In 2019, when I began covering home-based care, Best Buy (NYSE: BBY) was just barely scraping the surface in the space. Paying $800 million for the senior-focused technology company GreatCall was nothing to scoff at, of course. But it wasn’t directly related. It certainly felt like much more was bubbling underneath the surface. In the […]
The home-based care technology company Honor on Wednesday unveiled “Honor Expert,” an online tool designed to be the liaison between seniors, their families and aging-related solutions. The goal: to be a “one-stop shop” for seniors looking for a variety of services, including home-based care. Honor Expert already has 14 national partners, including Amazon Business, Best […]
The Chicago-based Vistria group is one of the most active private equity firms in the home-based care space. It has the providers – on the home care and home health care side – in Help at Home and Mission Healthcare. It has the technology in Medalogix, which is utilized by the majority of the largest […]
Last week, UnitedHealth Group (NYSE: UNH) revealed that it’s buying aging-in-place giant LHC Group Inc. (Nasdaq: LHCG) and combining the provider with its Optum business. In the aftermath of that announcement, one of the most interesting questions to ponder has been: How will LHC Group fit alongside the rest of Optum’s home-focused offerings? Optum is […]
The National Academies of Sciences, Engineering and Medicine (NASEM) on Wednesday released its long-anticipated report on how to improve nursing home care in the U.S. In doing so, NASEM reinforced what so many long-term and post-acute care stakeholders have learned over the past two years: that, for multiple reasons – both within and beyond their […]
When Walgreens Boots Alliance (Nasdaq: WBA) invested $1 billion into VillageMD, it was largely viewed as a way for Walgreens to enhance its primary care approach, especially in underserved communities. But in July of 2020, on the day the investment was announced, VillageMD CMO Dr. Clive Fields made it known that a large part of […]
One of the largest companies in the U.S. has carved out significant space for at-home care innovation. That company is Cardinal Health Inc. (NYSE: CAH), which has let Cardinal Health at-Home Solutions pave its own way in a budding home-based care market. The company – which posted over $160 billion in revenue last year – […]
Three companies are combining to form a value-based kidney care company said to be worth $2.4 billion. Fresenius Health Partners, InterWell Health and Cricket Health will join powers underneath the InterWell Health brand. The news is another example of the rapidly budding kidney care market. Even more so, it’s an example of the innovations taking […]
Yet another company is tasking itself with taking on oncology care outside of brick-and-mortar settings. This time it’s Canopy Health, which launched out of stealth Thursday, having already raised $13 million. The funding round was led by GSR Ventures, with Samsung, Next and UpWest also contributing. An “intelligent care platform” for oncology, Canopy works with […]
Over the past few years, the U.S. health care system has learned that home-based care companies are well-positioned to respond to unique challenges, with at-home care approaches often boosting patient satisfaction, lowering costs and improving quality of care. Despite that positive movement in the home-based care market, a few key barriers could limit broader adoption […]
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