Top Home Care Trends For 2024

The rising costs of home care were a trend in 2022 and 2023. They will remain one in 2024, and could finally come to a head. That’s only one trend, of many, that will impact home care providers in the new year. But it alone will also lead to other trends, such as increased M&A, […]

The M&A Balancing Act: The Risks Of Lightning-Fast Home Care Growth And How Operators Can Avoid Overwhelming Their Business

Home care providers looking to grow need to follow meticulous planning and have realistic goals. Failure to follow that guidance could mean serious operational challenges down the road. During the public health emergency, when more attention was being paid to alternative settings for long-term care, the home care industry saw record-breaking volume and valuations. Seeing […]

Transactions: Gentiva Completes ProMedica Deal; Avid Health at Home Acquires Independence 4 Seniors

Gentiva officially acquires ProMedica’s home health, palliative and hospice business Gentiva has closed on its $710 million deal for ProMedica’s home health, palliative and hospice business. The deal was first announced in February. Now that it is finalized, the Atlanta-based Gentiva will boost its location count from 380 to 500, and its patient census by […]

Well Care Health Divests Home Care Segment To Avid Health at Home

Well Care Health is divesting its personal home care division to Avid Health at Home. For Well Care Health, it’s an opportunity to capitalize off of the demand for its well-established home care footprint, while also focusing on a new strategic direction moving forward. “There’s a couple of drivers behind [the move],” Well Care Health […]

Why Employee Tenure Can Make Or Break A Home-Based Care Deal

During an acquisition process, there are obvious boxes that need to be checked on the buyer and seller sides. On the buyer side, that due diligence includes checks around financials, compliance and a whole lot of other numbers. But one factor that can fly under the radar is employee tenure. “Tenure is a very important […]

What Makes A PE Firm-Home Care Provider Relationship Successful

In home care, the relationship between the operator and the private equity sponsor can be difficult to manage. Generally, healthy relationships – ones where there’s “give and take” – lead to growth and success. Poor relationships between those two parties, on the other hand, tend to lead to undesirable outcomes. “Private equity has a really […]

The PE-Backed Avid Health at Home Has Lofty Goals From The Get-Go

The Dallas-based private equity firm Havencrest Capital Management has its home care platform. That’s Avid Health at Home, which has aggressive growth plans from the outset. The company was first unveiled in early August. It was created in conjunction with Havencrest’s acquisition of For Papa’s Sake Home Care, which is a personal home care provider […]