SoftBank’s Vision Fund 2 Reportedly Considering $150 Million Honor Investment

Honor — the technology-driven home care services provider already backed by Andreessen Horowitz — may soon have even more firepower to work with.  A sequel to the world’s largest investment fund focused on technology, SoftBank’s Vision Fund 2 is reportedly in talks to invest roughly $150 million in Honor, according to a Thursday report from […]

Despite High Costs, CCRC-at-Home Models Gaining Traction

Over the past couple of years, programs for home-based continuing care retirement communities (CCRCs) have become more common. The trend is not surprising, as the CCRC-at-home concept is a unique service model that allows older adults to enjoy the benefits of an all-inclusive CCRC while aging in place. Among active programs is Springpoint Choice, a […]

Inside Honor’s New Management Model

A partnership with senior housing and care provider Eskaton prompted tech-forward home care company Honor to accelerate its transition to a management model based on teams focused on specific geographic areas. A year in, that model has positioned Honor for further partnerships with large-scale organizations, and Eskaton has seen a revenue boost expanded into new […]

New Corporate-Owned Locations Could be Growth, Innovation Sources for Right at Home

Since May, home care franchise Right at Home has been in the process of strategically adding corporate-owned locations to its overall portfolio. The move will allow the company to plant additional flags and create testing sites for new technologies and operational models. Founded in 1995, Omaha, Nebraska-based Right at Home boasts a network of nearly […]

In-Home Care Provider Nizhoni Looking to Scale ‘Distinct’ Behavioral Health Model

Most home health companies build their operations by taking care of older adults with chronic medical conditions or those who have recently returned home from the hospital. But one Massachusetts-based provider with its sights set on nationwide growth is taking a very different route. Launched in 2004, Somerville, Massachusetts-based Nizhoni Health almost exclusively serves complex […]

Aging in Place Positioned to ‘Upend’ Senior Housing

More than three out of every four Americans age 50 and older say they prefer to remain in their current community — and likely their individual homes — for as long as possible, according to AARP statics. Combined with technologies that enable aging in place, that preference is positioned to “upend” the U.S. senior housing […]

Payer Diversification, Caregiver Financial Flexibility Are Top Home Care Trends for 2020

An increased focus on social determinants of health and the financial well-being of caregivers will shape the home care industry in 2020, AlayaCare founder and CEO Adrian Schauer told Home Health Care News. A rise in technology partnerships and in-home care providers’ strategic efforts to diversify payer streams will likewise factor into next year’s industry […]

CMS Pumps Brakes on Primary Care First Launch

When the Centers for Medicare & Medicaid Services (CMS) unveiled its new voluntary risk-based in-home primary care initiative in April, home health providers and advocates responded with cautious optimism. For some, that optimism will now have to be put on hold. Although CMS is now accepting applications to participate in its Primary Care First payment […]

Adult Day Industry Trending Toward For-Profit Status, 2020 Boom

Prior to 2014, there were only a few thousand adult day centers operating throughout the United States. Today, there are likely over 10,000 centers in existence, each one trying to make a lasting mark in an extremely fragmented industry. Founded in 1991, Tennessee-based Centennial Adultcare Center is among that group. The medical-model adult day provider […]