ConcertoCare, a value-based care provider that offers an array of home-based care services, announced Thursday that it has raised $105 million in Series B funding. The round was led by Wells Fargo Strategic Capital, and included contributions from Obvious Ventures, Vast Ventures and SteekSky Ventures, among others. In tandem, Concerto also announced that it has […]
Category: Innovation
The company formerly known as Five Star Senior Living has changed its name to AlerisLife (Nasdaq: ALR). Along with that change, it is shifting more of its focus to home-based care. The company announced the branding and operational shift last week. On Monday, it announced that it secured a $95 million loan to help execute […]
The CCRC-without-walls model is a new twist on an old concept. Essentially, the at-home concept allows seniors to reap all the same benefits of traditional continuing care retirement communities (CCRCs) while still aging in place. While the CCRC-without-walls model has slowly begun to gain traction in recent years, there are still fewer than 40 programs […]
Walgreens Boots Alliance Inc. (Nasdaq: WBA) is full-speed ahead on “Walgreens Health,” its recently unveiled health care strategy driven by investments in VillageMD, CareCentrix and Shields Health Solutions. And to accelerate its health care push even more and refocus on long-term growth priorities, the holdings firm for pharmacy store giant Walgreens has initiated a strategic […]
In December, CVS Health (NYSE: CVS) shared its strategy for “revolutionizing” the consumer experience through its primary care, payer, digital and omnichannel health services offerings, including home health care. President and CEO Karen Lynch doubled down on that agenda while speaking at the 40th Annual J.P. Morgan Healthcare Conference Tuesday morning. “As I said in […]
Signify Health Inc. (NYSE: SGFY) announced Monday that it has rolled out the “Signify Health Partner Program,” a system that connects value-based solutions focused on enhancing home-based care. “We’ve got a bunch of data, a big technology platform and big client relationships,” Kyle Armbrester, CEO of Signify, told Home Health Care News. “I know from […]
With all eyes focused on the home, it’s no exaggeration to say there were dozens of blockbuster in-home care acquisitions last year. But while all transactions directly impact the buyers and sellers, only a handful help shape the trajectory of an entire market. As I started to think about my own home health and home […]
The public health emergency continued to have an impact on home-based care providers in 2021. It didn’t define the year, however. As the top Home Health Care News stories of 2021 suggest, this year was about so much more than the COVID-19 crisis. Even more than the pandemic, the past 12 months have been about […]
As I tried to fall asleep the other night doing the 21st century version of counting sheep – listening to a podcast, of course – I heard an advertisement about home care. The ad was placed on a popular sports show from CVS Health (NYSE: CVS). Among a few other things, it featured the idea […]
Anywhere from 13,000 to 18,000 agencies make up the highly fragmented home care market. “Whatever the real number is, no one really knows,” Kunu Kaushal, founder and CEO of Senior Solutions Home Care, said last week at the Home Health Care News Home Care Conference. A big chunk of that market belongs to agencies that […]
Subscribe
Receive industry updates and breaking news from HHCN