight into how and when they […]
There’s never been a hotter time for the buying and selling of home health, home care and hospice agencies. Indeed, for the first time in more than a decade, all three industries are selling at relative high valuations, analysts point out. There are several contributing factors for the booming M&A landscape, strong borrowing rates, a […]
Several home care companies are among the fastest growing U.S. companies in 2018, according to Inc. magazine. The magazine released its annual “Inc. 500” and “Inc. 5000” lists in August. Collectively, all small businesses and startups on the list amassed revenue of more than $206.2 billion in 2017 and revenue growth that topped out at […]
Grow Faster and More Efficiently In light of rising numbers of individuals accessing hospice and home care in the U.S., agencies should be well positioned for growth. Yet their growth potential is often stifled by administrative burdens, staff turnover and lackluster patient satisfaction ratings. Through a combination of technology and management practices, achieving that growth […]
Home care agencies throughout the United States often face difficulties in finding and keeping their caregivers, which are tasks sometimes made even more challenging by providers’ inability to offer competitive wages and steady hours. Honor, buoyed by scale and a technology platform, says it’s succeeding in cracking the retention code. The San Francisco-based home care […]
Throughout the past several months, New York City officials have been investigating area home care agencies following reports of widespread noncompliance with labor laws and regulations. Findings from the major enforcement initiative — which has already resulted in tens of thousands of dollars in restitution and fines — were formally announced Tuesday by the New York […]
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