As more states push to raise the minimum wage, home-based care companies must work harder than ever to attract and retain workers as competition among employers grows. In home health care, agencies’ success often depends on Medicaid reimbursement, which is not keeping up with wage inflation in some states. And in private-pay home care, increased […]
As health care costs rise unsustainably and the aging population booms like never before, the need for affordable at-home care continues to grow. But from an insurance standpoint, providing that care could soon come with more risk and a higher price tag. “There’s no specific data that is publicly available that speaks to [at-home care […]
Massachusetts home care company enters Philadelphia market Private-pay in-home care company HouseWorks LLC has acquired Caring Friends Home Care. The acquisition propels the Massachusetts-based HouseWorks into the Philadelphia market, while positioning the company for future growth throughout Pennsylvania. Financial terms of the acquisition were not disclosed. HouseWorks, which is backed by health care investor RAB […]
Humana updates management team with internal hires Health insurance giant Humana Inc. (NYSE: HUM) has filled two leadership roles with internal candidates. The Louisville, Kentucky-based company has promoted Joseph Ventura to General Counsel and named Douglas Stoss interim lead for Humana’s Office of Corporate Affairs. Both will serve as members of the company’s management team. […]
Senior living providers in the United States believe that their business model could be significantly disrupted by the trend toward older adults aging in their own homes, which is being enabled by new technologies. This was a key finding of “The State of Senior Living: An Industry Grappling with Autonomy,” a new report from architecture […]
The nationwide shortage of caregivers continues to be one of the biggest industry-wide problems for home health and home care agencies, with no end in sight. And in the future, the employment crunch could become even worse than previously expected. That’s according to a new report from Paraprofessional Healthcare Institute (PHI), a worker advocacy organization […]
Homewatch CareGivers has developed a new leadership position to spearhead innovation within the company. Jennifer Ramona has been named vice president of strategy and health care innovation. Previously, Ramona was the company’s director of business development. “We shifted some of [my] responsibilities with regards to the day-to-day business development to be able to really take […]
Visiting Angels, FirstLight Home Care and six other home care companies have been ranked among the 200 best franchises to buy in 2019. That’s according to a list compiled by Franchise Business Review, a market research firm that focuses on satisfaction and performance in the franchise industry. From June 2017 to November 2018, the firm […]
Home care giant ComForCare has announced the creation of a new platform company to unify its brands. Going forward, Best Life Brands will encompass ComForCare, fellow home care franchise company At Your Side, senior placement organization CarePatrol and any future acquisitions. Owned by New York-based private equity firm Riverside Company, ComForCare operates on a franchise […]
By Mark Heaney for Home Health Care News Names are important. That’s why it’s time to scrap the “non-skilled” label in home care. With very good reason, the industry has reacted with great excitement to the early 2018 news that the Centers for Medicare & Medicaid Services (CMS) is permitting Medicare Advantage (MA) plans to add home and community services […]