Earlier this year, Bain Capital Double Impact acquired and combined two regional health care companies, Arosa and LivHome, creating a new national in-home care provider. The combined company is led by Ari Medoff, whose background includes an application to the Marines as well as stints with major investment banks and private equity firms. He’s focused […]
Brookdale Senior Living (NYSE: BKD) should split into two entities, activist investor Land & Buildings said in an open letter released Monday. Under the proposal, Brookdale would create a real estate investment trust (REIT) for its owned properties and a separate public company for its management business, including its ancillary services division that includes home health. […]
It’s been a little more than a year since San Francisco-based startup Honor launched a new strategy focused on partnering with existing home care providers. The partnership approach has so far helped Honor shift to a more sustainable business model and expand its market presence, company leaders say, but it has generated persistent rumors and […]
It’s been nearly one year since Steve Greenbaum became CEO of ComForCare. In that time, he has zeroed in on differentiating ComForCare from competing home care franchise companies. As part of this effort, he is helping to build a platform of senior-focused franchise brands under ownership of private equity firm The Riverside Company. Greenbaum is […]
In 2016, Bayada Home Health Care founder and then-President Mark Baiada announced he was transitioning his company to a not-for-profit model, essentially giving it away to a newly created charity organization. That ongoing transition is “right at the finish line,” Baiada told Home Health Care News. And Moorestown, New Jersey-based Bayada — one of the […]
Brookdale Senior Living (NYSE: BKD) likely will be dealing with operational challenges throughout the next year, before its turnaround efforts start to bear more substantial fruit in 2020. The stock price for Brentwood, Tennessee-based Brookdale slumped over 11% in trading Monday after RBC Capital Markets analyst Frank Morgan issued further guidance based on this timeline. […]
Medicare Advantage (MA) plans are allowed to cover a range of in-home care services for the first time in 2019, but few insurers are going to do so, according to recent analyses of plan offerings. Experts believe these types of benefits could gain a lot more traction in the next two to three years, however. […]
Most Medicare Advantage insurers do not yet appreciate the value of home-based care, according to Bill Dombi, president of the National Association of Home Care & Hospice (NAHC). “I didn’t enroll in a Medicare Advantage plan, because I don’t think they believe in home care yet,” Dombi said in opening remarks at NAHC’s annual conference […]
Kindred at Home, the largest provider of home health and hospice services in the U.S., has signed a preferred partnership agreement with ComForCare. The partnership is a part of ComForCare’s strategic plan to build relationships with providers across the health care continuum in order to serve seniors in a more holistic way, according to the […]
Louisville-based BrightSpring Health Services, formerly ResCare, is continuing to make changes to its organizational chart. The company has recently added a new chief information officer and hired within the company to fill a new company role of chief learning officer. BrightSpring is one of the largest providers of home and community-based health services in the […]
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