Honor CEO and co-founder Seth Sternberg has wanted to launch a platform like “Honor Expert” for the last eight years. But the idea of being a liaison to seniors and their families for a wide variety of services – Honor Expert’s goal – wasn’t feasible without some serious scale, which Honor didn’t have in 2014 […]
Home Instead Senior Care
For the longest time, home care providers were just trying to gain a foothold in the broader health care sector. Now times have changed, as home care services have proven to be an integral part of the overall system, especially during the public health emergency. And with changing times comes evolution. For home care leaders, […]
With all eyes focused on the home, it’s no exaggeration to say there were dozens of blockbuster in-home care acquisitions last year. But while all transactions directly impact the buyers and sellers, only a handful help shape the trajectory of an entire market. As I started to think about my own home health and home […]
The public health emergency continued to have an impact on home-based care providers in 2021. It didn’t define the year, however. As the top Home Health Care News stories of 2021 suggest, this year was about so much more than the COVID-19 crisis. Even more than the pandemic, the past 12 months have been about […]
In August, home care technology company Honor announced it acquired Home Instead Senior Care, one of the largest in-home aging services providers in the world. As a result of the deal, the combined Honor-Home Instead enterprise now represents more than $2.1 billion in home care services revenue. That size and scale will help the pair […]
The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit https://futureleaders.agingmedia.com/. Lakelyn Hogan, a gerontologist and caregiver advocate at Omaha, […]
Non-medical home care was on the rise prior to 2020, as Medicare Advantage plans and health systems began investing more heavily around social determinants of health and activities of daily living. The COVID-19 pandemic, however, has arguably made home care the hottest corner of the senior care world. There are dozens of home care companies […]
The technology-enabled home care startup Honor has acquired one of the largest providers of personal home care in the country — Home Instead — in an effort to become the “default” provider of services for seniors in the U.S. The acquisition became effective Friday and financial terms of the deal were not disclosed. Together, the […]
An eclectic group of health care providers has formed a new organization dedicated to advancing home-based care. The long-term vision of the new entity, branded “Moving Health Home,” is to fundamentally change the way policymakers think about how, when and where patients are treated. The coalition, unveiled Wednesday, is made up by eight diverse founding […]
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 […]