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 […]
Category: Innovation
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 […]
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 […]
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 […]
Over the years, the idea that “less is more” has been the driving factor for Cantata Adult Life Services’ Take2 care-sharing model. The company has been able to thrive by innovating its home care model and offering its clients a unique service. Cantata — formerly The British Home For Retired Men And Women — has […]
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 […]
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 […]
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 […]
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 […]
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 […]