Anytime a company gets a new owner with a new vision, it’s almost inevitable there will be dissent. That’s even more likely when it comes to franchisers being bought up in home-based care, given the individual franchisee owners involved. There were multiple large-scale franchise acquisitions in 2021, and all with different sorts of acquirers. For […]
DispatchHealth and Home Instead have teamed up to offer clients of the latter access to in-home acute care. Originally launched as an in-home urgent care startup, Denver-based DispatchHealth delivers higher-acuity care – including offering hospital-level care – in the home. Meanwhile, Home Instead is a Omaha, Nebraska-based personal care franchise company that has 1,200 locations […]
Last summer, the home care technology company Honor acquired Home Instead. It was one of the largest – and perhaps surprising – deals in the non-medical home care space in recent memory. It’s been just over a year since the deal was officially announced and a company worth over $2 billion was formed. In hindsight, […]
More often than ever, professionals from other sectors are changing course, entering the home care industry and jump starting their careers by becoming franchisees. This new class of home care franchise owners brings with them backgrounds in law, hospitality, public relations and other areas. Since moving into the home care sector, many have been able […]
While the majority of their services and energy is concentrated in U.S. markets, a number of home-based care providers are continuing to see the value in participating in international markets. By providing services to countries around the world — whether directly or through franchisees — several U.S.-based companies have taken advantage of demand overseas by […]
The home-based care technology company Honor on Wednesday unveiled “Honor Expert,” an online tool designed to be the liaison between seniors, their families and aging-related solutions. The goal: to be a “one-stop shop” for seniors looking for a variety of services, including home-based care. Honor Expert already has 14 national partners, including Amazon Business, Best […]
Honor is back in the spotlight in a big way, just two months after it announced its industry-shaping acquisition of Home Instead. The San Francisco-based company announced Tuesday it has raised $70 million in Series E funding, in addition to securing $300 million in debt financing. Honor has earmarked the funds to further invest in […]
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, […]
Honor captured most of the headlines last week when the San Francisco-based company announced it had acquired Home Instead Inc., the international home care franchiser founded by Paul and Lori Hogan more than 25 years ago. Even as somebody who follows both Honor and the home care franchising world closely, this deal caught me off […]
As the U.S. population ages, there has been a struggle to keep up with the demand for caregivers. Building the caregiver workforce will take a number of strategies that each address the various challenges that these workers face. Several recommendations were highlighted in a new report by the Global Coalition on Aging (GCOA) and Home […]
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