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 […]
Jiffy Lube, Motel 6, Great Clips and Culver’s. These are just a few of the U.S. franchise giants that Home Instead Senior Care outsold in 2018. That’s according to the latest Top 200+ ranking from Franchise Times, an annual compilation of top-selling franchises based on systemwide sales. Other home care franchises winning the sales game […]
The Home Care Association of America (HCAOA) and the California Association for Health Services at Home (CAHSAH) are suing the state of California over a policy that gives labor unions access to caregivers’ personal information for the purpose of organizing. In their suit, the plaintiffs, represented by Littler Mendelson, claim that the state policy is […]
Despite objections from the home care industry, legislation that would allow caregivers in one state to poach clients appears to be moving forward after getting support from the governor. “We strongly believe the health, safety, and comfort of our elderly or persons with disabilities should not be disrupted by an employer limiting their employees with […]
Seniors — specifically those who are Medicare Advantage (MA) beneficiaries — will be a driving force in Lyft’s (Nasdaq: LYFT) health care business in 2020 and beyond, according to vice president of health care Megan Callahan. “We expect to be working with the majority of the largest MA plans by 2020, as an increasing number […]
Home Care owners and operators often identify the caregiver shortage as the No. 1 challenge facing the industry. Ana Preciado — who owns a Woodland, California-based Comfort Keepers — is no exception. Last year, Preciado’s franchise location had a caregiver turnover rate of 110%. “That means we turned over everyone we hired in the year,” […]
In an effort to ensure home care workers are adequately screened and trained, a growing number of states are rolling out caregiver registries. But depending on the requirements, some worry the registries could do the home care industry more harm than good. Currently, at least 12 states and the District of Columbia have online training […]
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