Over the last few years, Netflix (Nasdaq: NFLX), Disney (NYSE: DIS), Amazon (Nasdaq: AMZN) and a seemingly endless list of other platforms have battled it out for access to viewers’ wallets in what can only be described as “the streaming wars.” While senior care providers aren’t directly butting heads with the likes of those businesses, […]
Category: Personal Home Care
The COVID-19 emergency has only strengthened the desire seniors have to age in place — an already favorable position among older adults. In fact, over 90% of seniors prefer to remain in their homes as opposed to moving into an assisted living facility, a new survey from American Advisors Group (AAG) found. “For seniors, the […]
Efforts to improve vaccination rates against COVID-19 continue to be a major story for home-based care providers. They’ve also become a major pain point for providers operationally, depending on where they are located. On Monday, New York’s vaccine mandate for home-based care workers – and all other health care workers – took effect. Meanwhile, booster […]
A new blank-check company is hunting for aging-in-place businesses to take public. And unlike other senior care-related special purpose acquisition companies (SPACs) launched in the past year, this one — DTRT Health — is led by a well-known home care veteran with ample public experience. “There’s quite a number of fascinating public-ready companies of scale, […]
LHC Group purchases Virginia providers The LHC Group Inc. (Nasdaq: LHCG) M&A run continues. The Lafayette, Louisiana-based company recently announced agreements to acquire Generations Home Health along with Freda H. Gordon Hospice and Palliative Care, both in Virginia Beach, Virginia. LHC Group expects $7 million in annual revenue from the deals. Plus, the purchases complement […]
The Helper Bees (THB) announced Wednesday the launch of its aging-in-place provider marketplace. Austin, Texas-based THB is a full-service insurtech company that works to create innovative aging-in-place solutions for both payers and consumers. THB’s new marketplace — the next evolution of its “Care Concierge” program — is designed to give individuals in need of home […]
InnovAge (Nasdaq: INNV) went public earlier this year with a $350 million IPO. It has since set its sights on expansion. The largest Program of All-Inclusive Care for the Elderly (PACE) organization in the country, InnovAge is bullish on its ability to do just that, thanks to both internal confidence and also external, regulatory tailwinds. […]
At a time when the home care industry is plagued with workforce shortages, Senior Helpers, 24 Hour Home Care and ComForCare have made a name for themselves as best-in-class employers. Among common retention tactics, all three organizations actively elicit feedback by surveying staff on a regular basis. Senior Helpers, 24 Hour Home Care and ComForCare […]
Since last spring, home care companies have had to battle through an ongoing pandemic and a worsening labor crisis. They’ve had to face those challenges, too, while trying to meet the needs of a rapidly growing U.S. senior population. In many ways, it has felt like trying to stay afloat in an endless wave pool, […]
The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit https://futureleaders.agingmedia.com/. Lakelyn Hogan, a gerontologist and caregiver advocate at Omaha, […]
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