Home-focused digital health platform Vesta Healthcare announced Tuesday it has raised an additional $65 million in growth capital. The New York City-based Vesta is a clinical provider and technology services organization that connects caregiver insights to the rest of an individual’s care team. As part of its business model, the company partners with home care […]
Hometeam
When CEO Randy Klein took over Hometeam about a year ago, he was tasked with leading the private equity-backed home care company into a new era. The New York-based startup had recently switched from its direct-to-consumer business model to one based on partnering with other agencies and insurers. It also moved from a payment structure […]
A new technology-enabled home care company is breathing life back into HomeHero, the startup once heralded as an industry “disruptor” for its business model of directly matching consumers to caregivers. After raising a total of $23 million, HomeHero was forced to cease its operations in late 2016. The new tech-powered home care player is Family […]
Addressing social determinants of health is especially important for Medicare Advantage (MA) beneficiaries, as they are increasingly affected by a lack of services targeting those needs, which include access to and quality of housing, food and transportation, among other socio-economic factors. That’s according to a recent report from Avalere Health, a Washington, D.C.-based health care […]
Home care in Medicare Advantage (MA), the demise of digital disruptors and interoperability barriers are the top three trends shaping the in-home care space in 2019, according to business strategist Stephen Tweed, founder of Home Care CEO Forum. Tweed highlighted these and other industry-shaping trends in this year’s Home Care Benchmarking Study, released last week […]
*Editor’s note (4/30/2019): This story has been updated to include comments from Hometeam CEO Randy Klein. Home-based care providers continue to show their support for the Centers for Medicare & Medicaid Services’ (CMS) move to better coordinate care for Americans who qualify for both Medicare and Medicaid. CMS first announced plans to expand coverage options […]
Episode #7 of Disrupt: Randy Klein Listen to our conversation with Hometeam CEO Randy Klein and learn about: His background as senior vice president of partner development for Remedy Partners, his work in operations with the Visiting Nurse Service of New York (VNSNY), one of the nation’s largest not-for-profit community-based health care organizations. The switch of […]
The seventh episode of our podcast, Disrupt, is now available! Listen to our conversation with Hometeam CEO Randy Klein and learn about: His background as senior vice president of partner development for Remedy Partners, his work in operations with the Visiting Nurse Service of New York (VNSNY), one of the nation’s largest not-for-profit community-based health […]
Kindly Care—a startup that helps clients find, hire and manage at-home caregivers—has raised $5.4 million in a Series A round and is planning to expand to the East Coast for the first time. The company has also backed away, for the moment, from sharing workers with home care agencies through a platform dubbed Care Exchange. […]
Home care agencies might want to think twice about how they handle workers who are chronically late to client visits. “When we started Honor, we thought, clearly, if a care pro is late, that’s terrible,” Seth Sternberg, CEO of the San Francisco-based company, told Home Health Care News. “And then we learned that’s not true.” […]