HomeHero Closure Casts Shadow Over Home Care ‘Disrupters’

Millions of dollars in backing from seasoned venture funds and investors. Technology built to improve efficiencies and lower costs. And plenty of ambition. What does this combination add up to? In one recent case, it added up to a home care company that announced last week it was closing its doors for good. California-based HomeHero ceased its home […]

Senior Helpers CEO ‘Bullish’ on Opportunities in 2017

With a new private equity partner on board, Senior Helpers is looking forward to a growth year in 2017. New programs and entry into new markets should give Timonium, Maryland-based Senior Helpers, one of the nation’s largest home care franchise companies, an even larger footprint and more sway across the health care continuum, co-founder and […]

Forbes: Venture Capitalists Eye Home Care Opportunities

By all accounts, Silicon Valley loved home care in 2016. In fact, prominent, Silicon Valley-based venture capital (VC) firms have invested more than $200 million altogether in home care companies this year, according to Forbes. Home care software provider ClearCare received the most funding overall, having secured $60 million in a round led by Battery Ventures […]

Movers & Shakers: Addus’ New Board Members

Addus HomeCare Adds Two to Board of Directors Addus HomeCare (Nasdaq: ADUS) has named Susan T. Weaver, M.D., and Darin J. Gordon to its board of directors. Weaver serves at the CEO of C3Healthcare Rx, a health care services company, and formerly served as the chief medical officer at Blue Cross and Blue Shield of […]

Startup Secures $3.1 Million to Help Families Hire Caregivers Directly

Another app-based home care solution has burst onto the scene, and with $3.1 million in funding to boot. But this one—San Francisco-based Kindly Care—isn’t out to replace the home care agencies in its markets, according to its co-founder and CEO Igor Lebovic. Instead, it’s out to capture the clients home care agencies can’t. This strategy is different from […]

Hometeam Bucks Conventional Wisdom to Start Taking Medicaid

Hometeam will now be accepting Medicaid in New York City, becoming the first of a new breed of home care companies to tap the government insurance program for low-income individuals. Founded in 2013, Hometeam came out of stealth mode last year and announced an $11 million funding round. Since then, it has continued to secure […]

Movers & Shakers: ResCare Hires Kindred Exec. as President, CEO

ResCare Hires Kindred Executive as President, CEO ResCare, a home health care provider based in Louisville and the nation’s largest private provider of services to people with disabilities, has named Jon Rousseau as its new president and CEO, replacing CEO Ralph Gronefiled, Jr., who is retiring. Rousseau is moving from Kindred Healthcare (NYSE: KND), one […]

Editor’s Picks: ClearCare’s $60 Million Funding

This week, Home Health Care News readers learned what ClearCare’s CEO thinks its $60 million funding round means for competitors like Honor and Hometeam, why two U.S. Senators are calling for a delay of the home health pre-claim review demonstration launch, and why one California-based home care company has branched into senior living. HHCN will […]

CEO: $60 Million ClearCare Funding Puts Honor, Hometeam on Notice

Home care software company ClearCare has secured a $60 million funding round, led by global investment firm Battery Ventures. The investment is a vote of confidence not only in this company but in the well-established home care franchises and independent, locally-owned agencies that use the ClearCare product—and a shot across the bow of tech-forward, startup rivals […]