Last April, Addus HomeCare Corporation (Nasdaq: ADUS), Homecare Homebase (HCHB) and CellTrak announced they were teaming up to build “the industry’s first integrated, enterprise-level solution for all types of home-based care.” The next big step in that collaboration has come for two of those organizations. Hearst, the parent company of HCHB, has struck an agreement […]
Category: Personal Home Care
In-home care giant AccentCare is starting the new year off with an identity refresh. The goal: to help gain traction in a fragmented market and better define its organizational mission. Unveiled Monday, the refresh includes a shift toward a single, company-wide name, plus an updated logo. It also includes a new vision and corporate purpose […]
The Richmond, Virginia-based home care provider Care Advantage Inc. went through a dealmaking lull during the early days of COVID-19. Unfortunately, the pandemic has not yet completely subsided. But that lull certainly has. On Dec. 29, Care Advantage announced it acquired Dover, Delaware-based Silver Lining Home Healthcare. With the deal, the company has made three […]
It’s easy for a company to burn out and eventually lose steam. But for Family & Nursing Care, that hasn’t happened just yet. The company has been around since the late 1960s, and for the last 15 years, it has seen consistent annual growth. Based in Maryland, Family & Nursing Care is one of the […]
Home-based care providers have had to deal with an uncertain legal and regulatory environment for almost two years at this point. It’s created bottom-line challenges as well as workplace ones. Cheryl Stanton, the chief legal and government affairs officer at BrightStar Care, experienced this first hand when the U.S. Occupational Safety and Health Administration (OSHA) […]
The COVID-19 pandemic continued to dominate headlines in 2021, despite the collective desire for it to be gone by this past summer. But it didn’t stop massive dealmaking, which made M&A just as big of a story in home-based care as the virus. Thus, those two topics took up a lot of Home Health Care […]
For senior living operators looking to diversify their services offerings, home-based care has emerged as a lucrative opportunity. No organization understands this more than Bickford Senior Living, a senior living operator that teamed up with the HomeCare Advocacy Network (HCAN) to roll out a home-based care service line in June. HCAN is an Omaha, Nebraska-based […]
Throughout 2021, the home care industry saw M&A heat up while staffing shortages placed pressure on providers. As industry leaders gear up for 2022, they are focused on addressing these workforce challenges and leaning further into dealmaking. From his perspective, Right at Home President and CEO Brian Petranick is optimistic about what the labor climate […]
This year saw home care providers further build on the spotlight the public health emergency placed on the industry. No longer fighting for a seat at the proverbial table, the operators were able to fully lean into opportunities that have pushed the industry forward. More than anything, ongoing labor shortages and ways to circumvent workforce […]
Anywhere from 13,000 to 18,000 agencies make up the highly fragmented home care market. “Whatever the real number is, no one really knows,” Kunu Kaushal, founder and CEO of Senior Solutions Home Care, said last week at the Home Health Care News Home Care Conference. A big chunk of that market belongs to agencies that […]
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