Best Life Brands Latest Acquisition Bolsters Home Care Referral Opportunities

The franchise company Best Life Brands – which is the owner of ComForCare and Boost Home Healthcare – has added another home-focused company to its portfolio.. Announced Monday, the Troy, Michigan-based company has acquired Next Day Access, which is a provider of residential and commercial home access solutions in the U.S. and Canada. Now, Best […]

Best Life Brands Appoints New Chief Financial Officer; CVS Health CFO Announces Leave Of Absence

Best Life Brands names CFO Best Life Brands has appointed Kevin Vesely as its new chief financial officer. “We enthusiastically welcome Kevin to the Best Life Brands family to execute our continued success and financial health,” Best Life Brands CEO J.J. Sorrenti said in a press release. “His diverse experience, including private equity success and […]

The Unexpected Benefits Of Telehealth, Remote Patient Monitoring In Home-Based Care

Senior care leaders are increasingly utilizing telehealth and remote patient monitoring to improve clinical outcomes and create more touchpoints with patients. Providers have also capitalized on secondary and tertiary benefits of virtual care, like those that come with marketing and staff retention. “Our staff has really appreciated us investing in the tools for them,” Matthew […]

2023 Home Care Executive Forecast: Agencies Must Adapt To Rising Bill Rates, Technology Advancement

The new year is shaping up to be another critical one for personal home care agencies. While bill and pay rates continue to rise, many agencies are figuring out how to provide long-term sustainable care plans that are both effective and affordable. At the same time, technology implementation and data collection are two aspects of […]

What More PE Involvement Could Mean In Personal Home Care

Home care executives are expecting a few separate things to shake up the market in the coming years. Among those are an increase in franchising, more private equity involvement and innovation to keep pace with higher costs. Consolidation in home care has lagged compared to home health care. One of the reasons why is that […]

Best Life Brands CEO on the Staffing Crisis in Home Care

The most challenging issue in home-based care continues to be staffing, a fact that every provider that makes up the space is aware of. Home care’s turnover rate is about 65%. Additionally, as the population of seniors continues to grow and more people wish to age at home, the size of the caregiver pool is […]