Last year, at the Home Care Conference in Chicago, home care provider leaders candidly shared just how high billing rates had gotten for them. Over the course of preceding two years, rates had risen by about 25%, it seemed. But 24 Hour Home Care President Ryan Iwamoto said they had risen by as much as […]
An in-home care provider is making a bet. That bet is that while the amount of people needing care will rise over time, the percentage able to afford private-pay home care is going to dwindle. And in order to win out on that population, it needs to be hyper-focused on it. That is – in […]
Two of the largest concierge-level caregiving, private nursing and care management firms in Houston, Texas, have joined forces. On Tuesday, Family Tree In-Home Care announced it has completed the acquisition of Evergreen Private Care of Houston in order to merge the operations of the two companies. The announcement echoes the increasing amount of consolidation happening […]
The M&A market is heating up again now that uncertainty tied to the COVID-19 crisis is waning. Another factor that could increase transactions and shift the market, though, has nothing to do with home-based care. Instead, it’s President Joe Biden’s proposed increase to the capital gains tax. Broadly, a capital gains tax is applied to […]
In April, home care provider Family Tree In-Home Care acquired HomeCare of the Rockies. And while it seems like just another transaction, from the buyer’s perspective, it was anything but. The acquisition was Family Tree’s first since the pandemic began. Its growth strategy plans were severely delayed by the COVID-19 crisis, but the trends in […]
When COVID-19 came on the home-based care industry’s radar, it brought fear with it, leaving agencies scrambling to prepare for worst-case scenarios. The storm has not been weathered just yet. But in dire times, providers have chosen community in lieu of competition. That’s been especially true for a group of in-home care providers that have […]
Simplura Health Group Acquires Helping Hand Home Health & Hospice Agency One Equity Partners’ (OEP) portfolio company Simplura Health Group has finalized the acquisition of Helping Hand Home Health & Hospice Agency. Simplura is the parent company of a growing network of home health agencies. Its founding organization, All Metro Health, began providing services in […]
Brookdale CEO Appointed to NIC, Nashville Healthcare Council Boards Brookdale Senior Living (NYSE: BKD) President and CEO Cindy Baier has been appointed to the board of directors of two prominent industry groups. Baier was appointed to the board of directors of both the National Investment Center for Seniors Housing & Care (NIC) and the Nashville […]
Family Tree In-Home Care Acquires CareTemps Houston-based Genova Health, LLC has added CareTemps, LLC, a home care and care management services company, to its family of companies. Genova Health’s portfolio company is Family Tree In-Home Care, a home care agency with four offices in Houston, Austin, The Woodlands, and Clear Lake, Texas. Family Tree closed […]
Noor Inc. acquires Texas home health provider Noor Inc., based in New York City, acquired San Antonio, Texas-based home health care provider Restorative Health Care, Staffing Industry Analysts reported on Dec. 11. Restorative Health Care, which provides nursing and therapy services, including registered nurses and occupational, physical and speech therapy services, has four offices and more […]
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