A large post-acute care company with a deep presence in America’s rural areas, Intrepid USA Healthcare Services has been in the market for a new private equity partner. Intrepid is a Texas-based provider of home health, hospice and personal care services. The company has more than 60 locations spanning 17 states. CEO John Kunysz likes […]
Right at Home announced Tuesday that Brian Petranick resigned from his long-held position as president and CEO. At this point, it’s unclear if succession plans had already been in the works at Right at Home, a subsidiary of RiseMark and one of the largest home care franchise companies in the industry. The in-home care provider […]
Bayada Home Health Care has launched a new suite of digital services to augment its partnerships with hospitals and health systems. Among many other things, the company believes that the new digital services will be a differentiator for it in the marketplace and also enable it to not just collect data, but also do something […]
Last year, adult day centers across the U.S. were attempting to safely reopen after COVID-19 forced them to shut their doors. Now, up and running again, the sector still faces challenges while trying to solidify a more prominent role in the senior care space. “In general, two-thirds of states had some sort of temporary restrictions […]
Like its industry peers, The Pennant Group Inc. (Nasdaq: PNTG) has had to navigate COVID-19-related business disruptions as well as other headwinds, some of which even prompted the company to start looking under its own hood for answers. Now, operating with the view that COVID and many of its impacts have become endemic, the company […]
In order to keep pace with the labor market, as well as other contributing factors, home care providers across the country have had to increase the cost of their services. Those providers have also begun to wonder when — or if — those rising costs may start to affect client demand. “We’ve been forced to […]
Addus HomeCare Corporation (Nasdaq: ADUS) is the latest publicly traded home-based care company to disclose just how hard it was hit by workforce-related issues during the Omicron surge. LHC Group Inc. (Nasdaq: LHCG) executives revealed Thursday that cost constraints due to labor issues cost the company approximately 2,500 admissions and a loss of $13.8 million […]
When Modivcare Inc. (Nasdaq: MODV) reorganized its home-based services under the business division Modivcare Home, it was part of a larger strategy to lean into value-based care initiatives. A month after Modivcare’s operational realignment announcement, the company is beginning to see its plan come to fruition. “Consolidating our home-based services under Modivcare Home puts us […]
Policy and regulations for home care haven’t kept pace with the growing demand for services and the overall increased visibility of the sector. For policymakers looking to address industry challenges and ultimately increase access to home care, there are six policy priorities that should be considered, a new report released Wednesday by the Home Care […]
In 2019, a Kindred at Home veteran left the company to make a bet on non-medical home care and become the leader of AccordCare. Nearly three years later, he persuaded another former Kindred executive to do the same. Brandon Ballew and Derek Nordman are now at the helm of the Atlanta-based AccordCare, as CEO and […]
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