When Fortune magazine publishes the inaugural “Best Workplaces in Aging Services” list in September 2018, don’t be surprised if private duty and home health companies make a good showing. “It’s incredible to see home health companies scoring very well—we had one get as high marks as companies like Google in some areas,” Jacquelyn Kung, who […]
The reality of talent shortage—marked by high turnover and challenges recruiting and retaining top talent—continues to plague the home care industry. In fact, among the 600-plus home care providers surveyed in Home Care Pulse’s 2017 Home Care Benchmarking Study, 77% of participants consider “caregiver shortage” a top industry threat, according to Home Care Pulse Founder and […]
ClearCare, a technology company that provides software as a service (SaaS) and mobile tech options to the home health industry has acquired Ontario-based private duty software company HomeTrak, according to a press release Wednesday. Based in San Francisco, ClearCare will continue to support HomeTrak’s Companion products, which offer private duty agencies a tech platform to […]
Millions of dollars in backing from seasoned venture funds and investors. Technology built to improve efficiencies and lower costs. And plenty of ambition. What does this combination add up to? In one recent case, it added up to a home care company that announced last week it was closing its doors for good. California-based HomeHero ceased its home […]
By all accounts, Silicon Valley loved home care in 2016. In fact, prominent, Silicon Valley-based venture capital (VC) firms have invested more than $200 million altogether in home care companies this year, according to Forbes. Home care software provider ClearCare received the most funding overall, having secured $60 million in a round led by Battery Ventures […]
Home care agencies were scrambling this week to meet a filing deadline to receive tax credits through a program that has saved some providers hundreds of thousands of dollars. Wednesday was the deadline set by the Internal Revenue Service (IRS) for some Work Opportunity Tax Credit (WOTC) filings. WOTC offers employers federal tax credits ranging between […]
This week, Home Health Care News readers learned what ClearCare’s CEO thinks its $60 million funding round means for competitors like Honor and Hometeam, why two U.S. Senators are calling for a delay of the home health pre-claim review demonstration launch, and why one California-based home care company has branched into senior living. HHCN will […]
Home care software company ClearCare has secured a $60 million funding round, led by global investment firm Battery Ventures. The investment is a vote of confidence not only in this company but in the well-established home care franchises and independent, locally-owned agencies that use the ClearCare product—and a shot across the bow of tech-forward, startup rivals […]
A quick intervention tool that aims to reduce hospital readmissions among home care patients has found some initial success in a recent pilot study approved by Harvard Medical School. Hospital readmissions are one of the costliest expenses across the health care system, and home care can play a big role in reducing avoidable readmissions. The […]
LHC Group Opens New Home Office Campus in Lafayette, Louisiana LHC Group (Nasdaq: LHCG), a publicly-traded national home health and hospice provider based in Lafayette, Louisiana, celebrated its new corporate headquarters campus in Lafayette on Nov. 12. The company is now leasing the whole building at 901 Hugh Wallis Road, which amounts to about 67,000 square […]
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