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
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 […]
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 […]
Elara Caring adds Dr. Kevin Henning to its leadership team Elara Caring — one of the largest home health providers in the U.S. — has named Dr. Kevin Henning as its chief medical officer. “Dr. Henning joins Elara at an incredibly exciting time,” Elara Caring COO Ananth Mohan said in a press statement. “We are […]
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 […]
Amedisys names Scott Ginn COO Following the shocking news that Paul Kusserow would again take over the role of CEO at Amedisys Inc. (Nasdaq: AMED), the company made another move last week to fill out its executive roles. Scott Ginn – EVP and CFO at Amedisys – has also been named acting chief operating officer, […]
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 […]
There are a number of potential avenues to take to address the staffing needs in home-based care over the next decade. But one that will absolutely have to be taken is the one that leads to more millennial and Generation Z workers entering the space. To do that, home-based care providers are doing a few […]
J.J. Sorrenti was picked to lead the Bloomfield Hills, Michigan-based Best Life Brands as CEO in April 2020, just a month into the COVID-19 pandemic. There have been ups and downs for the company, which has both home care and home health locations in its portfolio. Yet Sorrenti is optimistic about his company’s future. The […]
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 […]
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