M&A and Financing Newsflash: Regent Completes Loving Touch Deal, Sonas Acquires Advanced Nursing Solutions

Regent Acquires Loving Touch Home Care Regent Healthcare — one of the largest, non-franchised home care agencies in central Maryland — has completed its acquisition of Loving Touch Home Care. Financial terms of the deal were not disclosed. Odenton, Maryland-based Regent Healthcare is a Joint Commission-accredited home care agency that provides in-home companionship, personal care […]

An Inside Look at 3 of the Fastest-Growing Home Care Providers

Several home care companies are among the fastest growing U.S. companies in 2018, according to Inc. magazine. The magazine released its annual “Inc. 500” and “Inc. 5000” lists in August. Collectively, all small businesses and startups on the list amassed revenue of more than $206.2 billion in 2017 and revenue growth that topped out at […]

LHC Group, FirstLight, Lifesprk Craft Strategies to Combat Senior Isolation

Most experts in the aging services field agree that senior isolation is a major problem in the United States. The solution is largely up for debate, but home care companies of all shapes and sizes have a business- and mission-driven mandate to combat the problem. Socially-isolated older adults are individuals who rarely leave their home or […]

Right at Home, BrightStar, FirstLight Among Best Franchises in 2018

A handful of home care companies are among the best franchise opportunities for buyers in 2018, a new ranking has found. To help prospective franchisees weigh risk and rewards, Forbes released its annual “America’s Best & Worst Franchises to Buy” list, broken down into categories for high investments, medium investments and low investments. Home care […]

FirstLight Eyes Risks, Rewards of Operating in Hawaii

Hawaii may be a vacationer’s paradise, but it’s also, perhaps, one of the toughest states for home care franchises to take off. An unemployment rate well below the national average makes finding caregivers even more difficult than on the mainland United States, while the Aloha State’s often rural and mountainous landscape can also make it laborious just to visit […]

Under New Ownership, HomeWell Senior Care Ready for Rocket Growth

Texas-based HomeWell Senior Care, a private duty home care franchise company, has a new owner with a background in hotels—and big plans to ramp up growth. Bruce Haase has acquired a majority stake ownership in the company for an undisclosed amount, while founder Joshua Hoffman retains one-third ownership. The company, which was founded in 2002, […]

M&A and Financing Newsflash: Addus Finalizes $40 Million Ambercare Deal

Addus Completes Purchase of Ambercare Frisco, Texas-based Addus HomeCare Corporation (Nasdaq: ADUS) announced Tuesday it has completed its deal to buy Ambercare Corporation, Inc., a personal care, hospice and home health services provider headquartered in Albuquerque, New Mexico. Addus provides home care services to more than 36,000 clients through 142 offices in more than two dozen states. […]

Must-Read News: Azar Confirmed as HHS Secretary, Big Year for EVV

Happy Monday, Home Health Care News readers. Gear up for your week with our must-read news, and keep reading to check out our top stories from last week. At the top of the news cycle was that the second secretary of the Trump administration’s Department of Health and Human Services (HHS) was confirmed by the […]

FirstLight Home Care Plans to Add 60 Franchise Locations in 2018

After a year of high growth and opportunity, Jeff Bevis, CEO of FirstLight Home Care, is looking at 2018 with even more ambitious plans to add locations to the company’s footprint. FirstLight, which is based in Cincinnati, has been in operation since 2010, and has grown to more than 240 locations in 33 states. In 2017 alone, which […]