Despite continued staffing challenges, home care is on the rise. Several emerging trends will define that ascent in the year ahead. Some of those trends will revolve around home care’s role in new care delivery models designed to treat higher-acuity patients. Others will have to do with shifts in the home care market itself and […]
Pennant kicks off 2021 M&A activity The Pennant Group Inc. (Nasdaq: PNTG) has kicked off its 2021 M&A push. The Eagle, Idaho-based post-acute care provider announced Tuesday it has acquired Sacred Heart Home Health Care, which provides home health services in Phoenix and Tucson, Arizona. The acquisition was effective Jan. 16, 2021. “This strategic, off-market […]
Mission Healthcare adds to executive team Mission Healthcare has made new additions to its executive leadership team. The company named JoAnn Mack its chief operating officer and Damien Weston its chief growth officer. Mission Healthcare — which has more than 600 employees — is a San Diego-based home health and hospice services provider with 10 […]
Sky-high equipment costs and staffing shortages tied to the COVID-19 virus have made it drastically more difficult to run a profitable home care business for many operators. That’s not true for Caring People, CEO Steven East told Home Health Care News. Caring People has had to face its fair share of challenges over the past […]
Caring People is staying busy on the acquisition front. In fact, the New York City-based Caring People has completed a handful of strategic deals — with a focus on care management organizations — in the last few months alone. The acquisitions consist of Acappella In Home Care, Aging Care LLC and AMR Care Group, all […]
While the coronavirus initially caused a dip in demand for home-based care services, many have characterized that period as the calm before the storm. Since then, the need for in-home care has picked up quickly, with several providers telling Home Health Care News they’re receiving more inbound requests than ever before. Inquiries are pouring in […]
Many senior living and skilled nursing facilities (SNFs) continue to struggle with the COVID-19 virus, as their residents are often vulnerable older adults who live in fairly close proximity. In some cases, coronavirus concerns have prompted such congregate living facilities to turn away outside caregivers and home health aides; in others, the struggle has led […]
Despite being a largely reputation-based business, home care companies sometimes fall short when it comes to maintaining a strong online presence. “Reputation and trust are very important,” Karina Tama-Rutigliano, CEO and founder of Senior Care Clicks, told Home Health Care News. “Trying to find an agency to provide a caregiver to take care of my […]
Many people’s minds turn to vacation during the summer, but the demand for home care doesn’t take time off. “When someone needs health care, they typically need health care year-round,” Steven East, CEO of Caring People, told Home Health Care News. New York City-based Caring People offers a range of in-home services, including companion care […]
A New York City-based private duty home care provider has been acquired by a private equity services firm. The deal is another example of increasing interest by private equity groups in the home care space. Caring People has been acquired by Silver Oaks Services Partners LLC, a lower middle market private equity firm focused on service businesses. […]