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 […]
Consolidation is accelerating across the home care—and general health care—space. As many in-home care companies are getting snatched up in acquisitions by home health care providers, private equity groups or other entities, some organizations are seeking alternative routes to continue serving their patient population. One such group is Catholic Charities of Santa Clara County in […]
Building on its momentum of creating partnerships with other health care providers, San Francisco-based Honor has launched a new program with the aim of further expanding those types of arrangements. Honor, which has raised $65 million in funding, currently has partnerships with senior living providers, independent home care agencies and continuing care systems, among others. The […]
Investors Drop $4 Million on PreparedHealth Some well-known investors have opened their wallets for a Chicago startup focused on social media and big data. PreparedHealth recently picked up $4 million from Chicago Ventures, Pritzker Group Venture Capital, Beverly Capital and Meridian Street Capital, reports Crain’s Chicago Business. PreparedHealth’s signature product is an app called enTouch, […]
A West Coast in-home care provider that recently secured a funding round of $42 million has branched into the Dallas-Fort Worth market and is trying a new approach to reach the community—opening storefronts in Walmart. Technology-forward home care company Honor has opened two pilot store locations in the Dallas-Fort Worth market where customers can learn about […]
Amedisys Hires New Chief Clinical Officer One of the nation’s largest home health care providers, Baton Rouge, Louisiana-based Amedisys Inc. (Nasdaq: AMED), has hired Susan Sender, RN, as chief clinical officer and senior vice president. In her new role, Sender will oversee clinical practice and quality, set and maintain clinical operations standards and develop and […]
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