Eighteen home-based care companies managed to grab a spot on Entrepreneur’s recently released 2025 Franchise 500 ranking. Companies like Senior Helpers, Right at Home and FirstLight Home Care are making return appearances on the list after earning a spot last year. The fact that a number of home-based care franchise businesses are represented on the […]
Comfort Keepers
Last year, Comfort Keepers set its sights on becoming a 100% franchise company. This meant re-franchising all of Comfort Keepers’ 69 company-owned locations. Ramzi Abdine, chief operating officer of Comfort Keepers, once described the process of re-franchising Comfort Keepers’ company-owned locations as a “herculean effort.” Checking in at the top of the year, Comfort Keepers […]
Company-owned — or corporate-owned — locations are generally a staple at home care franchise companies. These locations are largely associated with experimentation. In recent years, some franchise companies have chosen to double down on these locations, while others have not. Some have even gone in the other direction, and begun to re-franchise former company-owned locations. […]
Having an eye towards growth also means being aware of potential roadblocks that could obstruct forward momentum. Home care leaders at companies like Comfort Keepers, Nova Leap and TheKey are navigating various barriers amid their efforts to further scale. At Comfort Keepers, the Ensuring Access to Medicaid Services rule is top of mind. Specifically, the […]
In August, Comfort Keepers was fined $500,000 and forced to remove language from its contracts restricting caregivers from accepting positions with home care clients up to one year after terminating employment. That contract language, dubbed a non-solicitation agreement, is a widely used clause in home care contracts to protect providers’ businesses. On its end, the […]
Home care companies are constantly looking for new growth avenues and expansion opportunities. In order to reach new heights, leaders at companies like TheKey, Comfort Keepers and Nova Leap are exploring various strategies to scale their businesses. For TheKey, this means focusing on three main areas. One of these areas is the company’s “boots on […]
While some private equity investors have been sidelined by macro and micro headwinds, there are still plenty of PE firms invested in home-based care that like where they are. On the Medicare-certified home health side, one factor that may have made investors hesitant to enter the space is the challenging payment landscape. Despite this, Kaltroco […]
The Franchise Times recently released its annual ranking of the largest franchise systems in the country. Of the 500 companies that grabbed a spot on the list, 16 are home-based care franchise companies. The list is based on last year’s global systemwide sales — total sales for both franchise and company units — performance. In […]
The Halifax Group has acquired the worldwide home care division of Sodexo, which includes the Comfort Keepers brand. Overall, more than 700 home-based care locations across the world are included in the deal. The transaction is expected to close in the fourth quarter. Financial details were not disclosed. “We just love the [home care] space […]
Home care franchise systems have had their COVID-19 journeys documented well. Over the last nine months, they’ve seen their referrals fluctuate and their personal protective equipment (PPE) supplies run dry. Many have had to overhaul their virtual care strategies and infection control protocols while also finding innovative ways to recruit new workers. The journeys of […]